August 30, 2014 4:23 AM ET

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Company Overview of PayPal, Inc.

Company Overview

PayPal, Inc. provides a way to pay and get paid online through a mobile device and in store. It enables people to transact money through their account balances, bank accounts, credit cards, or promotional financing without sharing financial information. The company serves individuals who purchase through online stores across the globe, and businesses worldwide. It has a strategic relationship with Facebook. PayPal, Inc. was formerly known as X.com Corp. and changed its name to PayPal, Inc. in March, 2000. The company was founded in 1998 and is based in San Jose, California. PayPal, Inc. has an additional office in Timonium, Maryland; a European headquarters in Luxembourg; and an internationa...

2211 North First Street

San Jose, CA 95131

United States

Founded in 1998

Phone:

408-376-7400

Fax:

402-537-5774

Key Executives for PayPal, Inc.

Co-Founder
Age: 47
Chief Financial Officer
Senior Vice President of Worldwide Operations
Age: 45
Chief Executive Officer of eBay Inc and President of eBay Inc
Age: 53
Vice President of Legal and General Counsel
Age: 52
Compensation as of Fiscal Year 2014.

PayPal, Inc. Key Developments

Network International Signs Deal with PayPal

Network International announced that it has signed a deal with PayPal that will enable UAE merchants to withdraw funds in UAE dirhams from PayPal directly into a local bank account. With this partnership, merchants will have faster and more direct access to their online payments from customers, offering them enhanced e-commerce opportunities. The service is expected to be launched in October.

Network International Signs Deal with Paypal

Network International has signed a deal with online payments provider PayPal that will enable UAE merchants to withdraw funds in UAE dirhams from PayPal directly into a local bank account. With this partnership, merchants will have faster and more direct access to their online payments from customers, offering them enhanced e-commerce opportunities.

PayPal Launches Services in New Markets

PayPal announced that it has started services in new markets. The firm said that it has expanded its payment services to ten new European and African markets.

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