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PayPal: Difference between revisions
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→Controversies: Added PayPal refund transaction fee |
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* [[wikipedia:PayPal|'''PayPal Holdings, Inc.''']] is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers. | *[[wikipedia:PayPal|'''PayPal Holdings, Inc.''']] is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers. | ||
* It serves as an electronic alternative to traditional paper methods such as checks and money orders. | *It serves as an electronic alternative to traditional paper methods such as checks and money orders. | ||
* The company operates as a payment processor for online vendors, auction sites and many other commercial users, for which it charges a fee. | *The company operates as a payment processor for online vendors, auction sites and many other commercial users, for which it charges a fee. | ||
* Originally founded as [[wikipedia:Confinity|Confinity]] in 1998, it merged with [[wikipedia:X.com_(bank)|X.com]] in March 2000, and was finally renamed [[wikipedia:PayPal|PayPal]] in June 2001. | *Originally founded as [[wikipedia:Confinity|Confinity]] in 1998, it merged with [[wikipedia:X.com_(bank)|X.com]] in March 2000, and was finally renamed [[wikipedia:PayPal|PayPal]] in June 2001. | ||
* PayPal can be used in more than 200 countries/regions. | *PayPal can be used in more than 200 countries/regions. | ||
== Products == | ==Products== | ||
* [[PayPal Honey]] | *[[PayPal Honey]] | ||
== Controversies == | ==Controversies== | ||
{| class="wikitable" | {| class="wikitable" | ||
| Line 31: | Line 31: | ||
!Related Video(s) | !Related Video(s) | ||
|- | |- | ||
|PayPal will no longer refund transaction feeds on refunds | |||
|2019 | |||
| | | | ||
|PayPal announced they would undo this policy change, and then a few months later re-implemented it. | |||
|https://eseller365.com/paypal-will-no-longer-refund-transaction-fees-on-refunds/ | |||
|https://www.youtube.com/watch?v=c1WPDVjXDj0 | |||
https://www.youtube.com/watch?v=6nhZKqC1y1g | |||
https://www.youtube.com/watch?v=6APNcFOuE1g | |||
https://www.youtube.com/watch?v=rQpfNsuTSGc | |||
https://www.youtube.com/watch?v=YPXhzgC2ODs | |||
|- | |||
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| | | | ||
|} | |} | ||
== General References: == | ==General References:== | ||
<references /> | <references /> | ||
[[Category: | [[Category:Financial services companies]] | ||
[[Category:Financial technology companies]] | |||
[[Category:Foreign exchange companies]] | |||
[[Category:PayPal]] | [[Category:PayPal]] | ||
Latest revision as of 03:53, 28 January 2025
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PayPal
| Basic information | |
|---|---|
| Founded | 1998 |
| Type | Public |
| Industry | Financial Technology |
| Official website | https://paypal.com/ |
- PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers.
- It serves as an electronic alternative to traditional paper methods such as checks and money orders.
- The company operates as a payment processor for online vendors, auction sites and many other commercial users, for which it charges a fee.
- Originally founded as Confinity in 1998, it merged with X.com in March 2000, and was finally renamed PayPal in June 2001.
- PayPal can be used in more than 200 countries/regions.
Products[edit | edit source]
Controversies[edit | edit source]
| Controversy | Year | Background Info | Aftermath | Related Article | Related Video(s) |
|---|---|---|---|---|---|
| PayPal will no longer refund transaction feeds on refunds | 2019 | PayPal announced they would undo this policy change, and then a few months later re-implemented it. | https://eseller365.com/paypal-will-no-longer-refund-transaction-fees-on-refunds/ | https://www.youtube.com/watch?v=c1WPDVjXDj0
https://www.youtube.com/watch?v=6nhZKqC1y1g https://www.youtube.com/watch?v=6APNcFOuE1g https://www.youtube.com/watch?v=rQpfNsuTSGc https://www.youtube.com/watch?v=YPXhzgC2ODs | |