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Paypal
From Consumer Action Taskforce
Paypal
| Basic Information | |
|---|---|
| Founded | March 2000 |
| Industry | Financial Technology |
| Official Website | 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.
Controversies
| Controversy | Year | Background Info | Aftermath | Related Article | Related Video(s) |
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