PayPal is a global e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic alternatives to paying with traditional paper methods, such as checks and money orders. PayPal is an acquirer, performing payment processing for online vendors, auction sites, and other commercial users, for which it charges a fee. It may also charge a fee for receiving money, proportional to the amount received. The fees depend on the currency used, the payment option used, the country of the sender, the country of the recipient, the amount sent and the recipient's account type. In addition, eBay purchases made by credit card through PayPal may incur extra fees if the buyer and seller use different currencies. On October 3, 2002, PayPal became a wholly owned subsidiary of eBay. Its corporate headquarters are in San Jose, California, United States at eBay's North First Street satellite office campus. The company also has significant operations in Omaha, Nebraska, Scottsdale, Arizona, Charlotte, North Carolina and Austin, Texas in the United States; Chennai in India; Dublin in Ireland; Kleinmachnow in Germany; and Tel Aviv in Israel. From July 2007, PayPal has operated across the European Union as a Luxembourg-based bank.
PayPal is an online payments and money transfer service that allows you to send money via email, phone, text message or Skype. They offer products to both individuals and businesses alike, including online vendors, auction sites and corporate users. PayPal connects effortlessly to bank accounts and credit cards.PayPal Mobile is one of PayPal’s newest products. It allows you to send payments by text message or by using PayPal’s mobile browser. PayPal created the Gausebeck-Levchin test, which is an implementation of the CAPTCHA technology, the blurry box of letters and numbers used to prevent against online fraud by ensuring a human response. They created it in the early days to help prevent unauthorized access by automated systems.When eBay acquired PayPal in October 2002, eBay already had an online payment system of choice called Billpoint. Billpoint was quickly phased out due to PayPal’s popularity, branding and technology. PayPal’s main competitor is Google Checkout. PayPal Mobile competitors include obopay, TextPayMe and KushCash.More information about PayPal can be found on the PayPal Press Center, the PayPal Facebook page, the PayPal Twitter page, the PayPal Developer Network, and the PayPal Blog.
The numerical value of PayPal in Chaldean Numerology is: 4
The numerical value of PayPal in Pythagorean Numerology is: 8
Examples of PayPal in a Sentence
I can't imagine a more exciting time to join PayPal, payPal is leading the transformation of money and the digitization of payments.
I ca n’t imagine a more exciting time to join PayPal, payPal is leading the transformation of money and the digitization of payments.
They are competing with Visa and American Express and PayPal, and more and more with Apple and Google, these are formidable competitors.
It's a signal that PayPal has a harder time in Europe than it does in the U.S., klarna's brand equity is much stronger in Europe. They have strong traction.
Images & Illustrations of PayPal
Popularity rank by frequency of use
Translations for PayPal
From our Multilingual Translation Dictionary
Get even more translations for PayPal »
Find a translation for the PayPal definition in other languages:
Select another language: