PayPal Holdings, Inc. is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like 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 in exchange for benefits such as one-click transactions and password memory. PayPal was founded in December 1998 as Confinity, a company that developed security software for handheld devices. In March 2000, Confinity merged with X.com, an online banking company founded by Elon Musk. Musk was the company's chairman and CEO until October 2000, when he was replaced by Peter Thiel. In 2002, PayPal was acquired by eBay, and became a wholly owned subsidiary of the auction site in 2014.
PayPal is a digital payment company that facilitates online money transfers. PayPal allows customers to send, receive, and hold funds in 25 currencies worldwide. It is one of the oldest and most popular digital payment companies, with over 300 million active users.
PayPal l services is a great way to send and receive money. It is safe and secure and you can use it from anywhere in the world.