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Founded in 1998, PayPal, an
eBay Company, enables any individual or business with
an email address to securely, easily and quickly send
and receive payments online. PayPal's service builds
on the existing financial infrastructure of bank
accounts and credit cards and utilizes the world's
most advanced proprietary fraud prevention systems to
create a safe, global, real-time payment solution.
PayPal has quickly become a global leader in online
payment solutions with 50 million account members
worldwide. Available in 45 countries around the world,
buyers and sellers on eBay, online retailers, online
businesses, as well as traditional offline businesses
are transacting with PayPal.
PayPal has received close to 20 awards for technical
excellence from the Internet industry and the business
community at large -most recently the 2003 Webby Award
for Best Finance Site and the 2003 Webby People's
Voice Award for Best Finance Site.
Located in San Jose, California, PayPal was acquired
by eBay Inc. in October, 2002.
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