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 96.2 million account members worldwide. Available in 55 countries and regions around the world, buyers and sellers on eBay, online retailers, online businesses, as well as traditional offline businesses are transacting with PayPal.
 

PayPal provides the world's first instant and secure online payment service. With PayPal, individuals and businesses can send and receive payments through the Internet. This revolutionary new service provides a safer, faster, easier, and cheaper way to move money in today's digital economy.

With a customer base of more than 100 million accounts and continuing to grow rapidly, PayPal is the world's largest Internet-based payment network. PayPal is the #1 eFinance site on the Internet, according to PC Data Online, and one of the fastest growing websites, according to Media Metrix. PayPal now constitutes over 10% of all Internet traffic in the financial
services category, more than Citibank, Wells Fargo and Bank of America combined.

PayPal also provides the preferred payment service for online auctions and online community and group websites. Recommended by CNET as "the most reliable personal payment service," PayPal is also being increasingly used at e-commerce sites. PayPal's service, free to consumers, can be used from
PCs or Web-enabled mobile phones.

Founded in December 1998 by Peter Thiel and Max Levchin, PayPal is headquartered in San Jose, California. PayPal was named one of the 50 Most Important Private Companies in the World by Red Herring, one of the Top 25 New Companies by Fortune Small Business, and a Forbes Favorite Website.

For more information on PayPal, please visit the 'About Us' section of our Website at: https://www.paypal.com/aboutus