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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. PayPal is one of the world's largest Internet payment companies. The company operates as a payment processor for online vendors, auction sites and other commercial users, for which it charges a fee.

PayPal Holdings, Inc.
PayPal.svg
Available in Multilingual
Traded as
Founded December 1998; 18 years ago (1998-12) (as Confinity)
Predecessor(s) Confinity
Headquarters 2211 North First Street, San Jose, California, United States 95131
Coordinates 37°22′37″N 121°55′21″W / 37.3770°N 121.9226°W / 37.3770; -121.9226Coordinates: 37°22′37″N 121°55′21″W / 37.3770°N 121.9226°W / 37.3770; -121.9226
Area served Worldwide
Founder(s) Max Levchin
Peter Thiel
Luke Nosek
Ken Howery
Elon Musk
Key people John Donahoe (Chairman)
Dan Schulman
Industry Financial Services
Products Credit cards, payment systems
Revenue Increase US$9.24 billion (2015)
Operating income Decrease US$0.76 billion (2016)
Profit Increase US$1.22 billion (2015)
Total assets Decrease US$10.88 billion (2016)
Total equity Increase US$20.75 billion (2016)
Employees 18,000 (2016)
Parent eBay (2002–2014)
Subsidiaries Braintree
Paydiant
Venmo
PayPal Credit
Xoom Corporation
Website www.paypal.com
Alexa rank Decrease 52 (November 2016)
Advertising No
Registration Yes
Users Increase 188 million
Launched December 1998 (1998-12)
Current status Active
Native client(s) on iOS
Android
Windows
Written in C++, JavaScript (as Node.js), Python
PayPal's corporate headquarters in San Jose, California
eBay, PayPal, Kijiji and StubHub in Toronto

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. PayPal is one of the world's largest Internet payment companies. The company operates as a payment processor for online vendors, auction sites and other commercial users, for which it charges a fee.

Established in 1998, PayPal had its IPO in 2002, and became a wholly owned subsidiary of eBay later that year.

In 2014, PayPal moved $228 billion in 30 currencies across more than 190 nations, generating a total revenue of $7.9 billion (44% of eBay’s total profits). The same year, eBay announced plans to spin-off PayPal into an independent company by mid-2015 and this was completed on July 18, 2015. On July 20, 2015, PayPal had its second IPO that valued the company at $46.6 billion.

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