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PayPal | Vibepedia

PayPal | Vibepedia

PayPal is a multinational financial technology company that operates an online payments system, serving as an electronic alternative to traditional paper method

Overview

PayPal is a multinational financial technology company that operates an online payments system, serving as an electronic alternative to traditional paper methods. Founded in 1998 as Confinity, PayPal has become a leading payment processor for online vendors and commercial users. With its IPO in 2002 and subsequent spin-off from eBay in 2015, PayPal has established itself as an independent company, ranked 143rd on the 2022 Fortune 500.