Located in San Jose, California, PayPal was founded in 1998
and was acquired by eBay in 2002. PayPal is the safer, easier
way to pay and get paid online. The service allows anyone to
pay in any way they prefer, including through credit cards, bank
accounts, buyer credit or account balances, without sharing financial
PayPal has quickly become a global leader in online payment
solutions with more than 153 million accounts worldwide. Available
in 190 markets and 18 currencies around the world, PayPal enables
global ecommerce by making payments possible across different
locations, currencies, and languages.
PayPal has received more than 20 awards for excellence from
the internet industry and the business community -most recently
the 2006 Webby Award for Best Financial Services Site and the
2006 Webby People's Voice Award for Best Financial Services Site.