
PayPal
Issuers
Global payments made simple, secure, and seamless.

Founders
Peter Thiel (Co-founder)
Max Levchin (Co-founder)
Elon Musk (Co-founder)
Luke Nosek (Co-founder)
Ken Howery (Co-founder)
Yu Pan (Co-founder)
Launch Date
Key Investors
Vanguard Group Inc.
BlackRock Inc.
State Street Corp.
Comprehensive Financial Management LLC
Geode Capital Management LLC
and more
About
PayPal is a global digital payment platform that enables secure, fast transactions for individuals and businesses. With features like simplified checkout, PayPal.Me payment links, and robust Buyer Protection, users can confidently shop at millions of brands worldwide. The platform offers comprehensive solutions for personal use, small businesses, and enterprises, with encrypted data protection. PayPal champions financial accessibility, making money management easier through its website and mobile app while serving millions of users globally.
200M+
active PayPal accounts
4B+
transactions processed annually
Use Cases
- Freelancer Payments - Receive payments from international clients effectively and securely.
- Online Shopping - Make online purchases with flexible payment options without incurring interest.
- Group Gifting - Collaborate with friends to purchase a group gift easily, tracking contributions.
- Savings Account - Utilize a savings account within PayPal to grow funds with competitive interest rates.
Cryptocurrency Services
- Buy, transfer, and sell cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, and Litecoin
- Offers the PayPal stablecoin, PayPal USD
- Buying, selling, transferring, and holding cryptocurrency with PayPal is not available where prohibited by law
- Custody, trading, and transfer services for cryptocurrencies are performed by Paxos Trust Company, LLC
- PayPal is licensed to engage in virtual currency business activity by the New York State Department of Financial Services
Stablecoin Initiatives
- PayPal has its own stablecoin called PayPal USD (PYUSD)
- Issuance and custody of PayPal USD is performed by Paxos Trust Company, LLC
- PayPal USD is subject to Paxos Terms
- Not available in all jurisdictions
- Integrated with PayPal's existing payment infrastructure
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