Secure payment

PayPal Holdings, Inc. is an American company operating a worldwide online payments system. Online money transfers serve as electronic alternatives to traditional paper methods like checks and money orders. PayPal is one of the world's largest internet payment companies.[6] The company operates as an acquirer, performing payment processing for online vendors, auction sites and other commercial users, for which it charges a fee.

Established in 1998,[7] PayPal had its IPO in 2002, and became a wholly owned subsidiary of eBay later that year.[8][9] In 2014, PayPal moved $228 billion in 26 currencies across more than 190 nations, generating a total revenue of $7.9 billion (44% of eBay’s total profits).[10] The same year, eBay announced plans to spin-off PayPal into an independent company the following year. The spin-off was complete on July 18, 2015