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Industry Center > > PayPal, Inc. Company Profile
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PayPal, Inc. Company Profile
PayPal wants to be your best bud in the electronic payments industry. The company allows individuals and merchants to transfer money via personal computer or smartphone, with transactions charged to the customer's bank account, credit card, or PayPal account. The company earns fees mainly from payment transactions, foreign exchange, and withdrawals from foreign bank accounts, as well as on its customer balances and PayPal-branded credit and debit cards. PayPal connects with more than 15,000 financial institutions in 190 markets in 25 currencies around the world. Founded in 1998, PayPal is a subsidiary of Internet marketplace eBay and accounts for more than 40% of eBay's sales.
Headlines for PayPal, Inc.
PayPal to pay $7.7M in sanctions violations settlement
- Wed Mar 25
PayPal to pay $7.7 mln in U.S. Treasury sanctions case
- Wed Mar 25
PayPal to pay $7.7 million in U.S. Treasury sanctions case
- Wed Mar 25
PayPal sets up Israeli security center, buys CyActive
- Wed Mar 11
PayPal buys cybersecurity firm, creates Israel hub
- Tue Mar 10
PayPal to acquire mobile wallet provider Paydient
- Mon Mar 2
PayPal to pay $7.7M to settle gov't charges that payments co. allowed sanctions violations
- Wed Mar 25
PayPal to pay $7.7 mln in sanctions case
- Wed Mar 25
eBay closes in on PayPal spinoff as Lululemon, rail shares slide
- Mon Mar 23
PayPal to buy Israeli cyber security firm CyActive: media
- Sun Mar 8
Contact Information
Address: 2211 N. First St.
San Jose, CA 95131
Financial Highlights
Fiscal Year End:December
Key People
President: Dan Schulman
Senior Vice President Worldwide Operations: John P. McCabe
Chief Financial Officer: Patrick Dupuis
Industry Information
Top Competitors
Google Inc. (goog)
Intuit Inc. (intu)
Yahoo! Inc. (yhoo)

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