1. PayPal...?
Founded in 1998
Located in San Jose,California,USA
Global online payment company
Settling payment in 25 currencies over 200 countries
Over 426 millions of people users
Number of employees: 30,900(2021)
Parent companies: eBay
2. About Paypal..?
Early history
Paypal was originally established by Peter Thiel, Luke
Nosek and Max Levchin, in December 1998 as
Confinity, a company that developed security software
for hand held devices. It had no success with that
business model,it switched its focus to a digital wallet.
The first version of the Paypal electronic payments
system was launched in 1999.
In March 2000, Confinity merged with x.com, an online
financial services company founded in March 1999 by
Elon Musk.
PayPal was acquired by eBay on October 2002 for $1.5
billions.
4. Benefits:
PayPal makes buying products and services or even
sending money as easy as sending email.
It’s an extra measure of security for your credit card
when you buy.
PayPal is now owned by eBay – so security, service and
reliability is good and improving each year
Fast & Easy Transfers.
5. SWOT Analysis:
Strengths of PayPal:
Global Presence
Customer Base
User-Friendly
Weaknesses of PayPal:
Frauds
Fee amount
Threats looming over PayPal:
Competition
Cyber attacks
6. Board of Directors:
Daniel H. Schulman
John Donahoe
Jonathan Christodoro
David W. Dorman
Gail J. McGovern
David M. Moffett
Ann Sarnoff
Rodney C. Adkins