How PayPal Became the Internet’s Payment System

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PayPal is an American firm working a worldwide on-line fee system that helps on-line cash transfers and serves as an digital different to conventional paper strategies like checks and cash orders.

Established in 1998, PayPal had its preliminary public providing in 2002 and have become a wholly-owned subsidiary of eBay later that 12 months. In 2014, eBay introduced plans to spin-off PayPal into an unbiased firm. In the present day, PayPal has over 200 million customers worldwide.

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