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Paypal
PayPal is one of the largest global payment service providers. It enables digital payments and offers acceptance solutions for consumers and merchants. The company specializes in online payments, mobile and ecommerce, fund transfers, and payment processing. It has expanded its capabilities through the acquisitions of Zong, Paydiant, CyActive, Modest, Braintree, Xoom, and Zettle (previously known as iZettle).
PayPal is now available in more than 200 markets. It is particularly active in the US, the UK, Germany, Australia, and New Zealand. The solution is accepted at over 30 million merchants globally and supports all major payment networks, including American Express, Visa, Mastercard, UnionPay, and Discover. Following its spinoff from eBay in July 2015, PayPal operates as an independent publicly traded company. Its platform allows consumers and merchants to receive funds in 100+ currencies. It supports fund withdrawals in 56 currencies and allows users to hold balances in 25 currencies. It supports access to money on multiple devices, including smartphones, tablets, PCs, and wearables.
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