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PayPal People
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial and company users, for which it charges an international addition bank charges fee. Established in 1998 as Confinity, PayPal went public through an IPO in 2002. It became a wholly owned subsidiary of eBay later that year, valued at $1.5 billion. In 2015 eBay spun off PayPal to its shareholders, and PayPal became an independent company again. The company was ranked 143rd on the 2022 ''Fortune'' 500 of the largest United States corporations by revenue. Since 2023, PayPal is a member of the MACH Alliance. History Early history The company was originally established by Max Levchin, Peter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PayPal 2024
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support E-commerce payment system, online money transfers; it serves as an electronic alternative to traditional Banknote, paper methods such as cheque, checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial and company users, for which it charges an international addition bank charges fee. Established in 1998 as Confinity, PayPal went public through an initial public offering, IPO in 2002. It became a wholly owned subsidiary of eBay later that year, valued at $1.5 billion. In 2015 eBay corporate spin-off, spun off PayPal to its shareholders, and PayPal became an independent company again. The company was ranked 143rd on the 2022 Fortune 500, ''Fortune'' 500 of the largest United States corporations by revenue. Since 2023, PayPal is a member of the MACH Al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Technology
Financial technology (abbreviated as fintech) refers to the application of innovative technologies to products and services in the financial industry. This broad term encompasses a wide array of technological advancements in financial services, including mobile banking, online lending platforms, digital payment systems, robo-advisors, and blockchain-based applications such as cryptocurrencies. Financial technology companies include both startup company, startups and established technology and financial firms that aim to improve, complement, or replace traditional financial services. Evolution The evolution of financial technology spans over a century, marked by significant technological innovations that have revolutionized the financial industry. While the application of technology to finance has deep historical roots, the term "financial technology" emerged in the late 20th century and gained prominence in the 1990s. The earliest documented use of the term dates back to 1967, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknote
A banknote or bank notealso called a bill (North American English) or simply a noteis a type of paper money that is made and distributed ("issued") by a bank of issue, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to Redemption value, redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authority, monetary authorities. By extension, the word "banknote" is sometimes used (including by collectors) to refer more generally to paper money, but in a strict sense notes that have not been issued by banks, e.g. government notes, are not banknotes. National banknotes are often, but not always, legal tender, meaning that courts of law are required to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
E-commerce Payment System
An e-commerce payment system (or an electronic payment system) facilitates the acceptance of electronic payment for offline transfer, also known as a subcomponent of electronic data interchange (EDI), e-commerce payment systems have become increasingly popular due to the widespread use of the internet-based shopping and banking. Credit cards remain the most common form of payment for e-commerce transactions. As of 2008, in North America, almost 90% of online retail transactions were made with this payment type.Turban, E. King, D. McKay, J. Marshall, P. Lee, J & Vielhand, D. (2008). Electronic Commerce 2008: A Managerial Perspective. London: Pearson Education Ltd. p.550 It is difficult for an online retailer to operate without supporting credit and debit cards due to their widespread use. Online merchants must comply with stringent rules stipulated by the credit and debit card issuers (e.g. Visa Inc., Visa and Mastercard) in accordance with a bank regulation, bank and financial reg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zettle
Zettle by PayPal (previously known as iZettle) is a Sweden, Swedish financial technology company founded by Jacob de Geer and Magnus Nilsson in April 2010. Launching its first app and service in 2011, the company offers a range of financial products including payments, point of sales, funding and partners applications. The company was acquired by PayPal in 2018. The company was one of the first to develop a Payment terminal, chip-card reader and app for smartphone-based mobile commerce which meets international security requirements. History In April 2010, Jacob de Geer and Magnus Nilsson founded iZettle and launched its first app and chip card reader in 2011. The name “iZettle” derives from the expression “settling a debt.” The founders wanted a name that described what the company would do. They decided on a stylized combination of the words “I” and “Settle.” iZettle is de Geer's fourth start-up. de Geer was the first employee of TradeDoubler in 1999 and Ame ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Xoom Corporation
Xoom Corporation (also known as Xoom, a PayPal Service) is an electronic funds transfer and remittance provider. History Xoom Corporation was founded in 2001 by Alan Braverman and Kevin Hartz, with its headquarters in San Francisco, California. In June 2010, Xoom was cited in a study by the Inter-American Dialogue of 79 remittance service providers, as having amongst the highest consumer satisfaction ratings. In March 2011, and in September 2012, Xoom was listed in ''The Wall Street Journal''s annual "Next Big Thing List" list of the 50 most promising venture-backed companies. In October 2012, in a follow-up survey by the Inter-American Dialogue of 51 remittance service providers for the US to Latin America market, ranked Xoom top for fees charged and countries served. Funding and ownership On September 28, 2007, Xoom closed a first E-series round of financing for $20 million. Peter Thiel was an early investor in Xoom Corporation. Xoom public offering, went public on Feb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venmo
Venmo is an American mobile payment service founded in 2009 and owned by PayPal since 2013. Venmo is aimed at users who wish to split their bills. Account holders can transfer funds to others via a mobile phone app; both the sender and receiver must live in the United States. Venmo also operates as a small social network, as users can observe other users' public transactions with posts and emoticons. In 2021, the company handled US$230 billion in transactions and generated US$850 million in revenue. Users can view transactions on the Venmo website but cannot complete transactions on the website. By default, Venmo publishes every peer-to-peer transaction (excluding the amount), a feature shown by researchers to reveal sensitive details about users' lives in some situations. In 2018, the company settled with the Federal Trade Commission (FTC) about several privacy and security violations related to this and other features, and made changes to the corresponding settings. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tradera
Tradera.com is an online marketplace based in Stockholm, Sweden. With its 3,6 million members, 6 million weekly visits and more than 3 million listings at any given point (2024), it's the largest marketplace in the Nordics for sustainable shopping. Items are sold from both private consumers and businesses and are ranging from fashion and interior design to tech and collectibles. Although Tradera welcomes members from all over the world, most are from within the EU and Sweden. Tradera was originally based completely on auctions, but today visitors can purchase both new and second hand items through auctions as well as fixed price listings. Tradera was founded in 1999 but was acquired by eBay Inc. in 2006, which already owned the financial tech company PayPal. When eBay and PayPal were separated in 2015, Tradera became part of PayPal. Since PayPal's sale of Tradera in 2021, Tradera has once again become a Swedish company. History Tradera was founded in 1999 with Daniel Kaplan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PayPal Credit
PayPal Credit, formerly named Bill Me Later (BML), is a proprietary buy now, pay later payment method offered on merchant websites, including those of Wal-Mart, Home Depot, USPS and eBay in the United States. The site provides consumers with a line of revolving credit through Synchrony Bank. It allows purchases to be made online without the use of a credit card by creating a line of credit. Customer, can either pay off the balance at a later date or pay it in installments. The company was one of the first recipients of the Red Herring Global 100 Award by the publication Red Herring. On November 7 2008, PayPal PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support E-commerce payment system, online money transfers; it serves as an electronic alter ... completed its acquisition of Bill Me Later. It was formerly owned by I4 Commerce and created by GoPin Inc. History T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paydiant
Paydiant was an American financial services company based in Auburndale, Massachusetts. It provided payment and wallet services for merchants, banks, point-of-sale, and ATM providers. The company was incorporated in 2010 and acquired by PayPal PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support E-commerce payment system, online money transfers; it serves as an electronic alter ... in 2015. History In 2011, Paydiant raised $7.6 million funding from North Bridge Venture Partners and General Catalyst Partners. Paydiant received a funding of $12 million and $15 million in 2012 and 2013 respectively. Paydiant has provided mobile wallet platforms for MCX. In 2015, PayPal acquired Paydiant in a $280 million deal. References PayPal Mobile payments Electronic funds transfer Financial services companies established in 2010 Online financial services companies of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PayPal Honey
Honey Science Corporation, doing business as PayPal Honey (previously Honey), is an American technology company and a subsidiary of PayPal. It is known for developing a browser extension that automatically applies online coupons on e-commerce websites. Founded in 2012 by Ryan Hudson and George Ruan in Los Angeles, California, the company was acquired by PayPal in 2020 for approximately $4 billion. The company has come under scrutiny for overriding affiliate links and using misleading advertising. History Entrepreneurs Ryan Hudson and George Ruan founded Honey in November 2012 in Los Angeles, California, after building a prototype of the browser extension in late October 2012. A bug tester leaked the prototype to Reddit, where it gained adoption. By March 2014, the company had 900,000 organic users. Honey raised a $26 million Series C round, led by Anthos Capital in March 2017. By January 2018, Honey had raised a total of $40.8 million in venture backing. In 2020, it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
