|
|
 |
| About Us |
|
PayPal lets any business or
consumer with an email address to securely, conveniently, and
cost-effectively send and receive payments online. Our network
builds on the existing financial infrastructure of bank accounts and
credit cards to create a global, real-time payment solution. We
deliver a product ideally suited for small businesses, online
merchants, individuals and others currently underserved by
traditional payment mechanisms.
We seek to become the global standard for online payments, offering
our service to users in 38 countries including the United States. We
have over 25 million registered users, including more than 3 million
business accounts. Our account base is growing by an average of
28,000 accounts per day, with virtually no traditional sales or
marketing.
The size of our network and widening acceptance of our product have
helped us become the leading payment network for online auction
websites, including eBay. PayPal is also being increasingly used at
other e-commerce sites, for the sale of goods such as electronics
and household items, the sale of services such as web design and
travel, and the sale of digital content. Offline businesses,
including lawyers, contractors and physicians, have increasingly
begun to receive payments online through PayPal. PayPal's service,
which lets users send payments for free, can be used from PCs or
Web-enabled mobile phones.
PayPal was recently acquired by eBay, and is located in Mountain
View, California. PayPal is the 2002 SIIA Codie Awards winner for
"Best eCommerce Solution" and is recognized by PC Magazine as one of
"The Top 100 Web Sites."
|
|
