SEND AND RECEIVE PAYMENTS ONLINE TODAY FOR FREE
PayPal Holdings, Inc. is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders. PayPal is one of the world's largest Internet payment companies. The company operates as a payment processor for online vendors, auction sites and other commercial users, for which it charges a fee. Established in 1998, PayPal had its initial public offering in 2002, and became a wholly owned subsidiary of eBay later that year. PayPal allows any business or individual with an email address to securely, conveniently and cost-effectively send and receive payments online.