Creating excitement in New York City
PayPal Inc. is an American company operating a worldwide online payments system. Established in 1998, it is the largest internet payment company in the world.
PayPal became part of eBay in 2002 and in 2014 it moved $228 billion in 26 currencies across more than 190 nations, generating total revenue of $7.9 billion (44% of eBay’s total profits). The same year, eBay announced plans to spin-off PayPal into an independent company the following year.
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