PayPal, an eBay Company, enables any individual or business with an email address to securely, easily and quickly send and receive payments online. The company s service builds on the existing financial infrastructure of bank accounts and credit cards and utilizes advanced proprietary fraud prevention systems to create a safe, global, real-time payment solution. Its clients include eBay sellers, online retailers, online business and tradition offline businesses. PayPal maintains more than 70 million account members worldwide and is available in more than 55 countries throughout the world. Founded in 1998, PayPal has headquarters in San Jose, Calif. It was acquired by eBay in October 2002.
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