PayPal is one of the leading online payment solution and service providers in the world. It has more than 60 million active accounts in over 160 markets and in nearly 15 currencies worldwide. The company provides several payment options through credit cards, bank accounts, buyer credits and account balances. PayPal offers credit cards and mobiles, as well as online shopping, express checkouts, recurring billing and e-mail payment services. It also provides a money market fund that offers investment options for uninvested cash balances in customer accounts. Headquartered in San Jose, Calif., PayPal was founded in 1998 and was acquired by eBay in 2002.
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