PayPal Holdings, Inc. (NASDAQ: PYPL)
American worldwide online payments system company.
It supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders.
It operates as a payment processor for online vendors, auction sites, and many other commercial users.
Founded in 1998 as Confinity that developed security software for handheld devices. In 2000, Confinity merged with X.com, an online banking company. In 2002. it became a wholly owned subsidiary of eBay. In 2015, eBay spun off PayPal to eBay's shareholders.
S&P 100 Component, S&P 500 Component, NASDAQ-100 component.
Industry : Financial services.
Headquarters: San Jose, California, United States.