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PayPal provides the world's
first instant and secure online payment service. With PayPal, individuals and
businesses can send and receive payments through the Internet. This
revolutionary new service provides a safer, faster, easier, and cheaper way to
move money in today's digital economy.
With a customer base of over 30 millions
and growing, PayPal is the world's largest
Internet-based payment network. PayPal is the #1 eFinance site on the Internet,
according to PC Data Online, and one of the fastest growing websites, according
to Media Metrix. PayPal now constitutes over 10% of all Internet traffic in the
financial services category, more than Citibank, Wells Fargo and Bank of America
combined.
PayPal is the preferred
payment service for online auctions, and for online community and group
websites. Recommended by CNET as "the most reliable personal payment service,"
PayPal is also being increasingly used at e-commerce sites. PayPal's service,
free to consumers, can be used from PCs or Web-enabled mobile phones.
PayPal is a privately held
company headquartered in Palo Alto, California. PayPal was recently named one of
the 50 Most Important Private Companies in the World by Red Herring, one
of the Top 25 New Companies by Fortune Small Business, and a Forbes
Favorite Website in the magazine's latest "Best of the Web" issue
PayPal
uses SSL technology to keep your information safe. In addition, when you send a
payment using PayPal, the recipient won't receive sensitive financial
information like your credit card or bank account number. This way, you don't
have to worry about paying people you don't know.
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