PayPal is a global leader in digital payments, providing a seamless and secure platform for online monetary transactions. Founded in 1998 and headquartered in San Jose, California, the company has revolutionized the way individuals and businesses send and receive payments. The company offers its services across 200 markets globally, empowering more than 325 million active account holders to transact in multiple currencies. PayPal's technology platform allows consumers and merchants to connect and transact conveniently, whether it be on a computer, mobile device, or in an app. The platform supports a wide range of payment options, including credit cards, bank accounts, PayPal Smart Connect or account balances.
The uniqueness of PayPal lies in its commitment towards democratizing financial services. The company believes that managing and moving money should be a right for all citizens, not just the affluent. Hence, the company strives to make financial services accessible to all, thereby promoting financial inclusion.
Moreover, PayPal is committed to risk management. Through its advanced risk capabilities and complex algorithms, the company detects fraud and helps protect its customers. The company also places a high priority on customer support, with resources available around the clock to assist with any issues or questions.