PayPal is a leading global digital payments platform that enables individuals and businesses to send, receive, and manage money seamlessly.
PayPal Holdings, Inc. is a leading technology platform that facilitates digital payments and enhances commerce experiences for both merchants and consumers across the globe. The company aims to democratize financial services, helping to improve financial health for individuals and economic opportunities for businesses of all sizes. With a global two-sided network, PayPal serves approximately 426 million active accounts, providing diverse payment solutions ranging from online transactions to person-to-person payments. The platform allows users to manage and move money worldwide with various funding sources—like bank accounts, credit cards, and cryptocurrencies—while simplifying complexities typically associated with cross-border commerce.
PayPal generates its revenue primarily through transaction fees and other payment-related services, alongside value-added services like currency conversion and lending. It has restructured its operations to cater to consumers, small businesses, and large enterprises, offering tailored solutions that empower merchants and enhance consumer engagement through its digital wallets, credit products, and payment processing capabilities. Innovation is key to its growth strategy, focused on expanding global reach, fostering partnerships, and continuously enhancing user experiences in both digital and physical payment environments.