PayPal would go public in 2001 only to be purchased by eBay in 2002.
Two years later, PayPal would purchase X.com, founded by another famous name, Elon Musk. Headquartered in San Jose, California, PayPal was founded in 1998 by Max Levchin, Peter Thiel, and Luke Nosek. Well-known as the leading digital payment platform around the world, PayPal is the place to go for any time you want to send, spend, or manage your money. If you’re thinking about using PayPal or just want to know more about how it works, this helpful guide will tell you everything you need to know about this digital payment giant. Thanks to its ease of use, strong international presence, and support for services like eBay, PayPal has grown into a behemoth. As long as two parties have an email address, you can use PayPal to exchange funds. With more than 400 million users as of 2022, PayPal is one of the best ways to send or receive payments when using online auction sites like eBay, exchanging cash with someone for performed work, or when making and receiving cash donations. For as long as many of us can remember, PayPal has been at the forefront of the digital payment experience.
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