|Description||Internet payment service|
|Fraud Sciences, 1/2008||$169M|
|Series A, 1/1999 |
|Series B, 7/1999 |
|Venture Round, 7/1999 |
|Series C, 4/2000 |
Madison Dearborn Partners
Hikari Tsushin Group
Compass Technology Partners
Digital Century Capital
|Series D, 2/2001 |
Crédit Agricole Private Equity
PayPal is an online payments and money transfer service that allows you to send money via email, phone, text message or Skype. They offer products to both individuals and businesses alike, including online vendors, auction sites and corporate users. PayPal connects effortlessly to bank accounts and credit cards.
PayPal Mobile is one of PayPal’s newest products. It allows you to send payments by text message or by using PayPal’s mobile browser.
PayPal created the Gausebeck-Levchin test, which is an implementation of the CAPTCHA technology, the blurry box of letters and numbers used to prevent against online fraud by ensuring a human response. They created it in the early days to help prevent unauthorized access by automated systems.
When eBay acquired PayPal in October 2002, eBay already had an online payment system of choice called Billpoint. Billpoint was quickly phased out due to PayPal’s popularity, branding and technology.
PayPal demoing at FinovateSpring 2011Added: 3/17/14
PayPal demoing at FinovateEurope 2012Added: 3/17/14
PayPal Beacon is a Bluetooth Low Energy device to connect to a customer’s PayPal app when they enter a store. With one vibration or sound on your phone, you’ll know you’re checked in. And when you’re ready to make a purchase, all you have to do is say you’re paying with PayPal and the transaction is automatically completed: no cash, cards, taps, or signatures required—all hands free.
PayPal Beacon will connect consumers to enhanced shopping experiences such as automatically ordering your favorite dish at your usual lunch spot, or getting personalized service at your favorite clothing store. In addition, you can choose to accept messages from stores that you walk into, so that you can take advantage of special offers in the produce aisle.
|Launch Date||March, 2012|
PayPal Here is a payment solution for small businesses, allowing businesses to accept credit cards, checks and PayPal on iPhone, iPad, or Android devices.
PayPal Here Launch