• Tech
• Gadgets
• Mobile
• Enterprise
• CrunchBase
• More
  • Beta Invites
  • Elevator Pitches
  • Gillmor Gang
  • Podcasts
  • TechCrunch50
  • TechCrunch UK
  • TechCrunch France
  • TechCrunch Japan

PayPal

edit

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 that blurry box of letters and numbers you have to fill out before completing most online transactions. 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’s main competitor is Google Checkout. PayPal Mobile competitors include obopay, TextPayMe and KushCash.

Milestones

edit

• Jared Franklin, Product Manager added. (6/09)
  Posted 10/31/09 at 9:40am
• Invested in mFoundry. (10/24/07)
  Posted 1/7/09 at 8:03am
• Acquired by eBay for $1.5B. (7/8/02)
  Posted 8/1/07 at 1:58am
• Received $90M in Series D funding. (2/1/01)
  Posted 8/1/07 at 2:21am
• Received $100M in Series C funding. (4/1/00)
  Posted 8/1/07 at 2:20am
• Received $4M in Series B funding. (7/99)
  Posted 5/13/08 at 12:13am
• Received in Series A funding. (1/99)
  Posted 5/13/08 at 12:13am
• Max Levchin, Founder added.
  Posted 2/25/08 at 12:50pm
• Cynthia Maller, Creative Director added.
  Posted 6/18/08 at 11:22am
• Russel Simmons, Software Architect added.
  Posted 5/28/08 at 1:37pm
• Shaikh Naseer, Director added.
  Posted 5/25/08 at 9:57pm
• Alex Kazim, VP Marketing added.
  Posted 5/22/08 at 12:42pm
• Michael Moritz, Board Member added.
  Posted 5/19/08 at 12:42pm
• Renata Dionello, Consumer Business Development added.
  Posted 7/30/09 at 1:40pm
• Dave McClure, Director of Marketing added.
  Posted 3/13/08 at 9:16am
• Dana Stalder, Chief Technology Officer added.
  Posted 8/5/08 at 6:53am
• Scott Thompson, President added.
  Posted 8/1/07 at 1:45am
• Dana Stalder, Senior Vice President of Product & Marketing added.
  Posted 8/1/07 at 1:44am
• John Muller, VP of Legal, General Counsel added.
  Posted 8/1/07 at 1:43am
• Mary Hentges, VP of Finance added.
  Posted 8/1/07 at 1:42am
• Salvatore Giambanco, VP of Human Resources and Administratio added.
  Posted 8/1/07 at 1:41am
• Ryan Dawson, Senior VP, Worldwide Operations added.
  Posted 8/1/07 at 1:41am
• Jerrell Jimerson, VP Consumer Services added.
  Posted 9/8/09 at 1:28pm
• David Sacks, COO added.
  Posted 9/3/08 at 8:33pm
• Lee Hower, Director, Financial Services added.
  Posted 9/10/08 at 9:29am
• Kimbal Musk, Investor added.
  Posted 6/1/09 at 3:20pm
• Osama Bedier, VP, Product Development added.
  Posted 6/14/09 at 3:55pm
• Scott Banister, Board of Directors added.
  Posted 5/13/08 at 12:17am

Videos

Screenshots

edit

Products

edit

PayPal Mobile

edit

Get an invitation to this site from InviteShare here!

Website	https://www.paypal.com/cgi-bin/w...
Blog	https://www.syntecworld.jenwaygm...
Stage	Live
Launch Date	July 10, 2009
Tags	money-management

PayPal Mobile is a product that allows you to send PayPal payments using your mobile. You can send payments by either texting the dollar amount and recipient’s phone number to PayPal or by using PayPal’s mobile browser.

There are no additional fees for using PayPal Mobile outside of the normal money receiving fees that apply to Business and Premium accounts. Also, your mobile carrier’s text message charges will apply.

It’s a great answer to when you and all your friends showing up to a restaurant wielding only credit cards, no cash. MobileCrunch had the launch scoop here.

Above: PayPal Mobile Screenshot -- #1
Uploaded: 2/5/08

Traffic Analytics

Quantcast

Compete

Sources

1. eBay picks up PayPal for $1.5 billion (news.cnet.com) [edit]
2. MFoundry, mobile financial services company, raises $15M more (venturebeat.com) [edit]
3. Citation Needed [add]
4. Wired (wired.com) [edit]
5. news.com.com [edit]
6. news.com.com [edit]