How PayPal Became the Internet's Payment System (Patreon)

How PayPal Became the Internet's Payment System

The first 500 people to use this link will get a 2-month free trial of Skillshare. Learn how to build a YouTube channel or how to start your own company: http://skl.sh/businesscasual Support us on Patreon to get early access to our future videos: https://www.patreon.com/business_casual Join us at our subreddit and on social media: Reddit: https://reddit.com/r/businesscasual Facebook: https://www.facebook.com/business.casual.yt Twitter: https://twitter.com/BCasual_YT Google+: https://plus.google.com/+BusinessCasualJK 25th video of the Behind the Business Series. PayPal is an American company operating a worldwide online payment system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders. PayPal is one of the world's largest Internet payment system companies. Established in 1998, PayPal had its initial public offering in 2002, and became a wholly owned subsidiary of eBay later that year. In 2014, eBay announced plans to spin-off PayPal into an independent company. Today, PayPal has over 200 million users worldwide.