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PayPal

   Also found in: Wikipedia 0.01 sec.

A Web payment processing service founded in 1998 and acquired by eBay in late 2002. Operating as an independent brand, PayPal, San Jose, CA (www.paypal.com) is used to shop at PayPal-enabled retail sites as well as to send or request money from anyone with an e-mail address. Both personal and business services are offered, and it is widely used as a payment system for online auctions. PayPal offers a complete shopping cart service that can be added to a Web site and enables merchants of all sizes to accept credit cards.

A Huge Success
In 2002, the company went international, allowing its customers to accept payments in euros and pounds. By 2005, PayPal was available to users in 45 countries and had more than 50 million account members worldwide.
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? Mentioned in ? References in periodicals archive
 
Radley Balko's article on PayPal ("Who Killed PayPal?
Who Killed PayPal? by Balko, Radley / Reason
New, Simpler Protections for eBay Buyers - Pay with PayPal and You're Covered
PayPal Doubles Buyer Protection on eBay by Business Wire
The PayPal Wars: Battles With eBay, the Media, the Mafia, and the Rest of Planet Earth, by Eric M.
Who killed PayPal? "Consumer advocates" can make life miserable for ... by Balko, Radley / Reason
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