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Founded in 1998, PayPal, an eBay Company, enables any individual or
business with an email address to securely, easily and quickly send
and receive payments online. PayPal's service builds on the existing
financial infrastructure of bank accounts and credit cards and
utilizes the world's most advanced proprietary fraud prevention
systems to create a safe, global, real-time payment solution.
PayPal has quickly become a global leader in online payment
solutions with 71 million account members worldwide. Available in 56
countries around the world, buyers and sellers on eBay, online
retailers, online businesses, as well as traditional offline
businesses are transacting with PayPal.
PayPal has received close to 20 awards for technical excellence from
the internet industry and the business community at large -most
recently the 2003 Webby Award for Best Finance Site and the 2003
Webby People's Voice Award for Best Finance Site.
Located in San Jose, California, PayPal was acquired by eBay Inc. in
October, 2002.
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