PayPal is a popular online payment system that allows individuals and businesses to send and receive money electronically. Founded in 1998, PayPal enables users to make payments securely without revealing their financial information to the recipient. It's widely used for online shopping, transferring funds between friends and family, and conducting business transactions. PayPal offers various services, including PayPal Payments Standard, PayPal Payments Pro, PayPal Here for in-person payments, and PayPal Checkout for merchants. It also owns other platforms like Venmo and Braintree
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