Alternative Payment Solution: PayPal
Summary
In terms of transaction value, PayPal is the second-largest alternative payments service provider globally, after Alipay. It enables digital payments and offers acceptance solutions for consumers and merchants. The company specializes in online payments, mobile and e-commerce, fund transfers, payment processing, payment security and monetization services for developers. It has expanded its capability in the payments and money transfer businesses with the acquisitions of Zong, Paydiant, CyActive, Modest, Braintree and Xoom.
The solution is accepted at 15 million merchants globally and supports all major payment networks including American Express, Visa, Mastercard, UnionPay and Discover. It supports access to money on multiple devices, including smartphones and tablets, personal computers and wearables.
It is a global company available in more than 200 countries, and is particularly active in the US, the UK, Germany, Australia and New Zealand.
Following its spinoff from eBay in July 2015, PayPal now operates as an independent publicly traded company.
- Launched in 1998 in the US, PayPal is now available in more than 200 markets
- Users can accept payments in more than 100 currencies
- In total, 74% of the largest online retailers in the US accept PayPal
- Users can withdraw funds to bank accounts in 56 currencies, and hold balances in PayPal accounts in 26 currencies
The report provides information and insights into alternative payment solution PayPal, including -
- Detailed insight into its business and geographical presence
- Comprehensive coverage of its products and services
- Comparative assessment with key alternative payment solutions
- Information on its performance, including its revenue model
- The company's important events and milestones
Scope
- This report provides a comprehensive overview of alternative payment solution PayPal, including its operations, history and geographical presence
- It provides an overview of products and services offered, and explanations on how they work
- It provides details of financial performance, including revenue models
Reasons to buy
- Gain insights into PayPal's business operations, geographical presence and key events
- Gain insights into its product portfolio and revenue model
- Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors
