PayPal Holdings, Inc. is an American company. It operates a global online payments system that supports online money transfers. It serves as an electronic substitute for traditional paper systems like cheque and money orders. The company work as a payment processor for online vendors, auction sites, and other commercial users. For these services, it charges a small amount in a swap for payback such as one-click dealings and password recall.
Dial PayPal Customer Service Phone Number if you are facing issues with PayPal account, transaction, PayPal credit, and PayPal login problems.
PayPal was actually established with a name Confinity in the year 1998. But in 2002, it had its initial public offering and became an entirely possessed subsidiary of eBay later that year. eBay declared plans to spin off PayPal into a free company in 2014 and finally by July 18, 2015, the thing was done.
It was stated on September 30, 2014, that eBay would spin off PayPal into a separate publicly traded company, a move demanded in 2013 by activist hedge fund magnate Carl Icahn. The spin-off was completed on July 18, 2015. Dan Schulman is the current President and CEO, with former eBay CEO John Donahoe serving as chairman. On Jan 31, 2018, eBay announced that “After the existing eBay-PayPal agreement ends in 2020, PayPal will remain a payment option for shoppers on eBay, but it won’t be outstandingly featured ahead of debit and credit card options as it is today. PayPal will stop to process card payments for eBay at that time.”
As of 2018, PayPal runs in 202 markets and has 244 million active, registered accounts. PayPal allows customers to send, receive, and hold funds in almost 25 currencies globally. Now, if you deal with any PayPal account issue, you are always welcomed by their experts at PayPal Customer Service Phone Number to call and ask for help.