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PayPal is an online payment platform that enables individuals and businesses to send and receive payments electronically. It was founded in 1998 and has since become one of the most widely used online payment systems globally. PayPal allows users to link their bank accounts, debit cards, or credit cards to their PayPal account, making it easy to make secure online transactions without having to share sensitive financial information with sellers.Users can send money to other PayPal users by entering their email address or mobile number. It is commonly used for various purposes like online shopping, sending money to friends or family, paying bills, and receiving payments for goods or services.PayPal offers buyer and seller protection programs designed to safeguard transactions and resolve disputes if any issues arise. Its user-friendly interface makes it convenient for both individuals and businesses of all sizes.In addition to its basic functionality, PayPal also offers additional features like One Touch payments (which allows users to stay logged in on supported devices), invoicing capabilities for businesses, peer-to-peer transfers through its subsidiary Venmo, international money transfers, and integration with various e-commerce platforms.PayPal operates in over 200 countries and supports more than 100 currencies. It generates revenue through transaction fees charged on the sender or receiver depending on the type of payment made.Overall, PayPal provides a secure and convenient way for individuals and businesses to send and receive funds electronically while protecting both buyers and sellers during transactions.

PayPal's main products include online payment solutions, money transfers, and merchant services.