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PayPal

PayPal is an American online payments and money transfer company headquartered in San Jose, California.

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PayPal is an American online payments company founded in 1998 by a group that included Peter Thiel and Max Levchin. Based in San Jose, California, it runs a payment service that lets individuals and merchants send and receive money online through their accounts.

eBay acquired PayPal in 2002, and the company was spun off as an independent public company in 2015. It also operates the peer-to-peer payment app Venmo.

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