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Financial institutions
LivePayment platformsUnited States

PayPal

By PayPal Holdings Inc.

PayPal is a long-standing digital payment platform founded in 1998 that serves both individual consumers and businesses globally. It offers a wide range of services including peer-to-peer transfers, merchant payment processing, and small business lending solutions like fixed-term loans. The platform is designed for users who need a recognizable and trusted method to send money, shop online, or manage commercial transactions across domestic and international borders.

Last verified today
What it offers
  • Users can send money domestically for free using a linked bank account, PayPal balance, or PayPal Cash Card.
  • Verified account holders can transfer up to $60,000 per transaction, with international transfers available to over 160 countries via Xoom.
  • Business owners can accept in-person payments at a rate of 2.29% plus 9 cents per card-present transaction using PayPal POS.
  • Small businesses can access financing through PayPal Working Capital, which is repaid as a percentage of future sales with a single fixed fee.
  • U.S. travelers in China can complete payments at Weixin Pay merchants by scanning QR codes through the PayPal World platform.
Standout features
Buyer and seller protectionFastlane accelerated guest checkoutPayPal Open merchant platformOmnichannel enterprise payment solutions
Fees and rates

Free for domestic personal transfers. Peer-to-peer transfers using credit or debit cards cost 2.9% plus $0.30, while international transfers carry a 5% fee.

Background

PayPal was founded in 1998 and has since expanded its infrastructure, including a major $300 million technology overhaul initiated in July 2025.

What's new
  1. 2026-09-14New profile

    PayPal added to the directory

    PayPal is a long-standing digital payment platform founded in 1998 that serves both individual consumers and businesses globally. It offers a wide range of services including peer-to-peer transfers, merchant payment processing, and small business lending solutions like fixed-term loans. The platform

    newsroom.paypal-corp.com
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