Founded in 1998, PayPal is an eBay Company. It enables any individual with an email address to securely, easily and quickly send and receive payments online.
PayPal's service builds on the existing financial infrastructure of bank accounts and credit cards and uses the world's most advanced proprietary fraud prevention systems to create a safe, global, real-time payment solution.
PayPal automatically encrypts your confidential information in transit from your computer to PayPals using the Secure Sockets Layer protocol (SSL) with an encryption key length of 128-bits (the highest level commercially available). Before you even register or log into the PayPal site, the PayPal server checks that you're using an approved browser - one that uses SSL 3.0 or higher.
Once your information reaches PayPal, it resides on a server that is heavily guarded both physically and electronically. The PayPal servers sit behind an electronic firewall and are not directly connected to the Internet, so your private information is available only to authorised computers.
PayPal has quickly become a global leader in online payment solutions with 71 million account members worldwide. Available in 56 countries around the world, buyers and sellers on eBay, online retailers, online businesses, as well as traditional offline businesses are transacting with PayPal.
PayPal has received almost 20 awards for technical excellence from the Internet industry and the business community at large - most recently the 2003 Webby Award for Best Finance Site and the 2003 Webby People's Voice Award for Best Finance Site.
The security of your information, transactions, and money is the core of our business and top priority at PayPal.