PayPal brought a good substitute to customary money orders and checks. Being a worldwide online compensation company, it works as a processor for payment to its online customers, vendors, public sale sites and profitable users at a small fee. PayPal holdings Inc. was established in mid of the year 1998 and its initial public offer was made in the year 2002. Later in the year, it became financial assistance of eBay.
“In the year 2014, eBay arranges plans to make PayPal a sovereign company. It was a procedure that was completed towards the end of the year 2015.”