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PayPal is a worldwide online payments system that supports online money transfers. The company behind PayPal is PayPal Holdings, Inc., which was created in 1998 and since 2002 is wholly owned by eBay.
According to official company statistics currently PayPal has more than 244 million active, registered accounts in some 202 countries and territories.
PayPal allows customers to send and receive funds in 25 major currencies and its fees include a 2.9% transaction fee plus a fixed, flat fee of 0.30 USD with each transfer.
Countries and territories, where you can not pay with PayPal are few and the most notable market in that list is Turkey, where the company was refused a license in 2016. Other places where you can not pay with PayPal are the Palestine territories and Crimea, because of the sanctions imposed after the Russian invasion.
In China PayPal operates in cooperation with Baidu.
PayPal supports the following currencies – Argentinian Peso, Australian Dollar, Brazilian Real (only supported for marketplaces within Brazil), Canadian Dollar, Swiss Franc, Czech Krona, Danish Krone, Euro, British Pound, Hong Kong Dollar, Hungarian Forint, Indian Rupee (INR) (only supported for marketplaces within India), Israeli Shekel, Japanese Yen, Mexican Peso, Malaysian Ringgit, Norwegian Krone, New Zealand Dollar, Philippine Peso, Polish Zloty, Swedish Krona, Russian Ruble, Singapore Dollar, Thai Baht, Taiwan New Dollar and US Dollar.
Forex news about PayPal
Blockchain research firm Blackdata revealed some very interesting numbers. In a report, the firm claimed that the quarterly total transactions in US
The payment giant PayPal was reported to be considering entering the shares trading industry. News of this development arrived from news outlet
PayPal is updating its cryptocurrency buying, selling, and holding capabilities by allowing US customers to purchase from merchants using digital coins. The
Visa, Mastercard and PayPal will work together with Facebook for the launch of a new crypto coin, called Libra. Libra is designed
MetaQuotes, the developer of the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) forex trading platforms, said on Thursday it has added ePayments