Entity: PAY-PAL
PayPal is an American company that operates secure online payment methods, widely used for electronic commerce and money transfers between individuals.
PayPal
Etymology
The term 'PayPal' is a combination of 'pay' and 'pal', suggesting a friendly and convenient way to make payments.
Definition
PayPal is an American e-commerce company that specializes in online money transfers and secure payment methods, widely used for electronic commerce and individual money transfers.
Historical Context
Founded in March 2000, PayPal revolutionized online payment systems and became a leading platform for secure transactions over the Internet.
Cultural Significance
PayPal's ease of use and security features have made it a trusted platform for online purchases and money transfers, shaping the landscape of e-commerce.
Related Concepts
Other similar online payment platforms include Venmo, Square, and Stripe.
See Also
A widely-used American e-commerce company specializing in online money transfers and secure payment methods.