4. FEES
1. Always free for 1. 2.9% + $0.30 1. Free internationally!
purchases made in 2. (Smaller costs for (From US to
the USA nonprofit international)
companies) 2. 2.9% + $0.30 from
international to
international or
international to USA
6. REVIEWS
1. Most well-known online 1. Not an FDIC
money-transfer and member
trusted names in online 2. Not insured by
banking the government
Editor's Notes
PayPal is a global e-commerce business allowing payments and money transfers through the internet. Is was founded in Palo Alto, CA in June of 1998 and now their HQ is located in San Jose, CA. The PayPal we know now is the result of a March 2000 merger of Confinity and X.com. In October 2002, eBay acquired PayPal for $1.5 billion and now PayPal is considered a subsidiary of eBay.