PayPal – one of the world’s biggest online payment companies in the world, has played a major role in revolutionizing how we do online shopping and transfer money around the world. The success story of PayPal has inspired many small businesses, startups, and aspiring entrepreneurs.
But, what do you think – Why PayPal has been so successful throughout the world?
The answer is ease of money transfer and safety and reliability of the platform. The success of the company is not a stroke of luck but the hard work of its visionaries, leaders, and makers.
With more than 80% market share, every industry, be it shopping, vehicles, business or healthcare are using PayPal. Established in 1998 by Ken Howery, Luke Nosek, Max Levchin, Peter Thiel and Elon Musk (Tesla and SpaceX founder) with the objective of money transfer, is now recognized as a world’s largest payment processor.
This infographic from Play-N-Pay clearly shows everything you need to know about PayPal, it’s current success, brief history, demographics and what was accomplished to get it there.
Infographic: The Success Story of The Biggest Online Payment System – PayPal, Credit: Play-N-Pay