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PayPal: The Best-Selling Online Payment Portal

Everyone who is aware of latest and disruptive technologies and startups knows about PayPal. It was founded in the year 1998 by Elon Musk and various other key people. Now, the PayPal is renowned world’s largest online payment portal.

Initially there were struggle running down the startup but during the years 2000 and 2002, PayPal grew into big company and entered into NASDAQ with $13 per share. After that, the online payment company merged with eBay for $1.5 billion so that it could be only payment gateway for eBay users.

PayPal is now accessible in 203 markets and with various currencies option. With PayPal one can hold balance, deposit and withdraw their funds securely.  The platform is very reliable, secured and less time consuming and hence it is trusted by huge user data base. The prominent success of PayPal has inspired many other start-ups. In India Paytm is one of such platform. If you wish to know more about PayPal and its story, here is Infographic stating about its success story.

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Startup-buzz Team is a collaborative group of entrepreneurs, researchers, writers and experienced professionals. Tied up together to bring the latest Startup Buzz going around the globe.

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