07.04.08

Paypal is 10 years old

Posted in E-commerce, Payment Gateway at 10:23 am by adrianoh

10 years in internet is a very very long time. Paypal has come a long way - setup 10 years ago as a personal finance beaming tool, now has become a world giant in online payment processing.

Just imagine, 9% of world online payment and 12% of US online payment are processed using Paypal. PayPal today has 7,000 employees around the world. It posted revenue of $582 million in the first quarter of 2008, up 32 percent from last year.

Checkout a history recap of Paypal and who’s behind the enormous success story.

http://www.paypal-10.com/

Don’t miss this interesting report on Internet Attitude, it might give you a glimpse on where the next huge growth engine lies (where else? internet of coz)

Download Paypal Internet Attitude Report

See our other Paypal Posts
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