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A few of many recent press releases.
March 27, 2001
PayPal CEO Invited to White House
Founder of leading online payments service will attend high-tech forum with President Bush
March 13, 2001
PayPal Makes E-Commerce Easier with "PayPal Shops"
Directory of 5,600 PayPal-preferring merchants helps guide shoppers; Businesses to benefit from millions of unique weekly visitors.
March 6, 2001
PayPal Closes $90 Million in Equity Financing
Online payments leader cements strategic partnerships with leading financial institutions in Europe and Asia.
February 6, 2001
Providian and PayPal Forge Strategic Alliance
Providian Financial Corporation (NYSE: PVN), the fifth largest bankcard issuer in the United States, and PayPal, Inc., the pioneer of e-mail payments, today announced the signing of a partnership agreement that brings together the power of a major credit card company and the expertise of a leading Internet-based payment system to benefit consumers online and offline.
DECEMBER 13, 2000
PayPal Tops Five Million Users, $1 Billion Moved to Date
PayPal, the leading online payment service, today announced it has reached more than five million registered users and has processed more than $1 billion in payments since launching just over a year ago.
NOVEMBER 14, 2000
ING and PayPal to Bring E-Payments to Europe
In a move certain to expand international use of what has become a "killer financial app" in the United States, PayPal, the pioneer and leading provider of Internet-based payments, and ING Group, one of the largest financial services companies in the world, announced a major strategic partnership today to expand e-mail payments in Europe.
NOVEMBER 3, 2000
PayPal Will Double eBay's Anti-Fraud Insurance
In an important step for consumer protection on the Internet, PayPal, the leading payment service for online auctions, today announced that it will effectively double the anti-fraud insurance offered by leading online auction site eBay, as part of a revision to the company's Buyer Protection Policy.OCTOBER 10, 2000
ViaFone and PayPal Partner to Incorporate Leading Online Payment Service Into M-Commerce Applications
ViaFone, a leading provider of enterprise mobile solutions, and leading online payment service, PayPal today announced a partnership that allows businesses to integrate a mobile payment solution into their m-commerce applications.
OCTOBER 4, 2000
Intuit And PayPal Sign Five-Year Agreement To Deliver Internet-Based Payment Capability
E-finance leader Intuit Inc. and PayPal, the largest provider of Web-based payment services, today announced a five-year agreement which makes PayPal the exclusive provider of Internet-based payment services for selected U.S. Intuit products.
AUGUST 30, 2000
PayPal Partners for International Expansion With $30 Million in Equity Financing
Internet Payments Leader Taps Credit Agricole and Other Strategic Investors To Help Make Payments Service Available Abroad
JUNE 12, 2000
Evite, Inc., Partners With PayPal to Bring Online Person-to-Person Payments to Millions of Users
Partnership Allows Evite Members to Plan Activities and Collect and Send Payments in One Convenient Location
JUNE 12, 2000
PayPal Turns Your Mobile Phone Into A Wallet
PayPal (www.paypal.com), the world's first and largest Web-based payments network, further expanded its reach and utility today by becoming the first leading online payments provider to offer its service by mobile phone
MAY 15, 2000
PayPal Has the #1 Financial Web Site
The Email Payment Service, PayPal, Had Over 1.8 Million Unique Visitors Each Week in April, Says PC Data Online
MAY 12, 2000
E-Mail Payment Service, PayPal, Wins People's Voice Award at the Webbys 2000
PayPal, the largest email payments provider on the Web, today announced that its email payments Web site (www.paypal.com) has received the Webbys' prestigious "People's Voice Award" for best finance Web site.
APRIL 5, 2000
PayPal Surpasses One Million Customer Mark
PayPal (www.paypal.com), the largest email payments provider on the Web, today announced that it has signed up over one million customers in its first five months of business. With a growth rate of more than 10,000 new users per day, PayPal continues to extend its lead as the world's largest web-based payments network.
APRIL 5, 2000
PayPal Announces $100 Million Financing Round
PayPal (www.paypal.com), creator of the world's largest email payments network, today announced a $100 million equity financing round from Madison Dearborn Partners and other new and existing investing partners.
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March 15, 2001, Investor 's Business Daily
When Making Online Payments, PayPal Could Be A Friend
Six months ago, rivals of PayPal Inc., which enables individuals to send and receive money over the Internet, were belittling its success.March 6, 2001, CNET
PayPal Closes $90 Million in Equity Financing
PayPal, whose system lets Web users send and receive money instantly, announced the completion of $90 million in financing Tuesday.
March 2001, PC Magazine
Show Me the Money
A family's collectibles business took off once it hopped to online auctions and hooked up with the premier person-to-person payment service.
March 2001, Esquire
You've Got Money!
Services like PayPal are going to change what we mean by cash.
February 25, 2001, Omaha World-Herald Online Edition
Omaha Tech Climate Gets High Marks
PayPal Customer Service Center in Omaha is testament to area's high-tech friendliness.
February 7, 2001, MyPrimeTime
Checkmate, PayPal
Peter Thiel loves diversity. Why else would a nationally ranked chess master write a book, earn a law degree, set up a capital management firm and then found PayPal, an money transfer website that some claim, is trying to change the international monetary system?
January 16, 2001, The Industry Standard
The Check Is in the E-Mail
Worried about making credit card purchases over the Web? A batch of new companies wants you to send cash via e-mail instead. It's called the direct-payment industry – and the big banks and portals are getting in on the action.
January 8, 2001, ZDNet
PayPal
Money is fast becoming the lifeblood of the Web, yet there hasn’t been a simple way for individuals to send and receive cash online...One of the more established companies filling this void is PayPal.December 13, 2000, Time
The Best & Worst of 2000: Best Cybertech
PayPal--It's quickly getting to be the medium of choice for small-scale e-commerce.
December 4, 2000, Chicago Sun Times
U. of I grad's firm tops for e-payments
Created by former Chicago Area residents, PayPal has become the payment method of choice on internet auction sites such as eBay.
December 4, 2000, U.S. News & World Report
Best of the Web
The big payoff: PayPal offers money-market-fund yields on money that is left in its accounts.
November 21, 2000, WSJ.com
Pursuing Profits in 2001, PayPal Sharpens its Focus
Moving money to the profit side of its ledger has become the paramount objective at PayPal. Many analysts and investors support PayPal's moves.
November 20, 2000, Business Week
Why PayPal May Survive Citi's Onslaught
In the online-payments field, this dot-com underdog could hold its own against Citigroup, which plans to charge more for its service and doesn't offer fraud protection.
November 14, 2000, Reuters
ING Links with PayPal to Develop E-Payment
ING said PayPal has a lead in this technology being the first online payments company to offer its service via mobiles in the U.S.
November 13, 2000, Time
Pay It Forward
PayPal and Billpoint show how we'll pay bills in the future--online and, eventually, wirelessly.
October 30, 2000, Associated Press
PayPal Leads Digital Cash Movement
With another 140,000 users signing up each week, PayPal is leading the push to conduct more e-commerce with "digital cash."
October 5, 2000, Washington Post
E-Mail Money Gains Currency
4 million people have signed up to use PayPal, an e-mail payment system that didn't exist a year ago, yet is growing so fast that the nation's top financial institutions are scrambling to copy it.
October 4, 2000, Associated Press
Intuit, PayPal to Share Products
Intuit executives said in a statement Wednesday that the company will begin within the next few months using PayPal's Internet payment services for small-business customers and those using the company's personal finance products.
August 31, 2000, PBS: I Cringely, the Pulpit
I'll Gladly Pay You Tuesday
PayPal, which is still privately held, is going to be an incredible and enduring success.
August 29, 2000, UpsideToday
PayPal raises $30 million, plots overseas expansion
PayPal announces $30 million financing, which will be used to jumpstart overseas expansion.
August 28, 2000, Internet.com
PayPal Review
This is truly one of the easiest services to use. Setting up an e-mail account at Yahoo! takes longer.
August 24, 2000, Forbes
Forbes' Favorite
[PayPal] has been an innovator in the newly emerging e-mail payment business.
July 31, 2000, AuctionWatch.com
AuctionWatch.com Reviews
The explosion of online payment systems is transforming the way auction buyers and sellers do business, and PayPal is leading the sector with more than 2.7 million customers, five times the amount of any other online payment service.
June 29, 2000, The New York Times
Easy Payments Put Hole in the Pocketbook
PayPal makes online spending easier than it has ever been.
June 22, 2000, Time Digital
How to E-Mail Money Using PayPal.com
"...PayPal strikes me as the way to go."
June 18, 2000, CNET
CNET Recommends PayPal as Best Person-to-Person Bill Payment Site
CNET names PayPal "most reliable personal bill payment service on the Web."
JUNE 12, 2000, The Wall Street Journal
PayPal Expands E-Mail Payment Service for Cell Phones
PayPal service expands to allow customers to pay each other over the latest generation of mobile phones.
JUNE 11, 2000, CBSMarketWatch.com
PayPal Launching Service for Wireless
PayPal is set to announce the launch of its Mobile Services for members.
MAY 23, 2000, ABC News
E-Pay Firms Outpace Banks
Demand for online payments services like PayPal.com’s is being driven by auction Web sites, as well as Web users’ desire to make payments online without using credit cards or money orders.
MAY 17, 2000, CNN
E-paying your way
PayPal is cheaper, faster and easier to use than either online banking or Internet currency.
MAY 8, 2000, Financial Times
When cash will no longer count
A simple system aimed at money transfers between individuals could transform e-business.
APRIL 17, 2000, U.S. News
Settling debts online: a new tool for E-mailers
With PayPal, winning bidders use E-mail to whiz payments to him, and he instantly transfers the funds to his checking account.
APRIL 5, 2000, Upside Today
PayPal raises $100 million
Internet financial services startup PayPal has raised $100 million to further develop a service that allows people to email money to each other.
MARCH 10, 2000, National Public Radio
New Electronic Payment Methods (requires RealPlayer)
NPR's John McChesney reviews PayPal in the second half of this report.
MARCH 2, 2000, The New York Times
Will That Be Cash or Cell Phone?
PayPal.com is especially popular for paying for merchandise on eBay and other online auction sites because it eliminates the need to send checks through the mail.
FEBRUARY 18, 2000, The Economist
E-cash 2.0
After opening an account on the company’s website, people can e-mail dollars to others.
FEBRUARY 16, 2000, The Wall Street Journal
PayPal Sees Torrid Growth With Money-Sending Service
If your acquaintances are even slightly tech-savvy, it may not be long before somebody beams money into your email in-box. Don’t delete it. The money’s good.
FEBRUARY 1, 2000, USA Today
Services let consumers email cash
Person-to-person payments via the Internet are becoming more than a virtual reality.
Note: PayPal links to selected articles of interest. Please note that some articles may contain inaccuracies, which are the sole responsibility of the individual journalists.
Copyright © 2001 PayPal. All rights reserved.
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