Paypal

Paypal

Community score

+0.74 -55
Industry: Consumer Finance
Listing country: United States
Year added: 2018

Founded in 1998 and headquartered in San Jose, California, the company primarily known as PayPal specializes in a variety of business categories and segments, focusing on delivering online payment solutions to a global market. These solutions encompass digital wallets, merchant services, consumer and merchant payment processing, as well as peer-to-peer money transfers. In addition, they provide cryptocurrency services, keeping pace with the evolving digital currency landscape. As a leading brand in the financial technology sector, PayPal extends its reach through various subsidiaries, each targeting specific market needs. Venmo is widely recognized for its mobile payment service, allowing easy social financial interactions among users. Braintree offers robust mobile and web payment systems tailored for e-commerce companies, facilitating seamless transactions for online shopping. Xoom Corporation stands out as a service for international money transfers, enabling users to send funds across borders. Another brand, iZettle, caters to mobile payment requirements, delivering point-of-sale systems and payment solutions suitable for diverse business environments. PayPal's prominence is not restrained by geography; its operations extend worldwide, with significant markets dotted across the United States, Canada, the United Kingdom, Germany, and Australia. Additionally, the company is well entrenched in various other locales throughout Europe, Asia, and Latin America, reflecting its comprehensive global footprint and influence in international finance and online payments. (Powered by AI)

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Paypal

Women are frequently treated differently in the workplace through wage discrimination and other barriers1. The ILO considers a gender-balanced workplace to have 40%-60% of either gender in both the general workforce and leading positions2;pxii. Eq...

Paul A. February 20th, 2024
46 ratings
Paypal

In order to ensure strong institutions and the well-being of society, governments spend a considerable amount of the state's budget on public goods and services, which are funded through taxes paid by individuals and corporations1. Corporate taxes...

Alexander A. November 13th, 2023
16 ratings
Paypal

Racial discrimination negatively affects people's socioeconomic status and self-esteem1. A diverse workforce promotes a richer learning experience and team unity2. In 2022, the U.S.'s financial activities industry employed 32% ethnic minorities, i...

Emmanuel J. October 23rd, 2023
40 ratings
Paypal

In 2022 3.3 billion people were employed globally1. Job creation assists society in many ways, such as eliminating poverty and bringing economic stability, eventually leading to new taxpayers2. It also gives opportunities for personal growth and p...

Paul A. September 27th, 2023
18 ratings
Paypal

Electronic payment is a non-cash payment that's processed with cards online1. It is seamless and it saves customers a lot of processing time and costs1. There are over 14 billion (Bn) payment cards worldwide2. Credit cards remain one of the most f...

Elijah D. September 14th, 2023
26 ratings
Paypal

Greenhouse gases (GHGs) trap the Sun's heat and cause a rise in temperature and sea level, extreme weather conditions, and climate change1. Globally, 50 billion (Bn) tonnes (t) of CO2e are emitted every year2. Global temperature has risen by about...

SC_Neriah S. May 18th, 2023
46 ratings
Paypal

Expanding access to financial services is a key element in fighting poverty1;p37. People with limited income could see significant improvement in their lives if they had more access to digital financial services1;p7. Access to digital payments can...

Susmita S. October 6th, 2023
72 ratings
Paypal

Data privacy is critical for customers as when the consumer information is exploited or improperly safeguarded, it can lead to identity theft, financial fraud, psychological headache for customers2. In the fintech sector, data protection and consu...

Aarav N. February 22nd, 2022
26 ratings
Paypal

Society benefits from the higher systemic efficiency of ubiquitous payment solutions as a whole1. This system improves consumer accessibility, add flexibility to their choices and introduce globally interoperable standards in any country/territory...

Umer Farooq L. November 25th, 2021
26 ratings
Paypal

According to the UN, money laundering practices incur an annual cost of 2 - 5% of the global GDP (USD 1.6 - 4.0 Tn)1. Criminals and crime organizations turn towards money laundering to sustain their activities, which has a potentially disastrous e...

Surbhi S. July 22nd, 2021
38 ratings

Most negative / positive SDG

+3.52
-3.03