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Originally founded in 1998
and later acquired by eBay
Inc. in 2002,
PayPal is an Internet
service that enables
any individual with an e-mail
address
to easily and securely transfer
money and receive money using their bank or credit card information.
PayPal makes it easy for users
who need to accept money from other users for a service or product
and also makes it easy for users who do not wish to use their
credit card or don't have a credit card to use on the Internet.
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