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Peter Thiel et al established Confinity, a company that developed security software for handheld devices.
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Confinity launches a fully functional website for PayPal
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eBay launched its own payment service Billpoint to compete with PayPal
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Confinity and X.com merge. The combined entity, initially called X.com, later changes its name to PayPal
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PayPal started to lose US$1 million per week
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Develop accounts for business users
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PayPal has its initial public offering. The valuation of the company is about $800 million.
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eBay acquired PayPal in July 2002 for 1.5 billion.
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PayPal launched merchant services to provide payment solutions to small and large e-commerce merchants
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PayPal further increases their security through their acquisition of VeriSign's payment gateway which entails a two-factor authentication before logging on to a system
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Google announced that they will begin to facilitate payments on Google Base and launched their own payment service
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Launched PayPal Mobile, which allowed users to make payments using text messaging on their cell phones
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PayPal acquires Fraud Sciences, a privately held Israeli start-up company with expertise in online risk tools, for $169 million, in order to enhance PayPal's proprietary fraud management systems.
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PayPal acquires Bill Me Later, an online payments company offering transaction credit at over 9000 online merchants in the US.
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PayPal unveiled micropayments for digital goods, with Facebook as its first customer
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PayPal reaches 100 million users.
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PayPal closed its money market fund due to its low attractiveness to customers
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PayPal launched PayPal Here, its new global payment platform for small and medium-sized businesses, with a swipe-free option for customers.
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Braintree, a payments company, purchased Venmo, a start-up on P2P payment, to challenge PayPal
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PayPal acquires payments gateway company Braintree for $800 million USD in cash
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The Google Play Store adds PayPal as a payment option, despite it being a direct competitor to Google Wallet. However, PayPal can only be used to buy apps and digital content, not devices and accessories.
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PayPal enables Bitcoin transactions for merchants selling digital goods, claiming that it would earn transaction revenue through referral fees. Bitcoin's price rises rapidly in response to the announcement.
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PayPal has officially spun off from its parent company eBay. PayPal was trading around $38.63, valuing PayPal at $47 billion.
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PayPal had joined the Fortune 500 for the first time
