-
Founded by Max Levchin, Peter Thiel, and Luke Nosek, the company Confinity was established
-
After merging with X.com, Confinity creates PayPal, an online payment service, as launched by Elon Musk.
-
Confinity launches a fully functional website for PayPal
-
PayPal introduces a paid, premium, service/accounts that require verification and offers the guarantee against fraud.
-
In the road to reducing fraud, Max Levchin introduces 'CAPTCHA' (Completely Automated Public Turing test to tell Computers and Humans Apart) to PayPal, making this the web's first implementation of the program, and a similar program that freezes online activity in any suspicions of fraud.
-
eBay announces that they will acquire PayPal's services ad use this as eBay's method of payment
-
eBay's acquisition of PayPal's services are made official and are finalised
-
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
-
MasterCard users will be be able to pay via PayPal on websites that enable them to pay with MasterCard.
-
PayPal upgrades fraud security with an Israeli company, Fraud Science, for $170 million.
-
Online payment company, Bill Me Later, is acquired by PayPal. This allows users to make purchases without the use of a credit card.
-
Paypal launches student accounts that parents can set up, transfer money into, and will allow teens to own a debit card.
-
PayPal enables users to create online transactions with others/peers using the company's service.
-
PayPal reaches 100 million users worldwide
-
In favour of small businesses, PayPal launches numerous forms of payment offline, online, and on mobile.
-
Paypal InStore, a new feature in PayPal's mobile app that allows users to pay with their phone using a barcode (with no NFC), is released in the UK.
-
PayPal launches prepaid gift cards in preparation for the holidays.
-
Google Play Store adds PayPal as another payment option for purchasing apps and content only.
-
PayPal renames 'Bill Me Later' to PayPal Credit
-
Xoom, an online international money transferring application, has been bought by PayPal for nearly a billion dollars.
-
PayPal relaunches app with new designs
