PayPal Holdings Inc. is an American company that operates worldwide online payments systems.  It supports online money transfers and can be an alternative to traditional payment methods such as checks. Paypal was established in 1998, had its initial public offering in 2002 and became a subsidiary of Ebay later during the same year. As of 2019,Paypal does not support cryptocurrency payments, and according to its CEO John Rainey, it has no immediate plans of doing so. This comes mostly as a result of their volatility and purported security concerns. However, the company supports 25 traditional currencies and has 286 million active accounts.

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