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PayPal

PayPal's services allow people to make financial transactions online by granting the ability to transfer funds electronically between individuals a...

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PayPal's services allow people to make financial transactions online by granting the ability to transfer funds electronically between individuals and businesses. Through PayPal, users can send or receive payments for online auctions on websites like eBay, purchase or sell goods and services, or donate money or receive donations. The company operates as an acquirer, performing payment processing for online vendors, auction sites and other commercial users, for which it charges a fee.