paypal
**PayPal** is a **global digital payment platform and electronic wallet enabling online money transfers and e-commerce payments** — used by 400+ million users across 200+ countries without sharing credit cards with merchants.
**What Is PayPal?**
- **Core Function**: Digital payment system and wallet for online transfers.
- **Scale**: 400+ million users, 200+ countries, 100+ currencies.
- **Primary Uses**: E-commerce payments, invoicing, peer-to-peer transfers, subscriptions.
- **Heritage**: Pioneer in digital payments (founded 2002).
- **Security**: Fraud protection, buyer/seller protection programs.
**Why PayPal Matters**
- **Trust**: Users don't share credit card with merchants (increases conversion).
- **Global**: Operates everywhere with local payment methods.
- **Comprehensive**: Payments, invoicing, payouts, subscriptions.
- **Protection**: Buyer/seller protection, dispute resolution.
- **Integration**: Works with Shopify, WooCommerce, Stripe, major platforms.
- **Instant**: Real-time international transfers.
**Core Products**
**PayPal Wallet**: Send/receive money peer-to-peer.
**Payment Buttons**: Embed checkout on website (e-commerce).
**Invoicing**: Create, send, track invoices.
**Mass Payouts**: Pay contractors, creators, employees in bulk.
**Subscriptions**: Recurring billing for memberships.
**Developer Integration**
```javascript
// Smart Payment Button
paypal.Buttons({
createOrder: (data, actions) => {
return actions.order.create({
purchase_units: [{ amount: { value: '99.99' } }]
});
},
onApprove: (data, actions) => {
return actions.order.capture();
}
}).render('#paypal-button-container');
```
**Pricing**: Free to receive payments, 2.99% + $0.30 per transaction.
PayPal is the **trusted global payment standard** — enabling e-commerce and international transfers with buyer/seller protection.