PayPal

Website: www.paypal.com
Blog: www.thepaypalblog.com
HQ Location: San Jose, CA
Company Founded: 1998
Product Being Demoed: Instant Account Creation
Product Launched: November 2011
Metrics: PayPal’s 2010 annual revenue was $3.4 billion, up 23 percent year over year.

PayPal’s international business accounted for 47 percent of revenue in 2010.
PayPal’s net Total Payment Volume for 2010, the total value of transactions, was nearly $92 billion, up 28 percent year over year.
PayPal’s Total Payment Volume in 2010 represented nearly 18 percent of global e-commerce (Forrester 2010).
Cross-border trade now accounts for approximately 25 percent of PayPal’s Total Payment Volume.
Merchant Services processed $56 billion in Total Payment Volume in 2010, up 42 percent year over year.

Presenter Profile How they describe themselves: PayPal is the faster, safer way to pay and get paid online. The service allows people to send money without sharing financial information, with the flexibility to pay using their account balances, bank accounts, credit cards, or promotional financing. With 103 million active accounts in 190 markets and 25 currencies around the world, PayPal enables global commerce. PayPal is an eBay (Nasdaq:EBAY) company. PayPal is headquartered in San Jose, Calif. and its international headquarters is located in Singapore. More information about the company can be found at www.paypal.com.

How they describe their product/innovation: You can open a PayPal account in 30 seconds from the secure environment of la Caixa’s home banking. We use our combined APIs to leverage the verified customer information that la Caixa has from its clients to speed customers through the PayPal account creation flow. All you need to do is choose your email address and decide on a password and with a couple of clicks, you can have your PayPal account up and running with a verified card linked to it.

Key Customers: 103 million Active Customers

Contacts:
Bus. Dev.: Estanis Martin de Nicolas, General Manager, PayPal Spain & Portugal, estanis@paypal.com
Press: Paco Moreno, Content Manager & PR, PayPal Spain & Portugal, pmoreno@paypal.com
Sales: Susana Voces, Head of Merchant Services, PayPal Spain & Portugal, svoces@paypal.com

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