PayPal
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Questions and Answers

PayPal operates as a payment processor for which type of users?

  • Banks and financial institutions
  • Retail stores and shopping malls
  • Government agencies and organizations
  • Online vendors and auction sites (correct)

When did PayPal become a wholly owned subsidiary of eBay?

  • 1998
  • 2002 (correct)
  • 2015
  • 2022

What was the initial name of the company that later became PayPal?

  • MaxLevchin
  • LukeNosek
  • PeterThiel
  • Confinity (correct)

In what year did eBay spin off PayPal to its shareholders?

<p>2015 (C)</p> Signup and view all the answers

What was the valuation of PayPal when it became a wholly owned subsidiary of eBay?

<p>$1.5 billion (C)</p> Signup and view all the answers

Which company acquired PayPal and made it a wholly owned subsidiary in 2002?

<p>eBay (D)</p> Signup and view all the answers

What was the original name of the company that later became PayPal?

<p>Confinity (D)</p> Signup and view all the answers

In what year did eBay spin off PayPal to its shareholders?

<p>2015 (B)</p> Signup and view all the answers

What is PayPal's main function as a company?

<p>Processing online payments (C)</p> Signup and view all the answers

Where was PayPal ranked on the 2022 Fortune 500 list of the largest US corporations by revenue?

<p>143rd (C)</p> Signup and view all the answers

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