Here are some basic Paypal related facts, numbers and trivia that will help you get a clearer picture of this powerful online service.

1. Paypal was founded in 1998.
    
2. It's the number one electronic payment processor and money transfer service worldwide for years.
   Its online competitors are far behind.
    
3. The brand is the result of a merger between 2 different companies, Confinity and X.com, which took place in 2000.
    
4. Paypal supports 19 different currencies and available in 190 countries and territories
   around the world.
    
5. Paypal's global headquarters are located in San Jose, CA, in the United States.
    
6. The president of PayPal is Mr. Scott Thompson.
    
7. Paypal's website has won the Webware and Webby awards.
    
8. It has 17 localized sites.
    
9. It is owned by shopping giant eBay.com, since 2002.
    
10. In the U.S., Paypal is the 2nd most preferred online payment method, right after Visa.
    In the UK, Paypal is the most popular internet payment method.
     
11. The paypal.com site is among the 1,000 most visited sites, according to the
    Alexa.com web information company.
     
12. Paypal has now more than 150 million user accounts all over the world.
     
13. Paypal has severe restrictions on account owners and forbids them to sell or buy
    products, services or content associated with hate, violence, gambling, tobacco
    products, drugs and obscene material.
     
14. According to the results of Paypal's 2008 Holiday Survey, conducted by market research company Ipsos, a third of internet shoppers use Paypal for their online purchases.