Paypal is a payment method synonymous with online transactions, and is one that we often take for granted due to how many years it has been around. We use it in most of our online purchases because we believe it is a safer method of banking than simply using our credit cards. And yet, we know so little about the brand other than where we can use it for, and what it does.
Contrary to popular belief, the company goes back to the late 1990s, when in its infancy, the objective of the brand was to store “encrypted information”, thus turning portable technology into digital wallets, or e-wallets as we fondly refer to them now. Funnily enough, it was around this time that Google launched, which seems ironic considering they are now competitors in the e-wallets market and that they both dominate online.