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Last editedMar 2022
Paypal facilitates payments through online funds transfers.
![guides > images > alt-payments > paypal](https://images.ctfassets.net/40w0m41bmydz/31pjVIEqUn4LgGvWwCCEUL/4223ce9152c1b0668b6d864256c41310/guides_images_alt-payments_paypal.jpg?w=600&h=200&fl=progressive&q=50&fm=jpg)
Payment type | E-Wallet |
Description | PayPal is a company that facilitates payments between parties through online funds transfers. PayPal allows customers to establish an account on its website, which is connected to a user's credit/debit card or bank account. |
Currency | More than 100 currencies, globally, including DKK, Euro, HUF, NOK, PLN, GBP, SEK, CHF |
Key markets | 50 countries across Europe |
Key fact | More than 200,000,000 customers have an active PayPal account, across the globe. |
Payment use case | eCommerce, One-off transactions |
Benefits | Global solution |
Considerations | Customers must have a PayPal account to make a purchase. |
Example merchants | HP, Under Armour, Crocs |
Additional facts + figures | PayPal supports more than 100 currencies, globally. |
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