What You Need to Know about the PayPal Data Breach
PayPal was established in 1998 by Peter Thiel, Luke Nosek, and Max Levchin. The application's goal was cybersecurity for handheld devices before pivoting to a digital wallet. It merged with X.com in 2000 and was later rebranded for online payment systems. After spinning off from eBay in 2015, the platform expanded globally to democratize financial services to ensure everyone can access convenient products.