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Paypal Australia Exploration
PayPal Australia is a US based, online payment system. It is owned and operated by Ebay
Incorporation. The company is headquartered in San Jose, California, United States. The digital payment system has more than 152 million active accounts including 5.5 million in Australia. It deals in more than 100 currencies and has operations in more than 203 markets. Daily, Paypal
processes approximately 9.3 million payments throughout the world. The payment system is best known for money transfer without sharing account information. It supports various payment methods such as bank account, Credit Card
and Paypal account balance.
Services of PayPal Australia
Paypal has approximately 100,000 business partners in Australia including both retail and non-retail merchants. Its partners include electronics, homewares, travel, flowers, education, bill payments and many others. Approximately 25% operation of PayPal Australia is carried out through mobile devices.
The history of Paypal was started in 1998, when Confinity was formed. Confinity had started a money transfer system under the name of Paypal in 1999. The Company was acquired by X.com in March, 2000 and further acquired by eBay Inc. in February 2002. Paypal had entered into the Australian market in 2005. The Company had approximately $6.6 billion of Revenue
and handled transaction of $180 billion in the financial year of 2013. It was the 41% of total revenue of its parent company, eBay Incorporation.
Paypal Australia Customer Service Hours
Monday through Friday: 6:00 AM to 10:00 PM AEST
Saturday and Sunday: 8:00 AM to 7:00 PM AEST