X-Nico

14 unusual facts about PayPal


9223372036854775807

An error in the PayPal payment system in July 2013 accidentally debited $92 quadrillion from the account of Chris Reynolds.

Application service provider

PayPal was an instance of this type, and their volume was one way to lower the unit cost of each transaction.

Bandit.fm

bandit.fm also provides the users with the ability to pay for content via a number of flexible methods including PayPal, giftcards/vouchers and credit cards.

BattleHack

BattleHack (or Battle Hack in the 2013 series) is a series of global hackathon contests organised by PayPal.

Christopher Becker

With Siegel and Sönke Andersen he created the viral spot "Schalenklau" for the company PayPal, which had over two million views on the Internet and was broadcast in several television shows.

Handsome Furs

The inspiration behind Face Control was a peculiar aspect of club culture they observed while on tour in Eastern Europe: if party goers wish to reserve a table at a bar in Moscow, they must pay large sums of money through PayPal or with cash, however their seat is still not guaranteed; bouncers have the authority to turn reserved patrons away from the bar based solely on appearance, which has been termed "face control".

Inteligo

Inteligo was the first in Europe to offer email money, patterned off PayPal.

Jacques Kemp

Under his leadership ING acquired major stakes in banks such as Bank Slaski, Poland, Bank of Beijing, China and PayPal.

Justine Musk

On September 13, 2008, she announced via her personal blog plans to divorce her entrepreneur husband Elon Musk, founder of PayPal and SpaceX.

Mathias Entenmann

He then became Vice President International of eBay's PayPal subsidiary in Europe and Asia, advanced to being Chief Products and Services Officer at Betfair Ltd in London before he finally joined Loyalty Partner, a vendor of Loyalty programs in June 2011 as Chief Operating Officer.

NCPEDP MphasiS Universal Design Awards

Mr. Srinivasu Chakravarthula, Senior Accessibility Program Lead, Consumer Quality & Engineering Services, PayPal

Postage meter

eBay and PayPal users can print labels with postage using eBay's online postage solution and pay using their PayPal account.

ShipWorks

It is a multi-carrier shipping software that integrates with over 40 online sales and marketplace systems including eBay, PayPal, Amazon, and Yahoo.

WsRadio

In 2008, wsRadio had over $1 million in advertising revenue, including eBay Radio and PayPal Radio.


Eric Jackson

Eric M. Jackson, president of World Ahead Publishing and former PayPal VP of marketing

Eventbrite

Prior to his position at the company, Kevin Hartz was involved with Paypal and the Co-Founder and CEO of Xoom Corporation, an international money transfer company.

Ezbob

Initially, the company provided business funding specifically for e-commerce retailers who used eBay, Amazon, PayPal, shopify, play.com, Magento, PrestaShop, ekmPowershop, ChannelGrabber and More.

Founders Fund

The firm’s five partners, Peter Thiel, Sean Parker, Ken Howery, Luke Nosek, and Brian Singerman were founders or early investors in companies such as Facebook, PayPal, Napster, and Palantir Technologies.

Jawed Karim

Many of the core components of PayPal, including its real-time anti-fraud system, were also designed and implemented by Karim.

Kabbage

In February 2013, Fast Company named Kabbage one of the Top 10 Most Innovative Companies in Finance, along with platforms like PayPal and Square.

KashFlow

The company is chaired by Lord Young (former Cable & Wireless chairman) and was the first piece of accounting software to be certified by PayPal for its integration with them.

Max Levchin

After changing the company name to Confinity, they developed a popular payment product known as PayPal.

Payments as a service

In March of 2000, PayPal was formed and is now the predominant electronic wallet in the U.S. Similar regional electronic wallet solutions are operating in different countries including WebMoney and Yandex.

Proprietary community

A new initiative to develop experimental new societies is being spearheaded by the Seasteading Institute, founded by Patri Friedman (grandson of economist Milton Friedman), and funded by PayPal founder Peter Thiel.

SENS Research Foundation

On September 16, 2006, Peter Thiel, co-founder and former CEO of the online payments system PayPal, announced that he is pledging $3.5 million to the Methuselah Foundation "to support scientific research into the alleviation and eventual reversal of the debilities caused by aging" (SENS research).

Tales of Pirates

You can only obtain points by charging your account with real money via a number of payment methods such as Paypal, Google Checkout, Wallie Card, Amazon Checkout or Western Union.

The Felix Culpa

After a long, quiet period, 2009 held the release of a digital EP called SoSo Remission. The release consisted of two re-worked songs and a previously unheard track and was offered up for free; the band also had a link to donate to their paypal if you felt so inclined; it was comparable to the model that Radiohead used for the release of their 7th album, In Rainbows.

The PayPal Wars

The PayPal Wars: Battles with eBay, the Media, the Mafia, and the Rest of Planet Earth (2004) is a book by former PayPal marketing executive Eric M. Jackson.

Thiel

Peter Thiel, American entrepreneur (investor in Facebook and PayPal)

TransferWise

TransferWise has received seed funding amounting to $1.3 million from a consortium including leading venture firms IA Ventures and Index Ventures, as well as individual investors such as PayPal co-founder Max Levchin, former Betfair CEO David Yu, and Wonga.com co-founder Errol Damelin.

Weebly

Site owners can develop simple stores with payments through either PayPal or Stripe.