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A Note about Paypal

PayPal provides the world's first instant and secure online payment service.

With PayPal, individuals and businesses can send and receive payments

through the Internet. This revolutionary new service provides a safer, faster,

easier, and cheaper way to move money in today's digital economy.


With a customer base of more than 10 million and continuing to grow

rapidly, PayPal is the world's largest Internet-based payment network.

PayPal is the #1 eFinance site on the Internet, according to PC Data Online,

and one of the fastest growing websites, according to Media Metrix. PayPal

now constitutes over 10% of all Internet traffic in the financial services

category, more than Citibank, Wells Fargo and Bank of America combined.


PayPal is the preferred payment service for online auctions, and for online

community and group websites. Recommended by CNET as "the most

reliable personal payment service," PayPal is also being increasingly used at

e-commerce sites. PayPal's service, free to consumers, can be used from

PCs or Web-enabled mobile phones.


PayPal is a privately held company headquartered in Palo Alto, California.

PayPal was recently named one of the 50 Most Important Private Companies

in the World by Red Herring, one of the Top 25 New Companies by Fortune

Small Business, and a Forbes Favorite Website in the magazine's latest

"Best of the Web" issue.

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