Paypal is an online payment platform that operates on the global scale. PayPal is available in 203 global markets and allows for customers to get paid in more than 100 currencies. Founded in 1998, and seen rapid growth with the ever-increasing world of online shopping, Paypal now processes 4 billion payments a year and continues to climb. Paypal now has 173 million customer accounts using their open and secure payment transaction service platform. Paypal is a subsidiary of eBay, which also has offices within the same building in Austin. Paypal's corporate headquarters is in San Jose, California. Paypal Austin employs about 300 workers at it's 7700 W. Parmer Ln. Austin, TX 78729 building.