PayPal provides businesses or individuals with an email address with a secure, convenient and cost-effective way to send and receive payments online. PayPal network is built on the existing financial infrastructure of bank accounts and credit cards. PayPal payment products are ideally suited for SMEs, online merchants, individuals and others currently underserved by traditional payment mechanisms.
In 2017 total assets of PayPal (Europe) S.à r.l. et Cie, S.C.A. were 9 645,00 mln EUR. In 2017 the bank's annual profit was 297,00 mln EUR. PayPal (Europe) S.à r.l. et Cie, S.C.A. had 89 employees in 2017.
PayPal (Europe) S.à r.l. et Cie, S.C.A. participates in deposit guarantee scheme of Luxembourg. This scheme covers accounts up to 100,000 EUR per bank per depositor.
PayPal (Europe) S.à r.l. et Cie, S.C.A. is headquartered in LUXEMBOURG.