How Much Do You Know About Paypal?

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AdewumiKoju

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Quizzes Created: 951 | Total Attempts: 894,632

Questions: 10 | Attempts: 349 | Updated: Mar 20, 2023

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How Much Do You Know About Paypal? - Quiz

PayPal is a popular American company known for easy and fast transactions. As a versatile money transfer platform, PayPal is available to a number of users in supported countries. With the correct provision of account information on the website, users can easily complete all pending transactions in a breeze! Are you familiar with PayPal?

Questions and Answers

1.

When did PayPal become an independent company?
- A.
  
  April 2002
- B.
  
  March 2010
- C.
  
  July 2015
- D.
  
  June 1999
Correct Answer
C. July 2015

Explanation
PayPal became an independent company in July 2015. This means that prior to that date, PayPal was likely part of another company or organization. The exact details of the transition from being a subsidiary or division of another company to becoming independent are not provided in the question, but it can be inferred that July 2015 marks the point at which PayPal began operating as a separate entity.

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2.

Which of these persons funded PayPal in 1999?
- A.
  
  Marcus Dufresne
- B.
  
  John Malloy
- C.
  
  Martin Rudolf
- D.
  
  Philip Edwards
Correct Answer
B. John Malloy

Explanation
John Malloy funded PayPal in 1999.

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3.

When was Confinity merged with X.com?
- A.
  
  September 2002
- B.
  
  May 2013
- C.
  
  March 2000
- D.
  
  June 1999
Correct Answer
C. March 2000

Explanation
Confinity was merged with X.com in March 2000.

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4.

When did PayPal acquire Fraud Sciences?
- A.
  
  May 2007
- B.
  
  June 2009
- C.
  
  January 2008
- D.
  
  May 2010
Correct Answer
C. January 2008

Explanation
PayPal acquired Fraud Sciences in January 2008.

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5.

When did David Marcus quit his role as PayPal president?
- A.
  
  June 2014
- B.
  
  May 2013
- C.
  
  September 2001
- D.
  
  March 2002
Correct Answer
A. June 2014

Explanation
David Marcus quit his role as PayPal president in June 2014.

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6.

How much did PayPal earn in 2017?
- A.
  
  $1.795 billion
- B.
  
  $1.781 billion
- C.
  
  $1.897 billion
- D.
  
  $2.658 billion
Correct Answer
A. $1.795 billion

Explanation
PayPal earned $1.795 billion in 2017.

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7.

Where is the company's operation center located?
- A.
  
  Ankara
- B.
  
  Nebraska
- C.
  
  New York
- D.
  
  Nairobi
Correct Answer
B. Nebraska

Explanation
The correct answer is Nebraska.

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8.

How many currencies are supported by PayPal as of 2018?
- A.
  
  21 currencies
- B.
  
  28 currencies
- C.
  
  87 currencies
- D.
  
  24 currencies
Correct Answer
D. 24 currencies

Explanation
As of 2018, PayPal supports 24 currencies.

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9.

When did the partnership with Baidu start?
- A.
  
  May 2018
- B.
  
  September 2016
- C.
  
  July 2017
- D.
  
  June 2013
Correct Answer
C. July 2017

Explanation
The partnership with Baidu started in July 2017.

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10.

Which of these marketing strategies was not used by PayPal in 2018?
- A.
  
  Facebook Ads
- B.
  
  TV advertisement
- C.
  
  Google AdWords
- D.
  
  Display advertisement
Correct Answer
C. Google AdWords

Explanation
PayPal did not use Google AdWords as a marketing strategy in 2018. Google AdWords is a platform that allows businesses to display their ads on Google's search engine results pages. While PayPal may have used other online advertising methods such as Facebook Ads and Display advertisement, they did not utilize Google AdWords during that particular year.

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