DIGITAL payment platforms are threatening cash’s reign as king with secure services and contactless convenience. PayPal, founded in 1998, is one of the industry’s most iconic players, with 305m account holders across 200 worldwide markets and 100 currencies. Braintree, Venmo, Xoom, Simility, iZettle, Hyperwallet and Honey form part of the PayPal platform, giving clients multi-channel access to the global economy. Robust security features and expansive merchant partnerships encourage users to make connections and transactions. PayPal was one of the first fintech companies approved to process stimulus funds promised to US taxpayers and SMEs. The BV judging panel recognises industry innovator and market leader PayPal with the 2020 award for Best Digital Payment Platform (US).
