You are on page 1of 1

In 1999, Musk co-founded a company called X.

com, which focused on


financial services and email payments. A year later, X.com merged with
Confinity and adopted the name of that revolutionary company’s best-
known service, PayPal. If Musk hadn´t sold it maybe he might not be as
rich as he is now because PayPal was eventually bought by eBay in 2002
for $1.5 billion. And Musk pocketed $165 million from that deal. 
This platform is so useful and was a cutting-edge service at the end of the
90’s. Talking about the main features of this platform, we have the
opportunity to associated different bank accounts, so if you want to use
your credit or debit card, you will can pay with them. Other feature is the
possibility to add a payment button to your web site, so if you have a web
store you easily will can add this button to accept payments through this
platform.
Well, the features that we can have with PayPal are so much. If I hadn´t
opened my PayPal account to years ago, I wouldn´t have bought the last
videogames for my PlayStation console because paying with PayPal I got
a great discount for them. If I had more bank accounts, I would probably
continue using this service, but now I don´t use it more. I prefer to buy on
Amazon or Mercado Libre because I also can use my credit card on these
sites.

You might also like