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PayPal (view source)

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===International Expansion===
 
===International Expansion===
 
In 2004, PayPal was introduced as payment option for eBay consumers in United Kingdom. In 2005, PayPal opened its first office in China and introduced its website under the simplified Chinese Name BeiBao 贝宝在中国推出。. By 2006, the company had expanded in 103 markets and started accepting payments in different currencies. By 2007, PayPal introduced the VISA debit or credit card as a new method to withdraw money for users in 23 countries. PayPal users in the Philippines, Indonesia and India are able to withdraw their money through their local bank account. Sinn 2008, the company has been operating different sites in Asia using 8 different languages. At present, PayPal has 153 million accounts within 173 countries and accepting transactions in 24 currencies around the world.<ref>[http://www.paypal-apac.com/sg/about-paypal/history-of-paypal.aspx PayPal History]</ref>
 
In 2004, PayPal was introduced as payment option for eBay consumers in United Kingdom. In 2005, PayPal opened its first office in China and introduced its website under the simplified Chinese Name BeiBao 贝宝在中国推出。. By 2006, the company had expanded in 103 markets and started accepting payments in different currencies. By 2007, PayPal introduced the VISA debit or credit card as a new method to withdraw money for users in 23 countries. PayPal users in the Philippines, Indonesia and India are able to withdraw their money through their local bank account. Sinn 2008, the company has been operating different sites in Asia using 8 different languages. At present, PayPal has 153 million accounts within 173 countries and accepting transactions in 24 currencies around the world.<ref>[http://www.paypal-apac.com/sg/about-paypal/history-of-paypal.aspx PayPal History]</ref>
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==ICANN Involvement==
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[[Bill Smith]], PayPal's technology evangelist, serves as the company's advocate and representative to [[ICANN]] and is particularly involved in issues related to the  reliability, security and stability of the Internet. He is also a member of the Security, Stability and Resiliency of the DNS Review Team (SSR RT) and the [[Whois]] Policy Review Team in the [[Generic Names Supporting Organization|GNSO]].<ref>[http://gnso.icann.org/aoc-reviews/dns-ssr-en.htm Security, Stability and Resiliency of the DNS Review Team Composition]</ref> <ref>[http://gnso.icann.org/aoc-reviews/whois-policies-en.htm WHOIS Policy Review Team Composition]</ref> He also represents PayPal at the  [[Internet Governance Forum|IGF]], [[American Registry for Internet Numbers|ARIN]], [[World Summit on the Information Society|WSIS]], [[International Telecommunications Union|ITU]] and the [[Internet Engineering Task Force|IETF]].<ref>[http://www.intgovforum.org/cms/index.php/component/chronocontact/chronoformname=2011PanelistBioView&wspid=309 Panelists Biographies 2011 Worshops]</ref>
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In 2011, PayPal participated during the [[ICANN 40]] meeting in discussions regarding the deployment of the [[DNSSEC]]. The company was represented by  [[Andy Steingruebl]], PayPal's Internet standards and governance manager. During the meeting, he expressed the company's commitment for supporting DNSSEC and noted that the company had started signing the technology to its smaller and lesser used sites before signing its main site.<ref>
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[http://www.afilias.info/blogs/ram-mohan/beyond-top-level-dnssec-deployment-icann-40 Beyond the Top Level: DNSSEC Deployment at ICANN 40]</ref>
    
==Awards & Recognition==
 
==Awards & Recognition==
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On July 7, 2002, two shareholders of PayPal filed a lawsuit against the company's merger with eBay. The shareholders claimed that eBay's proposed price for the Paypal stocks is "inadequate and unfair", which is 0.39 eBay shares for every PayPal share. The total value of the transaction was $1.5 billion. Despite the objections, the Department of Justice cleared the Ebay and PayPal merger after conducting an investigation. <ref>[http://www.zdnet.com/news/paypal-ebay-hit-with-shareholder-lawsuit/124018 PayPal, eBay hit with shareholder lawsuit]</ref>
 
On July 7, 2002, two shareholders of PayPal filed a lawsuit against the company's merger with eBay. The shareholders claimed that eBay's proposed price for the Paypal stocks is "inadequate and unfair", which is 0.39 eBay shares for every PayPal share. The total value of the transaction was $1.5 billion. Despite the objections, the Department of Justice cleared the Ebay and PayPal merger after conducting an investigation. <ref>[http://www.zdnet.com/news/paypal-ebay-hit-with-shareholder-lawsuit/124018 PayPal, eBay hit with shareholder lawsuit]</ref>
 
<ref>[http://news.cnet.com/2100-1017-954551.html?tag=mncol;txt eBay-PayPal deal clears federal scrutiny]</ref>
 
<ref>[http://news.cnet.com/2100-1017-954551.html?tag=mncol;txt eBay-PayPal deal clears federal scrutiny]</ref>
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==ICANN Involvement==
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[[Bill Smith]], PayPal's technology evangelists serves as the company's advocate and representative to the [[ICANN|Internet Corporation forAssigned Names and Numbers]] particularly on issues related to the  reliability, security and stability of the internet.He also represents PayPal at the  [[Internet Governance Forum|IGF]], [[American Registry for Internet Numbers|ARIN]], [[World Summit on the Information Society|WSIS]], [[International Telecommunications Union|ITU]] and the [[Internet Engineering Task Force|IETF]].<ref>[http://www.intgovforum.org/cms/index.php/component/chronocontact/chronoformname=2011PanelistBioView&wspid=309 Panelists Biographies 2011 Worshops]</ref> He is also a member of the Security, Stability and Resiliency of the DNS Review Team (SSR RT] and the [[Whois]] Policy Review Team  of the [[Generic Names Supporting Organization|GNSO]].<ref>[http://gnso.icann.org/aoc-reviews/dns-ssr-en.htm Security, Stability and Resiliency of the DNS Review Team Composition]</ref> <ref>[http://gnso.icann.org/aoc-reviews/whois-policies-en.htm WHOIS Policy Review Team Composition]</ref>
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  −
In 2011, PayPal participated during the [[ICANN 40]] meeting regarding the deployment of the [[DNSSEC]]. The company was represented by  Andy Steingruebl, PayPal's Internet standards and governance manager.During the meeting he expressed the company's commitment in supporting DNSSEC and started signing the technology to its smaller and lesser used sites before signing its main site.<ref>
  −
[http://www.afilias.info/blogs/ram-mohan/beyond-top-level-dnssec-deployment-icann-40 Beyond the Top Level: DNSSEC Deployment at ICANN 40]</ref>
      
==References==
 
==References==
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