Paypal made online payment feasible by allowing consumers to send and receive payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies. It also offers gateway services that enable merchants to accept payments online with credit or debit cards, as well as digital wallets.
Its price is moving between $234 and $278. Slightly bullish. Aim to break 52 weeks and all time high at $309. The nearest support at $245 or $220, depending on risk appetite.