"It was announced on September 30, 2014, that eBay would spin off PayPal into a separate publicly traded company, a move demanded in 2013 by activist hedge fund magnate Carl Icahn. The spin-off was completed on July 18, 2015.[44][45][46] Dan Schulman is the current president and CEO, with former eBay CEO John Donahoe serving as chairman.[43] On January 31, 2018, eBay announced that "After the existing eBay-PayPal agreement ends in 2020, PayPal will remain a payment option for shoppers on eBay, but it won't be prominently featured ahead of debit and credit card options as it is today. PayPal will cease to process card payments for eBay at that time." The company will "instead begin working with Amsterdam-based Adyen".
Didn’t know that about the owner. I hardly use it. Now it’s never. Thanks.
No, the owner of PayPal is ebay.
Ebay either has, or is in the process of divesting.
"It was announced on September 30, 2014, that eBay would spin off PayPal into a separate publicly traded company, a move demanded in 2013 by activist hedge fund magnate Carl Icahn. The spin-off was completed on July 18, 2015.[44][45][46] Dan Schulman is the current president and CEO, with former eBay CEO John Donahoe serving as chairman.[43] On January 31, 2018, eBay announced that "After the existing eBay-PayPal agreement ends in 2020, PayPal will remain a payment option for shoppers on eBay, but it won't be prominently featured ahead of debit and credit card options as it is today. PayPal will cease to process card payments for eBay at that time." The company will "instead begin working with Amsterdam-based Adyen".
https://en.m.wikipedia.org/wiki/PayPal
Thanks.