PayPal Organization

PayPal Organization
Name
Institutional affiliation
Date

PayPal’s mission is to rethink money in a way to enables each person to participate in the global economy in a safe, friendly and cost affected means. This mission is linked to its vision which is to provide an online platform where people can make opine payments (“Mission | Vision | Values”, 2018). PayPal’s strategy was born from these two. PayPal’s strategy involves the continued provision of cheap and popular means of sending money. The mission and vision are visible as one reads about the company. Since its inception 20 years ago, the company has focused solely on the transfer money. This, as stated before is in line with the mission of creating a global economy for everyone.
Through PayPal, individuals are able to purchase products across the globe. Its first commitment was to eBay which was momentarily the sole owner of the company. eBay is a platform where one can sell everything they are no longer using to another willing buyer. This is one of the instances where PayPal makes every person a participant in the global economy. Sites like eBay help to prevent the global waste culture that sees most people buy what they like and then throw them away. PayPal makes people develop the capacity to turn over these goods into sources of revenue (“Mission | Vision | Values”, 2018).
In line with its four fascinated pillars of the vision which are collaboration, innovation, wellness, and inclusion, PayPal has continued to engage in the innovations that can ease the transfer of money (de Sousa, Pellissier & Monteiro, 2012).

For example, more and more people are currently ditching their computers and concentrating on their mobile phones. This has led to the shift in major companies to operations through mobile applications. PayPal has not been left behind and has an App that eases financial transactions even further.

References
Mission | Vision | Values. (2018). Paypalobjects.com. Retrieved 19 March 2018, from https://www.paypalobjects.com/digitalassets/c/website/marketing/global/shared/global/media-resources/documents/paypal-mission-vision-values.pdf
de Sousa, F., Pellissier, R., & Monteiro, I. (2012). Creativity, Innovation, and Collaborative Organizations. The International Journal Of Organization Innovation, 5(1).