Usually means: Online platform for financial transactions.
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We found 10 dictionaries that define the word paypal:

General (4 matching dictionaries)
  1. Paypal, paypal: Wordnik
  2. PayPal, paypal: Cambridge Advanced Learner's Dictionary
  3. PayPal: Wiktionary
  4. PayPal, Paypal: Wikipedia, the Free Encyclopedia

Business (2 matching dictionaries)
  1. PayPal: Investopedia
  2. BusinessDictionary.com (No longer online)

Computing (4 matching dictionaries)
  1. PayPal: Netlingo
  2. Webopedia (No longer online)
  3. Technopedia (No longer online)
  4. PayPal: Encyclopedia

Definitions from Wiktionary (PayPal)

noun:  A worldwide online payment system.
noun:  (informal) An account on the PayPal system.
verb:  (ditransitive) To transfer (money) to (someone) via the PayPal system.

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