TODAY’S TRADEMARK – PP PAYPAL CREDIT
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in most countries that support online money transfers and serves as an electronic alternative to traditional paper methods such as checks and money orders.
PayPal, Inc. having its headquarters located in San Jose California 95131, United States is the sole proprietor of the above mark. Established in 1998 & PayPal went public through an IPO in 2002 became a wholly owned subsidiary of eBay. Later PayPal became an independent company in the year 2015. In January 2021, PayPal became the first foreign operator with 100% control of a payment platform in China, gaining an advanced position in the local online payment market which resulted by listing the company in Fortune 500 of the largest United States corporations by revenue in 134th rank.
The mark is been registered as an Australian Trademark which consists of two overlapping letter Ps and the words PAYPAL CREDIT in stylized lettering which was registered on 2nd February 2021. The mark is Figurative In nature. It falls under The International Classification of Goods and Services under classes 9, 36, 42 bearing the serial number 2182010 with priority application numbers 018285037 & 20200805 EM in the country of origin. This company is currently owned by Mr. Elon Reeve Musk the world’s wealthiest business magnate and an investor listed in both the Bloomberg Billionaires Index and the Forbes real-time billionaires list 2022.