Paypal waves Ebay goodbye

Paypal's Dan SchulmanThe new entity Paypal Holdings has completed its split from Ebay and has started trading on the NASDAQ bourse today using the symbol PYPL.

Dan Schilman, CEO of Paypal (pictured) were allowed to ring the opening bell at NASDAQ as trading for Monday opened.

Schulman claimed that Paypal is the “most trusted and popular digital wallet” and is ready open another chapter in its history.

Paypal thinks money will become digital at an increasingly rapid place and processed $235 billion in total payment volume in 2014.

Of that figure, $46 billion were represented by mobile payments, and Schulman said that it has over 169 million active customer accounts around the world.

Ebay bought Paypal in 2002 for $1.6 billion.