Internships are one of the most common ways for students to get working experience before they get their degree, and PayPal is one of the companies that offers a multitude of internship opportunities. Learn how to get an internship at PayPal, so as a student, you can explore your interests, form relationships with mentors, and have reputable material for your resume.
If you are considering an internship at PayPal, you might be wondering what a PayPal intern does, how much does a PayPal internship pay, and if there are summer PayPal internships available. This article addresses everything you need to know about how to get an internship at PayPal, the application process, and tips to improve your chances of getting chosen.
What Is PayPal? A Brief PayPal Background
PayPal is an American company that offers online payments services. The multinational financial technology company supports online money transfers and can be used as an alternative to money orders and checks from traditional banks. The service makes it easier to receive payments across the world and can be done from a mobile device.
PayPal is regarded as a business with dignity, upholding strong ethical standards by being non-discriminatory. They hire individuals with disabilities, whether it be a physical or mental disability, and those of any marital status, national origin, sexual orientation, age, gender, or race and ethnicity, and recognize various status including veteran status and others protected under the law.
Does PayPal Hire Students?
PayPal hires students for their 12-week internship programs. The programs are open to both graduate and undergraduate students during summer and they take part in real projects that benefit PayPal and its customers. The internship also helps students network, build strategic partnerships, and develop new skills, and it provides them with resources to thrive in their position.
PayPal Internships: General Overview
PayPal only offers summer internships to give undergraduate and graduate students a chance to gain professional experience during their holidays. The available internships may change each year, so it helps to check the company’s internship page first.
What Does a PayPal Intern Do?
PayPal interns work with other experts in their field on meaningful projects that directly impact PayPal and its customers. Internships often cross a wide range of fields like quality assurance, search optimization, and backend and front end development. Interns help estimate engineering efforts, implement and test changes, design tools, and triage production issues.
Interns also collaborate to build new experiences and improve existing products. They help develop systems that power the payments on the platform and join teams to come up with useful ideas to make the company’s services better.
PayPal Internship Reviews: What Is the Experience Like?
According to intern reviews on Indeed, PayPal is an excellent place for interns to work. Some reviewers loved the work environment and culture, and admitted that it was their dream to work in such a place. While some were concerned about the rigid processes, others loved the internship experience because they had a chance to contribute to the company’s growth.
Other reviewers had high regard for the many benefits they enjoyed from PayPal. They had an opportunity to meet inspiring leaders and learn from them. They also enjoyed the compensation, participation, and team environment. Some noticed that the company had a lot of office politics going on, but otherwise, it was a good experience.
Is It Hard to Get an Internship at PayPal?
Yes, it is hard to get an internship at PayPal because the multinational company is in high demand for interns, meaning that only the best and most prepared students will get in. However, you can increase your chances of getting an internship at PayPal. This guide will discuss some useful tips later on.
PayPal Intern Salaries: How Much Does a PayPal Internship Pay?
According to Glassdoor, the average wage for PayPal interns is $36 per hour. This is not a centralized pay for all interns. Some departments pay interns more, such as software engineering interns that can earn an average salary of $48 per hour.
How to Apply for a PayPal Internship: A Step-by-Step Guide
The application process for a PayPal internship is easy. First, find an internship that suits your skill and qualifications. Then, register on the site if you have not already done so. Then you will submit relevant documentation and fill out a form detailing your information. More on this will be discussed below.
Step 1: Register on the Site
The first step is registration on the PayPal internship site. You would need to fill in your identification details such as your name, address, location, and phone number to create a profile on the website. When you are done, you can prepare other documents to be uploaded such as your resume and cover letter if required.
Step 2: Submit Relevant Documents
You must prepare your resume to match the job you are applying for. For instance, if you are in a software engineering discipline, your skills should reflect knowledge of coding languages rather than unrelated skills in other disciplines.
Step 3: Verify and Submit the Form
When you are done, the site allows you to verify the information to ensure that it is correct. Once that is completed, you can submit the form. If your application is successful, the company will contact you to inform you of your interview date.
These interviews will determine if you are a good fit for the program. The interview process includes phone interviews and an in-person interview. If you pass the interview, you will be accepted into the program.
How to Get an Internship at PayPal: Internship Opportunities in 2022
As mentioned previously, PayPal only offers summer internship opportunities. Among these opportunities for summer 2022 are software engineering internships, HR internships, as well as accounting internships. Eligible candidates include graduate and undergraduate students from accredited institutions around the country. The section below details some available summer 2022 internships.
Software Engineer Intern
- Location: New York City, NY, Timonium, MD, Omaha, NE
- Eligibility Requirements: Currently pursuing a Bachelor’s Degree or Master’s Degree in Computer Science or a related field
- Skill Requirements: Proficiency in Java, C++, or Python, have technical, analytic, programming skills, familiarity with PayPal’s services
- Length: 12 weeks
- Start Date: Summer 2022
Chosen interns for this position will develop high-quality products and innovative solutions that would benefit customers around the world. They will learn to solve complex problems in the payment world across the various payment business units such as Braintree, PayPal, Paydiant, and Venmo.
Program Management Intern
- Location: San Francisco, CA
- Eligibility Requirements: Currently pursuing a Bachelor’s Degree or Master’s Degree in Business, Computer Science, or a related field
- Skill Requirements: Strong analytical and problem-solving skills, effectively coordinate with geographically spread team members, strong bias to action
- Length: 12 weeks
- Start Date: Summer 2022
The project management intern will help ensure that timelines are strictly followed and is capable of understanding resource needs, dependencies, and risks. The selected intern will also help assess best practices, current methodology, and improve the development and planning activities within the company.
Partnerships and Business Dev Intern
- Location: San Jose, CA
- Eligibility Requirements: Currently pursuing a master’s degree in a related field
- Skill Requirements: Strong relationship management skills, knowledge of optimization strategies, exceptional verbal and written communication abilities
- Length: 12 weeks
- Start Date: Summer 2022
This intern will help manage partners and ensure resolution between merchants, partners, and the internal teams. The partnership and business dev role will also include working with other teams to assess trends and share their unique perspective. They will also help build trust between cross-functional teams and peers.
PayPal Ventures Intern
- Location: San Jose, CA
- Eligibility Requirements: Currently pursuing a master’s degree in a related major
- Skill Requirements: Strong analytical skills, experience in investment banking, experience in a PAM role
- Length: 12 weeks
- Start Date: Summer 2022
The ventures intern is required to help the team source deals and investigate areas for the company to focus investments on. They will also help manage the company’s portfolio and report to the Investment Partner of PayPal Ventures. Strong analytical skills and a keen desire to help the company succeed are required to thrive in this role.
HR Intern – HRBP/Enablement
- Location: New York City, NY
- Eligibility Requirements: Currently pursuing a bachelor’s degree or master’s degree in a related field
- Skill Requirements: Proficiency in Microsoft Office, specifically in Excel, Word, and PowerPoint, capable of turning data and research into solution recommendations
- Length: 12 weeks
- Start Date: Summer 2022
The HR intern will help provide support for all human resources business partner (HRBP) initiatives that align with the enablement strategies. The intern may also support the design, innovation, and execution of business programs and processes to ensure that the HR business partners offer a consistent experience. This role does not require any specific degree to apply.
Product Design Intern
- Location: Chicago, IL
- Eligibility Requirements: Currently pursuing a Bachelor’s Degree in Design, Information Architecture, Human Factors or HCI, Psychology, Cognitive Sciences, alternative equivalent project experience
- Skill Requirements: Understand user experience (UX) methodology, familiarity with design processes, keen writing capabilities
- Length: 12 weeks
- Start Date: Summer 2022
The product design intern will work with other employees on the design team to give the customers a voice. They will receive support and guidance to help them solve real customer problems. Also, interns will have an opportunity to network with researchers in their cross-functional teams. An understanding of UX methodology is required to qualify for this role.
HR Intern – Total Rewards, Benefits
- Location: Austin, TX
- Eligibility Requirements: Holding a Bachelor’s Degree or Master’s Degree in Human Resources, or majoring in human resources
- Skill Requirements: Project management skills, communication skills, proficient in Microsoft Office
- Length: 12 weeks
- Start Date: Summer 2022
The HR intern supports the team with funding and payment options for needed programs. They also collaborate with other benefits team members to come up with renewals, financial system setups, and plan for benefit contract creation and implementation. These interns are required to have project management skills.
HR Intern – Total Rewards, Compensation
- Location: Austin, TX
- Eligibility Requirements: Holding a Bachelor’s Degree or Master’s Degree in Human Resources, or majoring in human resources
- Skill Requirements: Knowledge of Microsoft Outlook, Microsoft Teams, Microsoft Office
- Length: 12 weeks
- Start Date: Summer 2022
This intern is responsible for supporting the HR team to manage new hires, come up with innovative ideas for improvement of processes, and collaborate with global talent acquisition and compensation teams to support different projects. To apply, interns must have an undergraduate or graduate degree in Human Resources.
Bank Partnerships MBA Intern
- Location: San Jose, CA
- Eligibility Requirements: Currently pursuing a master’s degree in a related field
- Skill Requirements: Strong analytical skills, experience in Internet technologies and payment services
- Length: 12 weeks
- Start Date: Summer 2022
PayPal is searching for a bank partnerships MBA intern that will understand the strategic goals of the company as well as its competitive position to inform partnership strategy. The intern will support the CRM pipeline, build compelling content to foster partnerships, and provide analytical support for the company and its business cases.
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Finance and Accounting Intern
- Location: Timonium, MD, New York City, NY
- Eligibility Requirements: Currently pursuing a Bachelor’s Degree or Master’s degree in Finance
- Skill Requirements: Proficiency in Microsoft Excel and PowerPoint
- Length: 12 weeks
- Start Date: Summer 2022
The finance and accounting intern will work with other team members to manage reporting, planning, and operations of financials. They will work with both business and engineering teams to come up with reports on transaction loss, financials, and operating expenses.
The intern will partner with financial analysts working on risk management and learn more about operating Rhythm, monthly financial processes, and business insights. Working multiple business teams is a great way to gain expansive professional development at the beginning of your career.
How to Improve Your Chances of Getting a PayPal Internship
There are a few steps you can take to improve your chances of getting a PayPal internship, some of which include recognizing that the candidate hiring process is highly competitive. Many of the applicants will be highly skilled in their discipline, and their resumes will reflect that. Below are a few ways you can ensure you stand out.
Prepare Your Application Materials
To start, prepare your resume. Your resume should contain your identifying information such as your name and contact information. To exemplify your knowledge and expertise, you should include a professional summary, your education and previous work experience, and any additional but relevant information.
A cover letter may also be required, so it is important to have one prepared just in case. Ensure your letter persuades the reader that you are the best person for the job. If you need help creating a cover letter, there are also resources online.
Prepare for Your Interview
It’s important that you prepare for your interview. Take time to learn about the company, and brush up on topics like the services offered and recent news or milestones. Read about their leadership team, behavioral questions, and technical questions that might be asked. This information can help shape your answers and can help you come up with questions of your own.
Attend a Coding Bootcamp
If you don’t feel that your tech abilities are up to speed, you can enroll in a coding bootcamp to master in-demand tech skills in a short period of time. Attending one of the best coding bootcamps can also help give your resume a boost and help you stand out from other applicants.
Should I Apply for an Internship at PayPal?
You should apply for an internship at PayPal if you are a team player and want to experience hands-on learning in your field. The internship gives you a chance to meet professionals and learn from them in the process. All interns get an opportunity to contribute their skills and knowledge to building better systems that will benefit both the company and its audience.
PayPal is a major tech company. According to Statista, it had an annual net income of 2.45 billion dollars in 2019. Adding an internship at PayPal to your resume will help you stand out as you progress in the tech and business fields.
PayPal Internships FAQ
There is a summer PayPal internship program, and it is available for software engineers and accountants. This internship lasts for 12 weeks and offers handsome compensation. Students benefit from mentorship, skill-building, and real-world experience.
First, register on the company’s website by filling in your basic information and uploading your resume. When this is done, you can submit your application, and if you succeed you’ll be called in for an interview. The interview may last for around 45 minutes and the interviewer will want to know if you are an excellent fit for the job.
You can increase your chances of getting a PayPal internship by preparing an excellent resume. Ensure that the resume contains only important information. Next, prepare for the interview by going over interview questions online.
The PayPal internship is worth it because it helps students to form a network of professionals, even before leaving university. Interns also enjoy benefits such as being able to work in a multinational firm while receiving great compensation.
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