Summer 2027

Software Engineer Intern

Posted on 9/4/2026

PayPal

PayPal

10,001+ employees

Digital payments platform for online transactions

Compensation Overview

$28 - $55/hr

No H1B Sponsorship

Austin, TX, USA + 2 more

More locations: San Jose, CA, USA | Chicago, IL, USA

Hybrid

Hybrid work generally includes three days in the office per week.

Bachelor's, Master's

Category
Software Engineering (1)
Required Skills
Python
React.js
Node.js
Data Structures & Algorithms
SQL
Java
REST APIs
Web Development

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Requirements
  • Experience with at least one programming language, such as Java, Python, C++, JavaScript, or a similar language.
  • Familiarity with software development concepts, including data structures, algorithms, object-oriented programming, and debugging.
  • Experience developing projects through coursework, internships, research, or personal projects.
  • Strong problem-solving, communication, collaboration, and analytical skills.
  • Currently pursuing a bachelor's or master's degree in computer science, software engineering, or a related technical field at an accredited college or university.
  • Must be returning to school in Fall 2027.
Responsibilities
  • Estimate engineering efforts, design and implement solutions, test and deploy changes, and help triage production issues.
  • Develop, test, debug, and maintain scalable front-end and back-end software using Java, Python, Node.js, React, SQL, and REST APIs.
  • Write clean, maintainable code; develop and optimize databases; and ensure data integrity and system performance.
  • Follow software development life cycle processes, internal standards, coding conventions, and best practices while making technical decisions with appropriate guidance.
  • Collaborate with managers, project leads, peers, and cross-functional partners, including design, product, and other business teams, to understand requirements and deliver effective solutions.
  • Participate in code and design reviews and contribute to improving coding standards and development practices.

PayPal operates a global digital payments platform serving individuals, SMBs, and large enterprises. It enables online, mobile, and peer-to-peer payments, and also supports cryptocurrency trading and financing options like Pay in 4. Revenue mainly comes from transaction fees, currency conversion fees, and service fees for credit and installment products. The platform combines consumer wallet features with merchant tools for accepting payments, fraud protection, and global processing, aiming to make online payments secure, convenient, and widely accessible worldwide.

Company Size

10,001+

Company Stage

IPO

Headquarters

San Jose, California

Founded

1998

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Simplify Jobs

Simplify's Take

What believers are saying

  • Second-quarter TPV rose 9% to $486.4 billion, and revenue increased 3% currency-neutral.
  • PayPal raised 2026 profit guidance after Q2 beat expectations on $1.38 adjusted EPS.
  • Pay in 30 Days launched July 14, 2026, and Amazon BNPL broadened European monetization.

What critics are saying

  • Stripe-Advent abandoned its $53 billion bid on August 28, 2026, exposing weak strategic appeal.
  • PayPal cut 251 San Jose jobs on October 30, 2026, signaling deeper restructuring pain.
  • Apple Pay, Google Pay, and Stripe keep compressing PayPal’s checkout share, threatening relevance.

What makes PayPal unique

  • PayPal’s checkout, Venmo, and BNPL stack spans consumers, SMBs, and enterprise merchants.
  • PYUSD and Pay with Crypto extend PayPal into stablecoin settlement and merchant infrastructure.
  • Amazon Germany-Austria BNPL and Google AI commerce integrate PayPal into major ecosystems.

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Benefits

A Stanford Navigator helps employees research providers and health conditions, and make informed decisions about health care

Advance Medical is available for all employees who are looking for a world-class specialist to provide an expert medical opinion for treatment plans

Stock Purchase Plans

Retirement Savings and Pension Plans

Stock Awards

Life Insurance and Disability Benefits

Paid Time Off

Four Weeks Paid Sabbatical for every Five Years of Service

Educational and Professional Development benefits

Matching Gifts & Volunteerism Opportunities

Matching Gifts

Skills-Based Volunteering

Green Teams

GIVE Teams

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-1%

2 year growth

-1%
Yahoo Finance
Sep 4th, 2026
PayPal cuts 220 India jobs as part of $400M restructuring to boost efficiency

PayPal has cut approximately 220 jobs in India as part of a broader multi-year restructuring plan announced earlier this year, according to Reuters. The cuts aim to simplify operations, reduce costs, and improve efficiency. Under CEO Enrique Lores, PayPal is streamlining its organisation and modernising its technology. The company expects to save around $400 million by the end of 2026, though it will incur significant restructuring charges in the second half of the year. Recent results offer encouragement. In the second quarter, total payment volume rose 9% to $486.4 billion, whilst revenue increased 3% on a currency-neutral basis to $8.68 billion. Adjusted earnings reached $1.38 per share, exceeding expectations. PayPal raised its full-year adjusted earnings forecast to approximately $5.38 per share.

Yahoo Finance
Sep 3rd, 2026
PayPal to cut 251 jobs at San Jose headquarters amid global restructuring

PayPal is laying off 251 employees at its San Jose headquarters, effective 30 October, according to a notice filed with California employment regulators. The cuts primarily affect technology and product roles, including 42 senior software engineers and 18 managers of software engineering. The redundancies follow a broader global restructuring announced in April, when PayPal reorganised into three business units and appointed a chief AI transformation officer. The company is implementing a multiyear plan to reengineer its technology infrastructure and reduce operating costs. PayPal has also eliminated positions internationally, cutting approximately 220 jobs in India, 164 roles in Ireland, and dozens in Israel. The company employed around 23,800 people globally at the end of 2025, including 9,600 in the United States.

Business Standard
Sep 3rd, 2026
PayPal cuts 220 India jobs as part restructuring plan announced earlier.

PayPal cuts 220 India jobs as part restructuring plan announced earlier. Paypal(Photo: Reuters) PayPal has cut roughly 220 jobs in India as part of the payments firm's broader, multi-year turnaround plan laid out earlier this year, a person familiar with the matter told Reuters on Thursday. Here are some more details: - "The recent staffing changes are part of our previously announced multi-year transformation to simplify our global operations, strengthen execution, and position the company for long-term growth," a PayPal spokesperson said in an emailed statement. - The firm has outlined extensive cost-saving measures this year under newly appointed CEO, Enrique Lores, as it seeks to sharpen its competitive position in the crowded payments market. - PayPal has set a target of achieving $400 million in cost savings by year-end and at least $1.5 billion over the next two to three years. - Among the initiatives are plans to reduce organizational layers, improve productivity and integrate AI and automation across the business. - It joins a growing list of U.S. companies that have announced job cuts this year. - The rise of fintech rivals and big-tech players such as Apple and Google in payments has chipped away at PayPal's market share in recent years, weighing on its stock. The company's shares are down roughly 82% from its 2021 record high. - In its latest earnings report, PayPal raised its full-year profit forecast after quarterly results topped Wall Street expectations. - The turnaround initiatives come against a backdrop of takeover speculation around the company. - Reuters reported in July, citing sources, that a consortium including payments company Stripe and private equity firm Advent had made a $53 billion offer to buy PayPal. - The suitors are no longer pursuing the deal, according to media reports in late August. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Yahoo Finance
Sep 1st, 2026
Michael Burry trims Veeva position after stock surges 89% in 10 weeks

Michael Burry trimmed his position in Veeva Systems after the stock nearly doubled in roughly 10 weeks. The investor reduced his holding to around 3% of his portfolio whilst maintaining exposure to potential upside. Veeva surged 89% from a June low of $150.39 to $285 by late August. The catalyst was the company's Q2 fiscal 2027 earnings, which beat expectations across all metrics. Revenue grew 18% year-over-year to $928 million, exceeding the $905 million consensus. Adjusted earnings per share came in at $2.35 versus $2.22 expected. Burry described the move as "playing with the house's money" on a position he continues to favour. The trim represents disciplined position management rather than a bearish call on Veeva's prospects.

Yahoo Finance
Sep 1st, 2026
PayPal cuts jobs as part of global restructuring after $53B Stripe deal falls through

PayPal has eliminated jobs this week as part of a previously announced cost reduction plan. Employees across various divisions, including a 22-year veteran director in the Braintree unit and managers in buy now, pay later services, posted on LinkedIn about their departures. A company spokesperson confirmed the cuts are part of a multi-year transformation announced in May to simplify global operations and position the company for long-term growth. PayPal declined to specify the number or percentage of employees affected. The redundancies follow reports that a potential sale to Stripe and Advent International won't proceed. Reuters reported in July that the buyers were willing to pay $53 billion for the San Jose-based payments company.