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 Get
to Know PayPal
Online payments with PayPal’s
Mass Payment are instant.
Never again do you have
to say "the check is in
the mail." PayPal
is an e-commerce business
allowing payments and money
transfers to be made through
the Internet. Online money
transfers serve as electronic
alternatives to traditional
paper methods such as checks
and money orders. Currently,
PayPal operates in 190 markets,
and it manages more than
228 million accounts, more
than 73 million of them
active. PayPal allows customers
to send, receive, and hold
funds in 19 currencies worldwide.
PayPal an incredibly popular
way of sending and receiving
money over the Internet.
Thousands of people use
the service to pay for items
bought on eBay and for a
variety of other goods over
the Internet, making it
one of the most convenient
as well as the most popular
ways to send and receive
money online. PayPal
makes the financial transactions
over internet very easy
and secure. You can receive/send
funds from your credit cards
through PayPal. PayPal can
be used for online auction
sites (such as eBay), to
purchase goods or services,
and to make donations. There
are more than 100 million
PayPal accounts in existence.
The Advantages of
PayPal
PayPal is one of the most
popular modes of online
payment transfers in the
world. You need only a bank
account, e-mail address
and street address in order
to begin experiencing the
advantages of using PayPal.
There are several types
of PayPal accounts you can
sign up for depending on
your payment preferences
and financial needs. PayPal
offers is the ability to
send and receive international
payments. Paypal.com says
they accept payments in
the form of twenty-three
currencies, including Canadian
dollars, British pounds,
Euros, Swiss Francs, Mexican
Pesos and Yen.
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Low Cost
No start-up or monthly
fees, no cancellation
fees and no minimum
payments.
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Quick Setup
Sign up and get started
in minutes. No extra
software or hardware
needed.
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Information Security
As an industry leader
in fraud prevention
and risk management,
PayPal has 60%-70% lower
fraud loss rates than
other merchant accounts.
PayPal claims to have
"one of the lowest loss
rates in the online
retail industry." Their
Seller Protection
Policy is designed to
protect the merchant;
their Buyer Protection
Policy is designed to
protect the customer.
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Buyer Network and Community
One in three online
buyers in the US has
a PayPal account, and
over 58,000 users worldwide
sign up for PayPal each
day. According to PayPal.com,
PayPal has "more than
86.6 million accounts
in 56 countries and
regions ...growing by
83,000 a day... One
in three online buyers
in the U.S. has a PayPal
account."
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Use Any Major Credit
Card
PayPal accepts every
major credit card or
you can pay with your
bank account. It is
easy, it is quick and
it is very convenient.
You can also look up
stored history of your
transactions of monies
received and monies
paid through PayPal.
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What is a Payment
Gateway?
