The PayPal Account features:
- Low cost. No start-up or monthly fees
-
Quick setup. Sign up and get
started in minutes. No extra software or hardware
needed
-
Security. As an industry leader
in fraud prevention and risk management, PayPal has
60-70% lower fraud loss rates than other merchant
accounts
-
Network of buyers. One in three
online buyers in the U.S. has a PayPal account, and
over 58,000 users worldwide sign up for PayPal each
day.
Founded in 1998, PayPal, an eBay
Company, enables any individual or business with an
email address to securely, easily and quickly send and
receive payments online. PayPal's service builds on the
existing financial infrastructure of bank accounts and
credit cards and utilizes the world's most advanced
proprietary fraud prevention systems to create a safe,
global, real-time payment solution.
PayPal has quickly become a global leader in online
payment solutions with 50 million account members
worldwide. Available in 45 countries around the world,
buyers and sellers on eBay, online retailers, online
businesses, as well as traditional offline businesses
are transacting with PayPal.
PayPal has received close to 20 awards for technical
excellence from the Internet industry and the business
community at large -most recently the 2003 Webby Award
for Best Finance Site and the 2003 Webby People's Voice
Award for Best Finance Site.
Located in San Jose, California, PayPal was acquired by
eBay Inc. in October, 2002.
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