2. ABOUT PAYPAL
PayPal is an international e-commerce business which was founded in
1998.It was acquired by e-bay in 2002.
The e-payment solutions company is facilitating payments and
money transfers to be made through the Internet.
Online money transfers serve as electronic alternatives to paying with
traditional paper methods, such as checks and money orders.
The company has over 148 million active accounts in 26 currencies
and operating in 193 markets all over the globe. It processes more
than 9 million payments daily.
Founders :Peter Thiel, Luke Nosek, Elon Musk, Ken Howery, Max
Levchin.
3. WHY PAYPAL? ADVANTAGES
1. 100% protection against unauthorized payments from
user accounts.
2. Saving time.
3. When sending money abroad, paypal will charge the
lowest price.
4. Dispute resolution center.
4. THIS HAS A DISADVATANG AS
WELL…………
Paypal can instantly freeze your account and hold your
money.
5. WHAT DO YOU NEED IN
ORDER TO CREATE AN
ACCOUNT WITH PAYPAL?
A valid e-mail address
An active credit card or a bank account