Paypal

    

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Date Established

1998

Location

San Jose, CA

We often find websites with Paypal logo like ebay.com or amazon.com. Or maybe you do not know what it is paypal? Official website is paypal.com, PayPal is the safer and easier way to pay and get paid online. This service allows anyone to pay in any way we wish, including through credit cards, bank accounts, buyer credit or account balances, without sharing your financial information to the public.  To start a business online business we are required to choose a Paypal account, as nearly all of our online paid with paypal.

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PayPal Holdings, Inc.

Founded in 1998, we continue to be at the forefront of the digital payments revolution. PayPal gives people better ways to manage and move their money, offering them choice and flexibility in how they are able to send money, pay or get paid. We operate an open, secure and technology agnostic payments platform that businesses use to securely transact with their customers online, in stores and increasingly on mobile devices.

PayPal is a truly global payments platform that is available to people in more than 202 countries, allowing customers to get paid in more than 100 currencies, withdraw funds to their bank accounts in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

Why Paypal?

• Easy to use: Most business owners rave about how easy it is to setup a PayPal account. If you’re exclusively offering PayPal Payments Standard, then you can get started almost instantly.
• Fast payments: Because PayPal doesn't require merchant accounts, there are no delays in processing payments. Funds are transferred to your PayPal account in real time within minutes of transactions.
• Transparent pricing: As mentioned earlier, what you see is what you get with PayPal. There are no setup fees, annual fees, cancellation fees, or downgrades for sellers.
• Security: Whether you make one sale per month or process thousands of transactions per day, all merchants are responsible for making sure that both their own data and customers' information stay protected. But as a low-volume business, you likely don't have the resources or knowledge to worry about securing transactions yourself. PayPal takes care of security for you.

PayPal Account Types

1. Personal: Recommended for individuals who shop and pay online, or wish to send or receive personal payments for shared expenses such as splitting of dinner bills or rental charges.
2. Premier: Recommended for casual sellers or non-businesses who wish to get paid online, and who also make online purchases.
3. Business: Recommended for merchants who operate under a company/group name. It offers additional features such as allowing up to 200 employees limited access to your account and customer service email alias for customer issues to be routed for faster follow-ups.

To start an online business it is highly recommended to have a paypal account!