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Why do we prefer PayPal?
You have probably seen "We Prefer PayPal" on auction sites such as eBay or Amazon and may have wondered what it was?
Simply put, PayPal lets anyone with an e-mail account send money securely to
anyone else with an e-mail account.
PayPal enables any business or consumer with an email address to securely, conveniently, and cost-effectively send and receive payments online. Our network builds on the existing financial infrastructure of bank accounts and credit cards to create a global, real-time payment solution. We deliver a product ideally suited for small businesses, online merchants, individuals and others currently underserved by traditional payment mechanisms. We seek to become the global standard for online payments, offering our service to users in 37 countries including the United States. We have over 12 million registered users, including more than 2.2 million business accounts. Our account base is growing by an average of 18,000 accounts per day, with virtually no traditional sales or marketing. The size of our network and widening acceptance of our product has helped us become the leading payment network for online auction websites, including eBay. PayPal is also being increasingly used at other e-commerce sites, for the sale of goods such as electronics and household items, the sale of services such as web design and travel, and the sale of digital content. Offline businesses, including lawyers, contractors and physicians, have increasingly begun to receive payments online through PayPal. PayPal's service, which lets users send payments for free, can be used from PCs or Web-enabled mobile phones. PayPal
is a privately held company headquartered in Palo Alto, California.
PayPal was a Webby Award nominee in both 2000 and 2001, and was named a
Forbes Favorite Website in the magazine??s May 2001 "Best of the
Web" issue. |
Why do we prefer PayPal?
#1 reason for our choosing PayPal is cost. It is Free to use and they charge one of the lowest transaction rates of credit card processing companies. This allows us to maintain low prices on our services.
#2 reason for choosing PayPal is popularity. PayPal has already over 12 million users in 37 countries and is growing by over 18,000 users per day.
#3 reason is security. Even though all transaction service companies use 128 bit-encrypted secure sites, PayPal has $100,000 insurance protection against unauthorized transactions for every customer. Insurance that is instant and FREE - you don't have to apply for coverage and there is no cost to you.
#4 reason is that we like it. PayPal has great service and support, it is free, easy and reliable.
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