About
PayPal 
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.
o The Winners of the 2002 Codie Awards -- Best eCommerce Solution
o The Top 100 Web Sites -- PC Magazine Report
o Favorite Paying by E-mail -- Forbes
o Top 25 Companies -- Fortune Small Business
FAQ
What does PayPal do?
PayPal is a quick and easy way for businesses and entrepreneurs to accept
credit card payments online, and a popular way for people to send money
to each other on the Internet. PayPal enables any business or consumer
with an email address to securely, conveniently, and cost-effectively
send and receive these payments. The PayPal network extends the existing
financial infrastructure of bank accounts and credit cards and creates
a global payment solution. PayPal products are ideally suited for small
businesses, online merchants, individuals and others currently underserved
by traditional payment mechanisms.
What
are the core components of the PayPal business?
E-commerce services for businesses & individuals - PayPal enables
quick and easy payment processing for websites, classified ads, auction
sites, and email - anywhere a person wants to collect payments online.
Use PayPal to: accept credit card and/or bank account payments for single
or multiple item purchases sell products to PayPal users in 38 countries
collect subscription or recurring payments gather donations or "tips"
get instant notification when you receive payments Online auction services
- Automated tools for auction sellers shorten sales cycles and reduce
administration time. insert PayPal logos to any number of listings automatically
notify winning bidders instantly Person-to-person payment services - Forget
the checks, stamps & envelopes when you send money to friends and
family. With PayPal you can: send money online from a credit card or bank
account request money from an individual or group use a virtual debit
card for safe and easy online shopping
How
does PayPal make money?
PayPal offers its payment service free of charge to U.S. consumers for
personal use. Business use requires a Premier or Business account, which
provides premium features for a low fee. These transaction fees provide
the great majority of PayPal's revenues. In addition, PayPal provides
international and vendor services for which there are additional charges.
PayPal also earns revenue from use of the PayPal credit card and the PayPal
ATM/debit card.