2007-03-18 08:04:42 · 2 answers · asked by vishnu joshi v 1 in Business & Finance ➔ Investing
PayPal, owned by eBay, is a global online payment system. PayPal is a convenient, easy-to-use, and secure way for individuals and businesses to send and receive money online for goods, services, charitable donations, and so forth. It's also a full-service operation that provides front-end and back-end solutions to increase growth and revenue for merchants.
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.
More information can be found at the following link
https://www.paypal.com/cgi-bin/webscr?cmd=xpt/cps/general/NewConsumerWorks-outside
http://www.paypal.com/cgi-bin/webscr?cmd=_help-ext&eloc=28&loc=5&unique_id=1800193&source_page=p/gen/about-outside&flow=
2007-03-19 00:50:16 · answer #1 · answered by Anonymous · 0⤊ 0⤋
E-gold is payment processor, established in 1996. free to open, ...
Paypal is kind of e-bank, convinient for buyers, merchants, ... Only problem is that not all countries are supported, unlike to E-gold.
2007-03-20 14:05:26 · answer #2 · answered by acca 5 · 0⤊ 0⤋