Paypal.com is an online payment service providing website where you can send and receive money without exposing your credit card or financial details. It is an easier way to pay and get paid online. Paypal is offered at over 100,000 website to facilitate online payment. Anyone can create an a/c with paypal with the help of a valid email id and pay in any way they prefer, including through credit cards, bank accounts, buyer credit or account balances. The financial information registerd with the site is not shared with anyone.
Paypal started its operations from 1998. Paypal.com provides services to more than 164 million account holders worldwide. It is a global leader in online solutions. Paypal makes payment possible across different locations, currencies and languages. It provides payment service in 17 different currencies. Paypal is now owned by ebay since 2002.
Paypal provides you with a huge variety of services. You can check those services at www.paypal.com under Products & Services. You can either have a personal account or a business account depending on you requirements. Under personal or business there are sub-categories. You can either have free account or paid account. A free account can also provide you with many services. Paid accounts can give you additional facilities over free account.
Paypal.com stores and processes the client’s personal information on their computers in the US, and they protect it by maintaining physical, electronic and procedural safeguards in compliance with applicable US federal and state regulations. They use computer safeguards such as firewalls and data encryption to protect the data base. The personal information of the clients is accessible by only those employees who require it to fulfill their job responsibilities.
PayPal has received the 2006 Webby Award for Best Financial Services Site and the 2006 Webby People's Voice Award for Best Financial Services Site. It has received more than 20 awards for excellence from the internet industry and the business community.