What Is PayPal, Usability and How to Register for an Account?
WHAT IS PAYPAL, USABILITY AND HOW TO REGISTER FOR AN ACCOUNT?
If this is the first time for you to hear the term PayPal, it's only natural that you wonder what PayPal is and what it uses. PayPal is an electronic payment system that replaces conventional transactions in the form of checks and money transfers. Having PayPal, like you have an online account that can be used to buy products and receive funds from people who have a PayPal account or credit card.
What makes PayPal so liked, you can access your account wherever and whenever, make payments with a source of funds from either a credit card, debit card or bank account. Although not specifically intended for sellers, PayPal makes it easier for online store managers, service sellers and others to offer alternative payments to their customers. In addition, you can send money to other PayPal account users by email in lieu of account numbers. Now, PayPal has been used by more than 179 million active users with a range of 200 markets and 100 types of currencies throughout the world.
PayPal history
The history of PayPal begins with a company called Confinity which was founded by Peter Thiel and Max Levchin in 1998. Officially, PayPal began launching as a new payment system service in 1999 funded by John Malloy of BlueRun Ventures. A year later, in March 2000, Confinity joined Elon Musk's X.com.
In June 2000, PayPal continued to develop itself by introducing a new type of account intended for business users. This type of account is specifically for users who record high transaction volumes at a fee for each transaction. At the end of 2001, more than a fifth of the 12.8 million PayPal accounts were upgraded to business types.
As he continued to walk the sweet path, Elon Musk and ranks later changed the name PayPal to PayPal Inc. and officially stepped on the trading floor in 2002 for $ 13 per share and managed to raise an investment of $ 61 million. Shortly after the IPO, PayPal was immediately applied by eBay in July 2002 with a dowry of $ 1.5 billion. Now, more than 70% of stalls on eBay use PayPal as a payment tool.
Use of PayPal
For sellers
PayPal as an alternative payment from customers, can be added to the site page.
Receive payments from credit cards safely without having to go through the process of submitting merchants to local banks.
Has a useful tool for gathering buyer information
For buyers
Being a payment instrument with flexible funding sources, can be from a bank account, credit card or debit.
Become a secure payment tool on eBay and millions of merchants on the internet.
For individuals
Become a tool for sending money to friends, family, relatives.
Being a fundraising tool, for example for charity or socially oriented funding.
Terms and How to Make a PayPal Account
To create a PayPal account, you must meet several mandatory requirements, including:
Has a valid and accessible e-mail address.
Identity card, for preparation if asked for verification
Credit card monthly statement that is still active for the verification process.
While making your own account is free of charge, please follow the creation tutorial on this link, and some tips here and here. In addition to via a browser, PayPal is also available for Android, iOS and Windows Phone platforms.
If this is the first time for you to hear the term PayPal, it's only natural that you wonder what PayPal is and what it uses. PayPal is an electronic payment system that replaces conventional transactions in the form of checks and money transfers. Having PayPal, like you have an online account that can be used to buy products and receive funds from people who have a PayPal account or credit card.
PayPal history
The history of PayPal begins with a company called Confinity which was founded by Peter Thiel and Max Levchin in 1998. Officially, PayPal began launching as a new payment system service in 1999 funded by John Malloy of BlueRun Ventures. A year later, in March 2000, Confinity joined Elon Musk's X.com.
In June 2000, PayPal continued to develop itself by introducing a new type of account intended for business users. This type of account is specifically for users who record high transaction volumes at a fee for each transaction. At the end of 2001, more than a fifth of the 12.8 million PayPal accounts were upgraded to business types.
As he continued to walk the sweet path, Elon Musk and ranks later changed the name PayPal to PayPal Inc. and officially stepped on the trading floor in 2002 for $ 13 per share and managed to raise an investment of $ 61 million. Shortly after the IPO, PayPal was immediately applied by eBay in July 2002 with a dowry of $ 1.5 billion. Now, more than 70% of stalls on eBay use PayPal as a payment tool.
Use of PayPal
For sellers
PayPal as an alternative payment from customers, can be added to the site page.
Receive payments from credit cards safely without having to go through the process of submitting merchants to local banks.
Has a useful tool for gathering buyer information
For buyers
Being a payment instrument with flexible funding sources, can be from a bank account, credit card or debit.
Become a secure payment tool on eBay and millions of merchants on the internet.
For individuals
Become a tool for sending money to friends, family, relatives.
Being a fundraising tool, for example for charity or socially oriented funding.
Terms and How to Make a PayPal Account
To create a PayPal account, you must meet several mandatory requirements, including:
Has a valid and accessible e-mail address.
Identity card, for preparation if asked for verification
Credit card monthly statement that is still active for the verification process.
While making your own account is free of charge, please follow the creation tutorial on this link, and some tips here and here. In addition to via a browser, PayPal is also available for Android, iOS and Windows Phone platforms.
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