Why We Work With PayPal
Many of our customers and partners have asked why we built our service with PayPal as the only transaction engine. Simply stated, we believe PayPal has created the safest, easiest-to-use, and most cost effective platform for businesses and individuals to send and receive money. Accordingly, it is our belief that this method of electronic money exchange will become a widespread phenomenon over the coming years. PayPal is now a subsidiary of e-commerce leader, eBay (NASD: EBAY).
Why should you rely on PayPal for your transactions? Here are a few points about PayPal:
- PayPal offers one of the safest platforms for online commerce with fraud rates at a fraction of those of typical e-commerce offerings.
- PayPal offers ease and flexibility, accepting all major credit cards (Visa, Mastercard, Discover, and American Express), as well as all major debit cards and direct transfers.
- PayPal offers low merchant rates with no set up or recurring costs.
- PayPal successfully completes over 600,000 transactions per day with over 30 million accounts in 38 countries worldwide.
- PayPal is processing over $30 million in payments per day and has transacted over $20 billion in total payments since launching in 1999.
- While virtually all technology companies have languished in these difficult economic times, PayPal has shown tremendous growth.
- PayPal, and its new parent company, eBay (NASD: EBAY), are both profitable.
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