Paypal
PayPal is an acquirer, performing payment processing for online vendors, bid sites, and other commercial clients, for which it charges a fee. It may also charge a fee for receiving money, proportional to the amount received. The fees depend on the currency used, the payment option used, the country of the sender, the country of the recipient, the amount sent and the recipient's account type. In addition, eBay purchases made by credit card through PayPal may incur extra fees if the buyer and seller use different currencies.Any recipient of a PayPal transfer can either request a check from PayPal, establish their own PayPal deposit account. He also sends money his/her own bank account.
As of 2011 PayPal operates in 190 markets and manages more than 232 million accounts, more than 100 million of them active. PayPal allows customers to send, receive, and hold funds in 25 currencies worldwide.
These currencies are the Canadian dollar, Chinese renminbi yuan, euro, pound sterling, Japanese yen, Australian dollar, Brazilian real, Czech koruna, Danish krone, Mexican peso,New Zealand dollar, Norwegian krone, Philippine peso, Polish zloty, Singapore dollar, Swedish krona, Hong Kong dollar, Hungarian forint, Israeli new sheqel, Malaysian ringgit, Swiss franc, New Taiwan dollar, Thai baht and U.S. dollar. PayPal operates locally in 21 countries.
Residents in 194 markets are using PayPal in their local markets to send money online.
PayPal revenues in 2009 were $643 million, up 11 percent year over year. 42 percent of revenues in 2009 were from international markets. PayPal's Total Payment Volume, the total value of transactions in 2009 was nearly $16 billion, up 10 percent year over year.
Forever PayPal launched Student Accounts for teens in August 2009 allowing parents to set up a student account, transfer money into it, and each student gain a debit card for personally student use. The program provides tools to teach teens how to spend money wisely and take responsibility for their actions.
Glorious moment for PayPal on November 28, 2011 PayPal reported Black Friday brought record mobile engagement including a 538 percent increase in global mobile payment volume when compared to Black Friday 2010.
As of 2011 PayPal operates in 190 markets and manages more than 232 million accounts, more than 100 million of them active. PayPal allows customers to send, receive, and hold funds in 25 currencies worldwide.
These currencies are the Canadian dollar, Chinese renminbi yuan, euro, pound sterling, Japanese yen, Australian dollar, Brazilian real, Czech koruna, Danish krone, Mexican peso,New Zealand dollar, Norwegian krone, Philippine peso, Polish zloty, Singapore dollar, Swedish krona, Hong Kong dollar, Hungarian forint, Israeli new sheqel, Malaysian ringgit, Swiss franc, New Taiwan dollar, Thai baht and U.S. dollar. PayPal operates locally in 21 countries.
Residents in 194 markets are using PayPal in their local markets to send money online.
PayPal revenues in 2009 were $643 million, up 11 percent year over year. 42 percent of revenues in 2009 were from international markets. PayPal's Total Payment Volume, the total value of transactions in 2009 was nearly $16 billion, up 10 percent year over year.
Forever PayPal launched Student Accounts for teens in August 2009 allowing parents to set up a student account, transfer money into it, and each student gain a debit card for personally student use. The program provides tools to teach teens how to spend money wisely and take responsibility for their actions.
Glorious moment for PayPal on November 28, 2011 PayPal reported Black Friday brought record mobile engagement including a 538 percent increase in global mobile payment volume when compared to Black Friday 2010.