Paypal Review

Updated 20.02.2020

Paypal, the best digital distribution platform for purchases
Likes 12,824


Our rate (9.8)
Price: Free
Category : Social Networking
Developer : PayPal Holdings, Inc.
Sponsored Link

PayPal Holdings, Inc. is an American company that operates around the world an online payment system that supports money transfers between users and serves as an electronic alternative to traditional payment methods such as checks and money orders. PayPal is one of the largest Internet payment companies in the world.

The company operates as a payment processor for online sellers, auction sites and other online business users and even physical stores, for which it charges a commission and fee percentage.

Founded in 1998, PayPal had its IPO in 2002, and became a subsidiary owned by eBay that same year.

Its headquarters are located in San Jose (California, United States), its operations center is located in Omaha (Nebraska, United States) and the operations center for the European Union is located in Dublin (Ireland).

It was founded initially under the name of Confinity in 1998 by Max Levchin, Peter Thiel, Luke Nosek and Ken Howery. In March 2000, Confinity merged with X.com, an online banking company founded by Elon Musk. After its merger with X.com, it was renamed PayPal in 2001.

One of its first venues was 165 University Avenue in Palo Alto, California, where several Silicon Valley companies started. In principle, PayPal was a service for money transfers via PDAs. But the payment on the web became a more attractive business. An aggressive marketing campaign offering first 10 dollars and then 5 dollars for registering in the system, caused growth to be meteoric: between 7 and 10% per day between January and March 2000.


Select Device to get Review
Price: Free
Category : Social Networking
Developer : PayPal Holdings, Inc.
Sponsored Link

About ..

PayPal can not be considered as a bank, so it is not governed by the same laws as banking entities. Despite this, PayPal must obey the rules of the United States Treasury Department and the Financial Services Authority of the European Union. Some of the rules are to prevent money laundering and unauthorized transactions (Reg E).

Unlike traditional banks, where the customer receives a return for having their money deposited in their account, PayPal does not offer any interest for this concept.

It should be noted that PayPal has a buyer protection policy of up to USD 2,500 (or equivalent in another currency), where problems of "Article not received" or "Article very different from that described" are covered, including not only the price of the item but also the shipping costs. This type of protection is only valid for certain purchases where they are not included, for example, intangible items, services, vehicles, etc ... Point 13 of the PayPal Terms of Service provides more detailed information on buyer protection.


For each transaction, PayPal charges a variable commission of between 1.9% and 3.4% + 0.35 EUR to the recipient of the money.


Tips
There are several tricks that hides this implementation that can be very useful:

- Start buying

- Verify your account

Pros/Cons
Pros
- Open different accounts in different currencies whenever it is within PayPal.

- Upload money to the PayPal account.
Cons
- Charge of a commission to the seller for using PayPal as a payment platform.

- Make a payment to another person or company (the buyer does not pay more than the price set by the seller).
Others..


Search
Premium for Free!
Get access to all premium content and much more games and apps and support!

FREE
Send Us Your APP!
Send us Free your APP to our Store. Free Stats, Review, Downloads..

Contact with Us
SUBSCRIBE TODAY!
Subscribe to our weekly Newsletter and receive updates via email.
Others..

Others..


Disclosure Our mission is to give people ability to show only best search results and reviews. Because of that we provide you with a huge choice of results, reviews, best-tasting video games and apps, gaming news , shopping and much more. Please note that we are not affiliated with any game or app software developer unless specified otherwise. All the games and apps software you can find in our catalog or search results are genuine and has not been modified in any way.

Usmook.com
Group Network. This site is optimizated for

usmook.com 2015© Gowa internet mobile SL VAT ID: B87495891. All Rights Reserved. TOS | Contact | About us | We use cookies for our sercices. If you use this web, you accept the T&S. More information
By using our services you accept the use of our own cookies and third-party partners More information Close