PAYPAL WEBSITE - www.paypal.co.uk

 What is PayPal?

 PayPal enables any business or consumer with an email address to securely, conveniently and cost-effectively send and receive payments online. Our network builds on the existing financial infrastructure of bank accounts and credit cards to create a global, real-time payment solution. We deliver a product ideally suited for small businesses, online merchants, individuals and others currently underserved by traditional payment mechanisms.

We seek to become the global standard for online payments, offering our service to users in 45 countries. We have over 40 million registered users, including more than five million Business accounts. Our account base is growing by an average of 28,000 accounts per day, with virtually no traditional sales or marketing.

The size of our network and widening acceptance of our product has helped us become the leading payment network for online auction websites, including eBay. PayPal is also increasingly being used at other e-commerce sites for the sale of goods such as electronics and household items, the sale of services such as web design and travel, and the sale of digital content. Offline businesses, including lawyers, contractors and doctors, are increasingly using PayPal to receive payments online.

Founded by Peter Thiel and Max Levchin, PayPal has its headquarters in San Jose, California. PayPal is the 2002 SIIA Codie Awards winner for "Best eCommerce Solution" and is recognised by PC Magazine as one of "The Top 100 Web Sites."

 How does PayPal work?

 PayPal can be used to send and receive payments through the Internet. Once you sign up for PayPal, you can send money to anyone with an email address using money from your PayPal balance or another funding option of your choice, such as a credit card, debit card or your bank account. Recipients are then notified via email that they have received a payment from you.
 

 Why should I use PayPal?

 PayPal is far less time-consuming than going to the bank or writing and posting paper cheques. And unlike cheques, which can take days to clear, PayPal transactions clear instantly.
 

Is PayPal secure?

Yes.PayPal uses SSL technology to keep your information safe.In addition, when you send a payment using PayPal, the recipient won't receive sensitive financial information like your credit card or bank account number.

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