Successful E-Business Systems - Paypal Essay
International University in Germany
Supervisor: Prof. Keiichi Nakata
PayPal is an account-based system that allows anyone with an email address to send and receive online payments. This service is easy to use for customers. Members can instantaneously send money to anyone. Recipients are informed by email that they have received a payment. PayPal is also available to people in 38 countries. This paper starts with introduction to the company and its services. The information about the history and the current company situation are covered. Later some interesting and different technical issues are discussed. The Paper ends with analysis of the company and …show more content…
Auction Tools there is some source code available for free from other developers. PayPal provides developers website and discussion forums where one can get help about development issues. Business customers can add conventional shopping card functionality that is already provided by PayPal.
Some businesses need to make high volume payments to their customers or suppliers. For this case, Mass Pay functionality is provided. One can just upload a text file of special format that includes information about the amount of money and recipients information and PayPal will batch this payments and process them automatically. It is important to note that PayPals Merchant tools support multi-currency property.
What is PayPal debit card about?
One can request a PayPal ATM/Debit Card and use it to make payments everywhere the MasterCard or Cirrus logos are, or even withdraw the money from an ATM. Unfortunately, as mentioned already, the Debit Card is only available to a limited number of Verified Canadian members at this time.
2.2 - Profitable Business
The company gets most of its money from the services and