Monday, 22 February 2016

Assignment #2: PayPal



PayPal offers two different "merchant accounts" specifically for small business owners. It is completely free to set up a normal account. The Website Payments Pro account costs $30 a month and allows consumers to complete their transaction on your website – a small cost for promoting unique brand awareness. With either type of account an internet merchant receives a variety of extra features. PayPal is used by 179 million active users, and is extremely popular mostly everywhere.
PayPal states it is their top priority to keep your information, transactions, and money safe & secure. 
"Once your information reaches us, it resides on a server that is heavily guarded both physically and electronically." - PayPal
 PayPal has a "Buyer Protection Program" and it states: "If your order doesn’t arrive or match the seller’s description, you have 180 days to raise your concerns with us, so our Buyer Protection Program can help you.

Here are some scenarios:

- You received a completely different item.

- You purchased two items, but received one.

- An item is defective but not immediately obvious.

- You bought the original, but received a counterfeit."
 
  So, if you purchase an item from another country, it has your back, and you're protected.
If I were to start an online business, I definitely would allow a payment from the use of PayPal. I just think it is probably the safest way to do your online purchasing.

  I prefer PayPal above any other method, mainly because it is something I am more familiar with than any other method out there. PayPal also confirms the safety of your info, transactions, money, etc. 

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