Paypal is one of the means of payment (Payment procesors) to use the internet the most used and teraman world. Internet users can buy goods on ebay, original software licenses, membership sites, business affairs, send and receive donations / contributions, send money to other PayPal users around the world and many other functions easily and automatically using the internet, PayPal overcome deficiencies in the delivery money as a traditional check or Money order process that can take PayPal as a bank account, you first create an account, then fill out the account with funds from a credit card or transferan funds from paypal account to another paypal balance you, and you can use your account PayPal for the deal.
Feb 2008 Paypal has received 190 countries and 16 currencies, PayPal users still have to use the U.S. dollar as a matter not in the rupiah PayPal.


History Paypal
Company Paypal (Paypal corp.) Now known as the merger is between the company and Confinity X.com in 2000. Confinity was established in December 1998 by Peter Thiel and Max Levchin, initially as a means of payment as the Palm Pilot and the company kriptograpi (cryptography, writings or figures secret), while X.com was founded by Elon Musk in March 1999, the company financial planning services. The two companies first location in the office is 165 University Avenue in Palo Alto, California, home to some beginners in the Silicon Valley.
Ebay to see the development of the use of Paypal and Paypal match concluded as one of the instruments of payment on ebay. May 1999 on ebay and buy Billpoint make Billpoint as a means of payment at that time the main ebay Billpoint and create a special tool just for the payment only on ebay, so Paypal only appear several times as a means of payment option on ebay than Billpoint. But as more people like Paypal because it easy and more secure in the February 2000 average there are 200,000 items per day is preferred to use Paypal Billpoint while only 4000 bid. April 2000 on more than 1 million preferred using Paypal.

Acquisition by ebay
In 2002 ebay acquired Paypal of U.S. $ 1.5 billion. Paypal has been previously used as a means of payment favorite with more than 55% of ebay users and the other means of payment at the time ebay Billpoint. Ebay finally remove Billpoint services to strengthen the brand for Paypal ebay. Many major rival Paypal finally be sold or go bankrupt, Citibank c2it close at the end of 2003, Yahoo PayDirect close at the end of 2004, Western union service BidPay announced the closing in 2005 and sell at CyberSource Corporation in 2006. Other rivals such as Paypal and Moneybookers Kagi still survive until now.
In the first quarter 2006 total transactions through Paypal U.S. $ 8 billion, increased 41% from year to year. Company to keep the focus on international development and the improvement in the merchant services division, and provides a means of payment for online ebay user.


Protection security deal
Protection policy is written to use the PayPal buyer states that the buyer can use PayPal to complaints within 45 days if the buyer has not been getting the goods ordered or if goods ordered does not fit that description please let the seller. If the buyer uses a credit card will get a refund chargeback from credit card company PayPal also protects the seller's refund or complain that fabrication of the buyer depends on the situation and verification. The policy is written to the seller protection is designed to protect sellers from buyers who claim that has been sending the money there is no record evidence of payment and transaction records, each purchase using the PayPal notes always have proof of payment in the PayPal account the sender and the recipient of the money, as evidence if there has been correctly money between them.

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