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PayPal is the most widely recognized and respected independent third party company, based in the United States, which specializes in processing online credit card transactions. PayPal is the largest and most respected online payment processor on the Internet with well over 8 million users.
Many people are hesitant to provide credit card information over the Internet. PayPal provides a secure server (SSL) so your transaction is safe, but moreover, when you make a purchase through a PayPal merchant, you have additional security because only PayPal, not the merchant, is provided with your credit card information.
Additional Features of PayPal
1. Buyer Protection Guarantee
Purchases made through the PayPal service are protected against fraud when you purchase goods from a Verified Seller and do not receive the promised goods. You are entitled to a refund if you do not receive the goods from a Verified Seller. Buyers are protected up to a total of $5000 per year for fraudulent transactions.
2. Free Automatic Account Insurance
SafeWeb Insurance automatically protects your PayPal account against unauthorized withdrawals for up to $100,000. This is your assurance that your money is safe and secure. And best of all, the insurance is free with your PayPal account.
3. $5 Bonus for Signing Up
After completing the registration requirements PayPal will add $5 to your account just for signing up. |