Features of the system PayPal

Today, everyone wants to make your life easier and save time and money. To do this, we need systems and programs to ensure the ease and speed of transaction. The main criterion for the choice of payment system for goods and services is definitely the reliability of the deal, which is ensured by its guarantors with a proven track record.

What features of the system PayPal? Firstly, it is the most simple and convenient, and reliable way to buy and sell goods over the Internet. Secondly, it is an easy and affordable way to transfer money from one person to another. With this system you do not need to go to the post office to spend the time and money, and to send money and make purchases becomes simple and fast. All you need is email address open your real name and surname, a good password, bank card and phone number to contact you. Register in PayPal is free and will not take much of your time. Sending payments is also free of charge. PayPal commission charged with the payee, the amount of which depends on the recipient country and the type of account. Commission for accepting payments on average is 1.9 % of the payment amount. Sign up as an individual or a company. After that you will be available the following services:

- Remit payment (Send Money). You can transfer money from your account in the payment system to the recipient who does not have account with PayPal, knowing only his email address.

- Making a request for payment (Money Request). By using this service, you can send your customers a letter in which billed for services rendered or goods. This may be a mass mailing.

- The owners of Premier and Business accounts will be able to post on its Web-site special tools for receiving payments (Web Tools).

- Tools for auction sales (Auction Tools). PayPal payment system provides two types of services: automatic distribution of requests for payment (Automatic Payment Request) and the possibility of paying for goods auction winners directly from Web-site auction (Instant Purchase for Auctions).

The main feature of PayPal Inc. is guarantee of the transaction, which is carried out by means of regulatory bodies governing the activities of banks and financial institutions in 29 states. User accounts in the system are denominated in US dollars and are insured by Safe Web Insurance for a total of $ 100 000 of US against unauthorized withdrawals. Reserved in the system means users PayPal, are stored in bank accounts Wells Fargo.

One of the tools to ensure the safety of PayPal is the point II.3 User Agreement, which states: "You agree to provide true, accurate and complete registration information about yourself." For greater security, electronic payments and fraud protection by PayPal can get the status of proven (Verified) a member of the payment system. To do this, go through the simple procedure of identification of your bank account.

Collaborate with the same proven user and enjoy all the benefits of PayPal.