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Showing posts with label paypal. Show all posts
Showing posts with label paypal. Show all posts

August 6, 2015

How PayPal has revolutionized online shopping

" power of paypal and online shopping"

There can never have been any doubt that the introduction of online shopping was going to completely revolutionise the retail and sale industry. However, no one could have quite predicted the extent to which the industry was going to boom. So, what is the reason behind online sales becoming so popular? In addition to the relative ease of online shopping, many people are now beginning to think that the rise may be down to the invention of PayPal. Why would PayPal be responsible for the boost in online shopping? Well, for a start, there is the obvious answer – safety. Whilst online shopping offers some great avenues in terms of convenience, it is certainly less safe than buying things in a store. 

With PayPal, you have the extra security to make sure you your details, and your cash, is protected. That means that people who use PayPal are able to take advantage of the convenience of online shopping whilst also enjoying the security of an eWallet. 

Meanwhile, PayPal is more convenient than other online payment methods, such as pre-paid top up cards, because you can transfer funds instantaneously from your account. Therefore, with PayPal, consumers get to enjoy the very best of both worlds, which means that more consumers are likely to use online shopping and gambling, therefore boosting overall sales.
Of course, there are a couple of problems with PayPal, the main one being that they often charge you a transaction fee when you are moving your funds around. You do not need to worry about this when using a credit card, usually, although many would argue that the price of safety is worth it.

As more consumers switch to PayPal – and PayPal is undoubtedly the biggest ecommerce service available to use online – more and more retailers and sellers are in turn incorporating PayPal on to their site. Given that even just having a PayPal symbol on your homepage can increase your conversion rate, it’s certainly a very smart move for retailers to incorporate and advertise the service on their site.
And so, as you can see, the rise of shopping online goes hand in hand with the rise of PayPal, and in  turn as more sites offer PayPal, the service’s popularity increases, which in turn encourages even more sites to offer the service. The sites get the increased revenue and the consumers get the increased payment options – so ultimately everyone wins, and we end up with an overall increase in online shopping. There are many different sites available online which offer PayPal, including most online shopping sites, and also many online gambling sites such as
If you want to be able to use PayPal yourself for online shopping, then making an account is very easy. All you will have to do is sign up with your name and email address. Why not make an account today and you can start using your account to pay for things online.

July 21, 2015

income level in the United States vs education : chart of the day

"he chart above shows the payoff between education and salary level"

Source: College Board
Date Verified: 6.18.2013

What is the correlation between education and your ability to earn money. How many college dropouts across the world have managed to  " make it big in life" with a billion dollar enterprise in their names.

The chart above shows the payoff between education and professional career, it compares the salary/wages/earnings to your education background. While the chart clearly shows they are directly propotional, with increasing education, you tend to earn more.

However not all agree. PayPal Co-Founder Peter Thiel, claim that college just isn't worth it in the age of startups. He's giving 20 bright young people $100,000 each to start a company instead. .

Hear are a few people who has bucked the trend and have achieved fame despite being college dropouts. apart from Steve Jobs, Zuckerberg and Bill Gates 

  1. Matt Mullenweg started WordPress, which now powers 16% of the web. 
  2. Arash Ferdowsi ,co-founder of DropBox, estimated $4 billion,  dropped out of MIT. 
  3. Aron Levie started Box, which has an estimated valuation of $3 billion. 
  4. David Karp founder of Tumblr,  never even graduated high school
  5. At age 19, Pete Cashmore , launched the tech site Mashable and never attended college  

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November 10, 2011

State of Mobile Payments: PayPal Processing $9000 Per Minute

ayPal and eBay have come out with new infographics today to show just how well the companies are doing in the mobile realm. It is really kind of ostentatious actually. PayPal specifically realizes that it has lost a lot of the consumer mindshare in mobile payments with everybody talking about how NFC may or may not change how payments fundamentally work.The Latest Infographic on EBay and PayPal shows PayPal is Processing $10,000 in Mobile Payments Per Minute 

During the Holiday season 2010 PayPal, the payments unit of online marketplace eBay Inc., says its mobile payment volume rose 300% between Nov. 15 and Dec. 15 compared with the same period last year. According to Internet Retailer For Dec. 18-19, mobile payments rose 279% compared with the period in 2009, PayPal says. And PayPal reports mobile payments rose 310% the day after Thanksgiving, also known as Black Friday, compared with Black Friday 2009.

Those figures put PayPal on track to reach $700 million in mobile payment volume for 2010, up from $141 million last year. That figure would top PayPal’s parent eBay’s total mobile sales of $600 million for last year, although eBay projects mobile sales volume of $1.5 billion in 2010.

January 27, 2011

PayPal UK Cross Country Transactions :Infographic

The official PayPal UK blog, “Let’s Talk” has an interesting infographic up today that breaks down cross-border transactions across key global regions.he top exporter is China with 90% of the PayPal transactions being cross-border transactions.
The UK has a  22% cross-border transaction rate and,  trading partners being the rest  of Europe and the USA.

A PayPal account can be funded with an electronic debit from a bank account or by a credit card. The recipient of a PayPal transfer can either request a check from PayPal, establish their own PayPal deposit account or request a transfer to their bank account.

PayPal performs payment processing for online vendors, auction sites, and other commercial users, for which it charges a fee. It may also charge a fee for receiving money, proportional to the amount received. The fees depend on the currency used, the payment option used, the country of the sender, the country of the recipient, the amount sent and the recipient's account type. In addition, eBay purchases made by credit card through PayPal may incur extra fees if the buyer and seller use different currencies
On October 3, 2002, PayPal became a wholly-owned subsidiary of eBay.Its corporate headquarters are in San Jose, California, United States at eBay's North First Street satellite office campus. The company also has significant operations in Omaha, Nebraska; Scottsdale, Arizona; and Austin, Texas in the U.S., Chennai, Dublin, Berlin (near Berlin) and Tel-Aviv. As of July 2007, across Europe, PayPal also operates as a Luxembourg-based bank.

On March 17, 2010, PayPal entered into an agreement with China UnionPay (CUP), China's bankcard association, to allow Chinese consumers to use PayPal to shop online.PayPal is planning to expand its workforce in Asia to 2,000 by the end of the year 2010.

Between December 4–9, 2010, PayPal services were distrupted due to denial-of-service attacks organized by Anonymous in retaliation to PayPal's decision to freeze the account of WikiLeaks citing terms of use violations over the publication of leaked US diplomatic cables