Monday, April 15, 2024

Paypal Fact Sheet

Ullapool PayPal Fact Sheet Supporting our Businesses

PayPal and your Business

PayPal’s Description

(Over 40 million member accounts worldwide)

Perfect Way For Visitors To Pay For There Accomodation Up Front No Hassle

“PayPal allows any business or consumer with an email address to securely, conveniently and cost-effectively send and receive payments online. Our network builds on the existing financial infrastructure of bank accounts and credit cards to create a global, real-time payment solution. We deliver a product ideally suited for small businesses, online merchants, individuals, and others currently underserved by traditional payment mechanisms.

The size of our network and widening acceptance of our product have helped us become the leading payment network for online auction websites, including eBay. PayPal is also being increasingly used at other e-commerce sites for the sale of goods such as electronics and household items, the sale of services such as web design and travel, and the sale of digital content. Offline businesses, including lawyers, contractors, and physicians, have increasingly begun to receive payments online through PayPal. PayPal’s service, which lets users send payments for free, can be used from PCs or web-enabled mobile phones.

PayPal (Europe) Ltd is a private limited company incorporated in England. PayPal Inc. (which is a parent company of PayPal (Europe) Ltd) was acquired by eBay in October 2002, and is located in California, USA. PayPal is the 2002 SIIA Codie Awards winner for “Best eCommerce Solution” and is recognized by PC Magazine as one of “The Top 100 Web Sites.”

PayPal offers three types of accounts: Personal, Premier, and Business

ALL accounts include these basic features:

Core Features:

  • Send Money
  • Request Money
  • Auctions Tools
  • Website Payments
  • Money Market
  • Virtual Debit Card
  • Account Insurance
  • Downloadable Log
  • Email-based customer service

Premium Features

  • All the Core Features
  • Do business as yourself, under a corporate name
    or group name
  • Accept unlimited credit card payments
  • Payment Receiving Preferences
  • Subscriptions
  • Mass Payments
  • Multi-User Access *For Business Accounts
  • Advanced Downloadable Logs
  • PayPal Shops
  • Seven day-a-week freephone customer service


So what are the differences?

Personal Account
  • Send money for FREE
  • Receive money for FREE (non-credit card payments only)
  • Can upgrade to a Premier account at any time
Premier Account
  • Send money for FREE
  • Receive any type of payment, including credit cards, for low fees
  • Exclusive customer service hotline seven days a week
  • Special tools for sellers
Business Account
  • Includes all the features of Premier accounts
  • Do business under a corporate or group name
  • Can have Multiple Logins


Is PayPal secure?

Yes. PayPal uses SSL technology to keep your information safe. In addition, when you send a payment using PayPal, the recipient won’t receive sensitive financial information like your credit card or bank account number. This way, you don’t have to worry about paying people you don’t know.

What Type Of Service of Product Can I Use PayPal For?

The Options are endless below are just a few of the websites we have seen using paypal;

  • Accomodation
  • Training Courses/lessons (where regular monthly or weekly fees apply)
  • Tickets for concerts and events
  • All Types of Merchindise, Books, Clothes, CD’s, Art and Crafts, Furniture, Tools, Plants,
  • Website Design or Services
  • Rental Charges for Equipment, Conference Rooms, Caravans, Flats, Houses, Car Hire,

Get Your Premier or Buisness Account Free Now and Explorer What PayPal Can Do For You

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