1.0 Introduction ………………………………………………………………………………..2
2.0 The history of success ……………………………………………………………………...3
3.0 PayPal – increasing to globalization ………………………………………………………5
4.0 Why our choice is PayPal? Do you use PayPal? ................................................................6
5.0 Conclusion ………………………………………………………………………………….8
6.0 References …………………………………………………………………………………..9
1.0 Introduction
The payment system PayPal is now one of the most famous and sought-after on the Internet. Its main difference is that it does not work with the title characters and the electronic equivalent of a currency, but with real money. PayPal is a kind of financial instrument that connects the plastic, credit card or any bank account with a user account on the system, which makes it possible at any moment to replenish their balance in the system, to make any payments, withdraw money.
1.0 The history of success
PayPal - is the largest electronic money system in the world designed to make payments on the Internet. PayPal is making it possible for users to make their money into your account using a mobile phone connected to the Internet. In 1998, Max Levchin, Luke Nosek, and Peter Thiel founded the company Confinity, whose task was to develop cryptographic applications that might be used in the implementation of electronic payment transactions using mobile phones. This project is interested in several investors - Deutsche Bank, which has invested in the project, is $ 1.5 million, and Nokia Ventures - they implemented an infusion of $ 3 million. In 1999, Elon Musk founded the company X.com Corporation, which was engaged in a variety of financial services on the Internet. Considering the needs of the market, the developers of the company is mainly focused on the creation of an electronic payment system via e-mail. In November 1999 there was a merger of the two companies - X.com Corporation and