Archil Avaliani
International University in Germany
Supervisor: Prof. Keiichi Nakata
ABSTRACT
PayPal is an account-based system that allows anyone with an email address to send and receive online payments. This service is easy to use for customers. Members can instantaneously send money to anyone. Recipients are informed by email that they have received a payment. PayPal is also available to people in 38 countries. This paper starts with introduction to the company and its services. The information about the history and the current company situation are covered. Later some interesting and different technical issues are discussed. The Paper ends with analysis of the company and several future recommendations.
KEYWORDS
PayPal, Payment Systems, E-business, Money Transactions, PayPal Analyses.
TABLE OF CONTENTS
1. Introduction
2. PayPal as e-Business
3. Technical Issues
4. Analysis (of PayPal as e-Business)
5. Conclusion
6. References
1. INTRODUCTION
1.1 - PayPal A Popular Company
This paper is about a company called PayPal. First I will touch the general information about the company, then provide information about several details and finish with several useful future recommendations.
PayPal (formerly X.com) that was founded in 1998 belongs to an Electronic Payment Systems, more precisely to
Generic Systems subgroup. It is located in San Jose and carries out services that provide the possibility of sending and receiving money by means of computers in an easy, secure and fast way using an account-based system. This can be done by anyone (a private person or legal entity) who has an email address. When the money is transferred, a message is sent to the recipient's email address notifying about the transaction. At the same time certain security measures are taken during these operations. One can still charge his or her account without having an electronic card, using the bank
References: year sales growth was 134% ($236.6) and one-year employee growth was 94.2% (1200 employees). 1.2 - Type of the Business