Use Paypal as a shopping cart ECommerce Articles | April 3 Cheap Arden Key Jersey , 2007 Paypal is probably the most commonly used and popular mechanism for accepting payments for electronic goods as well as tangible products available today on the Internet.
It is not without its problems though, as we will see.
But let?s take a look at Paypal, warts and all, to see why it is still the best way to accept payments for your goods.
Paypal is owned by EBay, and not surprisingly therefore Cheap Brandon Parker Jersey , EBay therefore encourages the use of Paypal as a payment processor. If you buy or sell anything on EBay, you might also be asked periodically if you would like to sign up for a Paypal account. People who are unwilling or unable to get a Paypal account are often at a disadvantage when it comes to EBay auctions, since there are a lot of sellers who only accept Paypal payments, and a lot of buyers who are only prepared to make payments using Paypal.
But what is Paypal? How does it work?
Paypal does not offer a banking account or a merchant account. This is important to realize since it does govern the way that Paypal manages your money. More about this issue a bit later. Paypal offers the following features:
It offers a Paypal account holder the ability to make payments to other Paypal account holders, through either using funds already available in their Paypal account Cheap Johnny Townsend Jersey , or by using funds from your Credit Card account, or using funds from your Banking account. Conversely then, if you are a Paypal account holder, you can receive money into your Paypal account, from where you can withdraw it to your Banking account or use it to make other Paypal purchases. You can also sometimes use your Paypal Debit Card to withdraw funds. Paypal makes it easy for their account holders to accept payments by offering them merchant tools such as ?Buy Now? buttons Cheap P.J. Hall Jersey , and shopping cart facilities.
Paypal claims to have about 120 Million users worldwide and it is definitely the easiest way on the Internet at the moment to accept payments. It also offers multi-currency payments in the following currencies: CHF, CZK, DKK, HKD, HUF Cheap Kolton Miller Jersey , NOK, NZD, PLN, SEK, SGD.
But Paypal is not without its problems ? let?s take a look at some of the potential problem areas.
Because Paypal is a privately owned company Cheap Antonio Brown Jersey , it is not ruled by any Federal Banking Regulations. This means that they can freeze an account and hold on to the funds in the account with no explanation if they suspect any fraudulent activities. With a customer base of that size one has to understand that they should be very careful when it comes to potential fraudulent activity, however, detractors of Paypal will argue that Paypal often freezes accounts with little reason and leaves very little recourse for the account holder. Even though Paypal claims that they operate in 103 countries, there are only 21 countries where Paypal Account holders can withdraw money into their own banking accounts. There are 14 countries where account holders can withdraw money to a US Bank account (or in some cases request a USD based check). And the rest? Well these countries sit in the unfortunate situation where they can make payments, but they cannot receive payments. In other words Cheap Hunter Renfrow Jersey , the majority of countries whose citizens have Paypal accounts can not use the merchant tools such as ?Pay Now Buttons?, nor the Paypal Shopping carts, to receive payments. And after 911 and the implementation of the Patriot Act, it is also very difficult for non US citizens to obtain a US Bank account.
Despite these problems, the advantages easily outweigh the disadvantages. Let?s look at the advantages:
Paypal is popular and even with its problems Cheap Foster Moreau Jersey , instills confidence in buyers. Paypal has a good recordkeeping system for buyers and sellers to keep track of transactions. Paypal offers secure payments since the merchant never sees the shopper?s credit card details. Paypal?s money transfer system is instantaneous. Ease of use ? Paypal makes it easy to accept (and spend!) money. Because your credit card and banking accounts are directly linked to your Paypal account, when you make a purchase with Paypal you do not need to directly enter your credit card details online. This makes buying easy and might persuade even ?lazy shoppers? to buy.
In summary therefore, one of the easiest ways to collect your money for selling your product online these days is to use Paypal. Now, to only get a way of easily integrating with that Paypal Shopping cart!
IF you鈥檙e a business owner looking for ways to develop your enterprise with effective business tools, you might want to consider a PBX or private branch exchange. A private branch exchange is actually a special telephone system that enables you to manage call traffic inside a given service area. Expanding businesses that have numerous employees spread over a wide workplace area might want to consider acquiring this kind of phone system to help boost productivity by way of proper call management.
A private branch exchange is composed of a switchboard and a set of devices that serve as the branches of the network. Depending on your preference as the owner Cheap Isaiah Johnson Jersey , you are able to assign a branch to each and every department or employee in your firm phone method. The switchboard is accountable for all the call routing and transferring that the system performs, while the branches are waiting to receive calls routed to them. The switchboard also makes it attainable to have inter-device communication inside the network with no compromising the outside line. This means that even when your branches are communicating, the switch can nonetheless accept calls from outside the network.
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