What is Paypal.com?
According to their website, Paypal builds on the existing financial infrastructure of bank accounts and credit cards to create a global, real-time payment solution. They deliver a product ideally suited for small businesses, online merchants, individuals and others currently underserved by traditional payment mechanisms. They seek to become the global standard for online payments, offering their service to users in 37 countries including the United States. Paypal has over 12 million registered users, including more than 2.2 million business accounts. Their account base is growing by an average of 18,000 accounts per day, with virtually no traditional sales or marketing. Some recent awards include: PC Magazine’s Top 100 Websites, Time Magazine’s Best Cybertech 2000, and Forbes’ Favorite Paying by E-mail.
