PayPal
We use PayPal gateway for its ease of use, international exposure and
flexibility for both end users and businesses alike.
PayPal is an American-based global e-commerce business allowing payments
and money transfers to be made through the Internet. Online money
transfers serve as electronic alternatives to paying with traditional
paper methods, such as checks and money orders.
Originally, a PayPal account could be funded with an electronic debit
from a bank account or by a credit card at the payer's choice.
As of 2011 PayPal operates in 190 markets and manages more than 232
million accounts, more than 100 million of them active. PayPal allows
customers to send, receive, and hold funds in 24 currencies
worldwide.[32] These currencies are the Australian dollar, Brazilian
real, Canadian dollar, Chinese renminbi yuan (only available for some
Chinese accounts, see below), euro, pound sterling, Japanese yen, Czech
koruna, Danish krone, Hong Kong dollar, Hungarian forint, Israeli new
sheqel, Malaysian ringgit, Mexican peso, New Zealand dollar, Norwegian
krone, Philippine peso, Polish zloty, Singapore dollar, Swedish krona,
Swiss franc, New Taiwan dollar, Thai baht and U.S. dollar. PayPal
operates locally in 21 countries. Residents in 194 markets can use
PayPal in their local markets to send money online. |
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