PayPal


Founded in 1998, PayPal, an eBay Company, is akin to an online (Internet) banking service. It enables any individual or business with an e-mail address to securely and quickly send and receive payments online. PayPal’s service builds on the existing financial infrastructure of bank accounts and credit cards and uses the world’s most advanced proprietary fraud prevention systems to create a safe, global, real-time payment solution. Located in San Jose, Calif., PayPal was acquired by eBay Inc. in October, 2002.

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    Pages on the PayPal Web site that merchants and online sellers can access to create HTML code for PayPal that can be copied and pasted onto their own Web site. The Button Factories include single-item purchases, donations, subscriptions, Buy it Now and also multiple item, purchases which include PayPal Shopping cart.

  • PayPal SMS Security Key

    A service that enables PayPal customers to use their mobile phones to authenticate transactions through a service that lets customers use SMS messaging to get a randomly generated access code to log into their accounts. The PayPal SMS Security Key is an extension of PayPal’s current Security Key service, which uses a hardware token. However, […]

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