Successful E-Business Systems: PayPal :: essays research papers

SUCCESSFUL E-BUSINESS SYSTEMS - PAYPAL ABSTRACT PayPal is an account-based system that allows anyone with an email appeal to publicize and receive online payments. This military service is easy to use for customers. Members can like a shot send silver to anyone. Recipients are informed by email that they turn out received a payment. PayPal is also available to people in 38 countries. This paper starts with introduction to the company and its services. The learning active the history and the electric current company situation are covered. Later some interesting and diametric technical issues are discussed. The Paper ends with analysis of the company and several emerging recommendations. KEYWORDS PayPal, Payment Systems, E-business, Money Transactions, PayPal Analyses. TABLE OF CONTENTS 1. Introduction 2. PayPal as e-Business 3. technological Issues 4. Analysis (of PayPal as e-Business) 5. Conclusion 6. References 1. INTRODUCTION 1.1 - PayPal A Popular companionship This paper is about a company called PayPal. First I go forth touch the general information about the company, then provide information about several details and finish with several useful forthcoming recommendations. PayPal (formerly X.com) that was founded in 1998 belongs to an Electronic Payment Systems, more precisely to Generic Systems subgroup. It is hardened in San Jose and carries out services that provide the possibility of send and receiving money by room of computers in an easy, secure and fast way development 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 conductred, a message is sent to the liquidators email address notifying about the transaction. At the same condemnation certain security measures are taken during these operations. One can even-tempered charge his or her account without having an electronic card, using the bank transfer or a paycheck. Transferring money is as easy a s sending an email for customers. Page 22 (Fig.1, What is PayPal, retrieved on February 15 th , 2004 From PayPal Developer Conference Keynote, Alex Kazim, VP Marketing, 05/08/03. Data available on http//paypaldev.org/ ) In 2002, PayPal was acquired by eBay. It has speedily become popular. Today the company offers services in thirty-eight countries and has about forty million customers for today. In most of these countries it supports bank withdrawal service and is especially popular among eBay customers. Fig.1 briefly illustrates Companys business. The system enables its users to send money, using computers. The same can be done by means of mobile phones that are support Web.