26 Aug 10 About PayPal

PayPal (http://www.paypal.com) is an eBay company, offering service to users in 55 countries including the United States. They have over 25 million registered users, including more than 3 million business accounts. PayPal is the most popular online Payment Gateway choice, and is the easiest Payment Gateway to use. It has a free sign-up and you can be up and running with a PayPal account within no time at all. PayPal accepts members only from a given set of countries, and it is important to note that members outside these countries will not be allowed to transact at all, using PayPal.

PayPal has three types of Accounts – Personal, Premier and Business. You need to have a Premier or Business account in order to be able to integrate your PayPal account with our system.

Sign-up for a Business/Premier Paypal Account at https://www.paypal.com/cgi-bin/webscr?cmd=_business-register. Follow their steps to activate your Account and confirm your Membership.

You are advised to browse through the PayPal documentation, policies and interfaces in detail before attempting to integrate the same with our System. The specific items you ought to check with PayPal are

Cost of RECEIVING Payments via PayPal
Withdrawal Fees and Countries supported
Tracking Payments
Limits on Sending/Withdrawal/Receiving
Chargeback Policy of PayPal

IMPORTANT

Using PayPal, you would be able to accept funds from only 55 countries. The complete list of these countries is available at http://www.paypal.com/cgi-bin/webscr?cmd=_display-approved-signup-countries-outside.

Some of the useful links are listed below -

Help: https://www.paypal.com/cgi-bin/webscr?cmd=_help&source_page=_profile-summary

Business Resource Center – http://www.paypal.com/cgi-bin/webscr?cmd=p/sell/small-biz-intro-outside

Manuals and Demos – http://www.paypal.com/cgi-bin/webscr?cmd=p/sell/small-biz-manuals-demos-outside

PayPal Developer Network (PDN) – http://www.paypal.com/cgi-bin/webscr?cmd=p/pdn/intro-outside

List of countries where PayPal accounts are available – http://www.paypal.com/cgi-bin/webscr?cmd=_display-approved-signup-countries-outside

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