Online Payment Systems

Online Payment Systems

No one doubts the technological revolution that has triggered the massive use of Internet, we can even claim to have changed the buying habits of millions of people around the world. Because of this technological boom is increasingly common to use online banking services, to the extent that virtual banks have emerged without physical offices that allow transactions to anywhere in the world through the Net One of these companies emerged to meet the needs of consumers and merchants is PayPal. The company allows its users to make payments and receipts instantly. People who engage in online transactions, such as e-Bay, Paypal usually found in the ideal way to carry out their business. Therefore, it is increasingly common for more electronic stores that accept PayPal as another form of payment.

The online payment system is extremely simple: when the user wants to pay, simply enter an e-mail and charges the seller. PayPal then withdraws the money from the user’s account and transfers it to the seller, if the money from Paypal account does not cover the total amount Paypal charges the difference to the credit card associated. So far it seems that there are only advantages, but there is as little seven fundamental reasons why we do not recommend using Paypal: 1 – Paypal is NOT a bank, is a private company that provides financial services and is not supported by any banking system, Paypal bankrupt if you lose your money. 2 – Under the terms of service Paypal, the user make the resignations of reimbursement claims for fraudulent or unauthorized use of your credit card.

Comments are closed.