Pal billing. What is PayPal and how to use it: from A to Z

PayPal- an international payment system with which you can pay for purchases on the Internet.

To date, PayPal operates in almost all countries of the world, payments are made in 20 major world currencies. In Russia, the company does not provide services for sellers, but buyers can make transactions through PayPal using bank cards of world payment systems, such as Visa or MasterCard.

This approach provides the buyer with a greater level of security, since the details are transferred not to a little-known store, but to a globally recognized payment system and already she makes further calculations.

Another advantage of using PayPal is that the bank card information can only be entered once and then stored in the user's profile. Thus, when performing calculations with another outlet online, you won't need to fill out the form again.

PayPal provides customers with additional guarantees. If the purchased product is not delivered or it does not match the description posted on the Internet, it is possible to apply to the system for a refund of the amount paid.

No commission is charged from buyers when paying for goods or services. Upon receipt of money, it is taken from the seller - depending on the total volume of transactions.

At the same time, payments using PayPal also have certain disadvantages, for example, you can mention the difficulties in obtaining a chargeback using your bank.

Since October 11, 2011, PayPal has provided users from Russia with the opportunity to accept payments to their internal accounts in the system. Until this day, domestic entrepreneurs and companies have not been provided with a service for receiving payments. That is, now the system can be used both to pay for purchases / transfer funds, and to receive funds to your account, including for the sale of goods and services. But it is not yet possible to withdraw the funds received from an internal account in the PayPal system to a bank or card account opened with Russian financial institutions. This option exists only for accounts opened with US banks.

PayPal dates back to March 2000, when it was created as a result of the merger of Confinity Inc. and X.com. Already in April of the same year, the number of transactions exceeded 1 million, and the company mainly served auctions. It is no coincidence that in 2002 it was bought out by eBay and has been operating as its subsidiary ever since.

The head office is located in the USA. The company is not a bank, but has a license for financial activities in America.

Hello dear friends. Today I will tell you how to use the PayPal payment system, how to register, how to fill out and set up a profile, how to add a bank card, an account, how to create a personal page for receiving payments from all over the world and how to withdraw money from a PayPal account to a bank account.

PayPal is an international payment system available in more than 200 countries, using this system you can pay for purchases on the Internet, make various payments and transfer money around the world. The system ensures the security of payment and assumes a guarantee of return in case of an unsuccessful transaction between the buyer and the seller.

And using convenient mobile app, all monetary transactions can be performed directly from your smartphone or tablet.

Registration

To register in the system, you need to go to the official website https://www.paypal.com and click on the button "Register".

You must enter a valid address to register. Email, create a password and confirm it. Then press the button "Proceed".

On the specified mailbox you will receive a confirmation email. To complete the registration, follow the link provided in the letter.

This completes the registration procedure.

To enter your personal account on home page system, press the button "To come in". Enter your login (mailbox address) and password and you will be in your personal account.

Profile setup

Main page personal account is presented with general information, where you can immediately see recent transactions, account balance, linked bank cards, accounts and a link to withdraw money from the account.

There are also sections presented here, in the form of menu items, which contain all the necessary functions for adding bank cards and accounts, issuing invoices, creating a personal page, and so on.

And to set up a profile, you need to click on the gear image in the right upper corner office.

After going to the settings, fill in the profile data as detailed as possible. This will facilitate in the future many procedures with identification and other security measures.

The settings are presented in four sections. Don't miss any.

It makes no sense to analyze each item in detail, since they are all extremely clear. In the video tutorial I will stop on this and show what's what.

Adding, editing and deleting a bank card

To pay for goods and services around the world using the PayPal system, you do not need to have funds on the system account. It is enough to link a bank card, and you can pay with funds from the card. It's like in, only on a larger scale. At the same time, the system does not charge additional commissions.

For adding bank card you need to go to section "Check".

This section presents the balance, attached bank accounts and bank cards.

Click on the icon "Add card".

Then enter the confirmation code from the SMS and confirm the linking of the card.

Now, when paying, your card will be available for you to choose from.

Also, by clicking on the icon of an attached card, you can edit its data and make a confirmation if you have not done so before.

To delete a map, click on the map icon, then on the link "Verify bank card" and follow the link "Delete".

Adding, confirming and deleting a bank account

So, if you add bank cards to use them when paying, then you need to add a bank account to further withdraw money from your PayPal account.

You can do it all in the same section "Check". But by clicking on the icon "Add bank account".

In the next step, check the data, if everything is correct, then press the button "Proceed".

The account was successfully added and two small amounts were sent to it. This is necessary to confirm that you are the owner of the account. While the account is in the status "Waiting for confirmation".

Transfer can take 2-4 days. Therefore, you need to wait. In my case, the transfer came in 5 days.

When you receive the transfer, you can make an account confirmation. Confirmation will give not only the opportunity to withdraw money, but also increase the limits. This is how you verify your identity. You will also be able to make payments from your bank account.

To confirm, you must either on the main page or in the section "Check" click on the bank account icon. Next, enter two checksums and click on the button "Confirm".

How to withdraw money from PayPal to a bank account

After the bank account is confirmed, you can withdraw money without commission.

To do this, on the main page of the cabinet, just click on the link "Withdraw Funds".

Transfer to a bank account will be completed within 2-4 business days.

How to create a PayPal.Me page and receive payments from all over the world

PayPal has a great opportunity to create your own personal page for accepting payments. Thus, by sharing a link to this page, you make life easier for other members of the system, since it is enough for them to follow the link and make a translation for you.

So, to create your page, you need to go to the section "Send and Receive" and click on the icon "Create a link to a PayPal.Me page".

When you come up with an address for a page, save it and you can go to the address and see what the page looks like.

I got it like this:

If you want to specify the transfer amount, add the desired number to the link.

https://www.paypal.me/zaicev/10

Since the page is created in the currency of the account, there is no need to specify rubles.

But, if they transfer money to you in another currency, this is also not a problem. You can select a currency directly on your page by clicking on the currency button.

As you can see, everything is fast and convenient. I have already received payments for .

And now I propose to watch a video lesson with examples to consolidate the material.

That's all for today, if you have any questions I'll be happy to answer them in the comments. I wish you all good luck and see you in new articles.

Sincerely, Maxim Zaitsev.

The most convenient payment systems. Today we will talk about paypal.

The review was made for the purpose of the article - to acquaint you with the payment system paypal to help make a decision about its use, taking into account its advantages and disadvantages.

paypal- the largest in terms of turnover. And its owner is the world famous trading floor ebay.

Description of EPS paypal

The service, founded in 1998 in the USA by a Russian and an American, allows you to safely, very quickly and conveniently make and receive payments, transfer funds and withdraw money to bank accounts. “A friend helping to pay”, this is how the name of the system is translated from English.

Official site paypal www.paypal.com.

During the first two years of its development, the system showed a phenomenal development, due to which it became of interest and was a company of ebay.

Now paypal processes over 11.5 million payments per day and has 162 million active users in 203 countries. The convenience of the service also lies in the fact that users can hold funds in 26 currencies, including in rubles.

Electronic payment system paypal offers us three types of accounts.

• Personal accounts / Personal. Such accounts can be used for transfers and shopping.
• Premier account / Premier. Allows, in addition to the possibilities of a personal account, to accept money from buyers and customers.
• Business accounts / Business. Option for organizations. Registered on the details of organizations.

Information support of the company is available at:

• by international phone: +353 1 899 8210;
• by phone hotline for Russia: 8-800-333-2676;
• through the 24/7 customer support service on the official website.

The key person in Russia is Vladimir Malyugin, Chairman of the Board of LLC NBCO "PayPal RU". Simply put, Vladimir is the head of PayPal in Russia. He is responsible for ensuring the growth and active development of the business. Prior to joining PayPal, Vladimir was CEO HTC in the Middle East, engaged in marketing and market conquest. Prior to that, Vladimir held similar positions in the Polaroid group and Kodak.

Payment system features paypal

To begin with, it is very easy to link your payment card to the system and in the future receive payments and pay for purchases from it through paypal.

If we talk about the functionality of the system, then everything is traditional here:

• linking Visa, MasterCard, American Express and Discover cards;
• any purchases on the Internet (including exclusivity for ebay);
• accepting payments;
• Money transfers;
• withdrawal of money.

Withdrawal of funds to Russian bank accounts is carried out without commissions and limits.

paypal actively develops relations with online stores and other partners, including Ozon, LaModa, LitRes, Aeroexpress and Odnoklassniki. Thanks to partnerships, customers of this payment system constantly receive offers with decent discounts. So, for example, now you can buy a ticket to a good 5 * hotel in Turkey with a 50% discount.

Payment system security paypal

Payment system paypal implemented such an effective and versatile security system that you can write a separate review about it.

The main points are the division into:

• seller protection program;
• buyer protection program, about which I will quote from the official website:

• If you have not received your order or it is significantly different from the description:
• Go to the Resolution Center and start a dispute. We advise you to wait at least 7 days from the date of purchase before opening a dispute.
• Contact the seller and try to resolve the dispute directly. If you have reached an agreement, you can close the dispute. If you are still not satisfied with the seller's response, you can move the dispute to the claims category. By converting a dispute to a claim, you are asking PayPal to look into the matter and make a decision.
• We will review the claim and if the decision is in your favor, we We will refund the full price of your purchase, including shipping costs..

This is an unparalleled security that can be useful to us when working with . Therefore, the presence paypal in the list of payment partners - this is an additional factor that reduces .

On the technical side of security - everything is also at the highest level. HTTPS protocol with TLS 1.2 and AES_256_CBC encryption.

Benefits of the Pay Pal payment system

• widespread in the world.

So, according to the results of 2014, every tenth dollar spent through the electronic payment system was spent in paypal. Currently, work is underway to integrate the payment system into the Indian economy. Having succeeded in this, the turnover will increase even more.

• Active development in the post-Soviet countries.

The company came to Eastern Europe not so long ago - in 2011. But during this time, the number of partners and customers has already exceeded 5 million. At the same time, the system pleases with low commissions.

• ebay integration

There are very few people who did not use the world's largest online auctions. All payments go through PayPal.

• Safety

Protection of sellers and buyers. The system returns money to buyers in case of default on their orders.

• Convenience

Signing up and accepting money/paying for purchases is really easy.

Video - How to register with PayPal: https://www.youtube.com/watch?v=lLPKOOTFb_Y

I would be grateful for your questions / opinions about the payment system paypal in comments.

I wish you all a profitable investment!

23.05.2015 27.03.2017

If you liked this article - do a good deed

Created in 1998 by former lawyer and financier Peter Thiel and programmer Max Levchin (by the way, a native of the USSR, who emigrated to Chicago in 1991). Thiel and Levchin's project immediately interested investors: for example, Nokia Ventures immediately invested $3 million in the project, and Deutsche Bank - $1.5 million. needed a financial operator that would perform the functions of an online bank, and there were no such structures on the Internet yet.

PayPal went live in November 1999 and was immediately able to attract even more investors, including banks, which invested $23 million in PayPal. The rapid growth of the Internet led to a large influx of users. In a short time, PayPal has over 1.5 million customers and a turnover of $2 million a day!

In early 2002, $900 million worth of PayPal shares were floated on the US stock market. In October 2002, eBay acquired PayPal for $1.5 billion and announced it as its underlying payment instrument. Today, PayPal is the undisputed leader in its field, and none of the competitors could even come close to the number of users and turnover that it operates with. More than 90% of online merchants worldwide accept payment for their goods only through Paypal.

PayPal Inc. is licensed by regulatory authorities for banks and financial institutions in 29 US states. User accounts in the system are denominated in US dollars and are insured by SafeWeb Insurance against unauthorized withdrawal of money in the amount of 100,000 US dollars. User funds deposited into the system are held in Wells Fargo bank accounts.

Registration in PayPal for Russians was opened only in 2006, and Russians were able to fully use the system, including receiving money and withdrawing it to a card or bank account, only in 2013.

Some time ago, PayPal added support for new currencies. In addition to US Dollars, Australian Dollars, Euros, Pounds Sterling, Canadian Dollars, Japanese Yen and Chinese Yuan, the service now handles Czech Koruna, Danish Krone, Hong Kong Dollar, Hungarian Forint, New Zealand Dollar, Polish Zloty, Norwegian Krone, Singapore Dollar, Swedish Krona and the Swiss franc. The project website has a multilingual platform that supports the following languages: English, Spanish, French, Chinese (!) and, which is especially nice, for some time now also Russian.

The Paypal payment system is significantly different from other electronic payment services in that it deals with real money, and not "title units". Paypal offers a financial instrument by which a plastic credit card or bank account is linked to a user's Paypal account, so that at any time you can directly replenish your balance in the system or withdraw money from it.

Paypal has revolutionized the world mobile technology by making instant payments a reality with mobile phone(Paypal Mobile Payments). Users who have connected this service can make payments via SMS without even going to the Paypal website. To do this, just send a text like "Send $20 to [user ID]" to the specified number, dial the confirmation code, and the payment will be sent immediately. However, this happiness this moment may only be available to US residents.

Along with the undeniable advantages, PayPal also has disadvantages associated, admittedly, with the conscientious work of the system's security service. One of the inconveniences associated with this concerns us directly: the Russians are left to look at many of its charms from the outside, since Russian users cannot use its services in full. True, on October 12, 2011, there was, without exaggeration, a huge breakthrough in PayPal relations: if earlier Russians could only pay for purchases and services through PayPal (at an eBay auction, in online stores, services of hosting companies, etc.), now in Russia it is allowed to accept payments. However, Russians are not yet allowed to withdraw them from the system: they can only be spent on online purchases. However, if you, being a citizen of Russia, have a bank account in the United States, then you can transfer money to a card.

“The fact that Russians are subject to restrictions on accepting PayPal payments speaks to the ongoing fear of massive fraud. Our users need to be prepared for the security policy of this company, which allows them to block accounts without formal reasons and explanations,” Petr Darakhvelidze, Director of External Relations of the WebMoney payment system, commented on this fact for CNews. The list of countries that are our comrades in misfortune and countries that are "lucky" can be found on this page. It must be said that it is difficult to expect a different attitude towards Russians, if almost every new topic with a question about Paypal on any Russian-language forum contains a question in whose name to register an account - on your own or on Aunt Rosa from Brazil.

The system is generally known for a series of scandals related to blocking funds on customer accounts or simply freezing accounts if system administrators suspect that the account does not belong to the user. Angry customers even created websites www.paypalsucks.com and www.paypalwarning.com. They house the so-called "Wall Of Shame", which contains "horror stories" told by those who suffered from PayPal. AT paypal protection it can be said that no EPS, except for it, can boast of such an extensive user audience, and the larger the customer base, the greater the absolute number of dissatisfied, and no one keeps such statistics in percentage terms. In addition, the burden of leadership in an industry is heavy on any company when every mistake and miscalculation is made public and dealt with with increased scrutiny.

The reason for such a picky attitude towards customers lies in the fact that the main pillar of PayPal's existence is account security. He helped the company survive for many years. And one of PayPal's security tools is clause II.3 of the User Agreement, which states:

“You agree to provide true, accurate and complete registration information... You agree not to represent any other person or use a name that you are not authorized to use. If any of the information you provide is found to be untrue, inaccurate, inconsistent, or incomplete, PayPal has the right (but is not limited to) to terminate your use of the PayPal services. And PayPal, its agents, suppliers and contractors have the right to require you to pay all costs and losses arising directly or indirectly from inaccurate or incomplete information.

If we study in more detail the complaints about blocking accounts with thousands of dollars on them, then in many cases it turns out that users voluntarily or unwittingly violated these clauses of the User Agreement.

Services provided by PayPal

PayPal offers users the following services:

* Sending payment (Send Money). A PayPal user can transfer a certain amount from his personal account in the payment system, as well as directly from a bank card or bank account linked to a Paypal account.

*Request for payment (Money Request). Using this type of service, the user can send letters to his debtors containing a request for a payment. You can address your letter to both an individual person and a group of debtors.

* Posting on the tool user website for receiving payments (Web Tools). This service is only available to Premier and Business account holders.

*Auction Tools. The payment system offers two types of services. First, the automatic distribution of requests for payment (Automatic Payment Request). Second, auction winners can pay directly from the Web site where the auction is held (Instant Purchase for Auctions).

The maximum range of services is available to US residents, almost all services are available in Western Europe, China, Australia and Canada. But for many countries of Eastern Europe (which includes Russia, Ukraine, Kazakhstan, etc.), this set is minimal - at the moment, only the first item of the above list is available to us.

PayPal registration and account verification

PayPal offers three types of accounts:

Personal Accounts;
- Premier Accounts;
- Business accounts.

• Personal Accounts- only for individual use (for direct transfers to friends, relatives, clients, etc.). This account type does not accept credit card payments and is intended for PayPal internal transfers. The turnover limit for these accounts is $500 per month. And on an unverified account opened from Ukraine or Russia, a limit of $100 per month is set. Exceeding it may result in account blocking. In addition, as mentioned above, accounts opened from Ukraine or Russia do not have the ability to receive transfers in the PayPal system, regardless of the type of account.
• Premier Accounts- for users who have a larger turnover than the Personal Account allows, and who need to accept payments from credit cards or special PayPal tools (for example, integrating the PayPal payment service with the site).
• Business Accounts- Accounts for companies. They are issued on behalf of the company, under its logo and with its details. Such accounts can only be opened by companies that have a TAX ID (tax payer number).

Registration in the system is a simple process.

1. On the first page of the registration form, you indicate the country of residence and your preferred language for working with the system.
2. Next, you need to select one of the three types of accounts (see above).
3. On the next page, you need to enter your name, correct postal address, email and phone number. If the system did not accept your phone, try entering it by putting spaces between the codes: +7 495 XXXXXXX.
4. You will then be asked to enter your credit or debit card details. However, this step can be done later. Necessary condition- that the issuing bank allowed to make payments via the Internet. By the way, a virtual VISA card is quite suitable for registration, which can now be opened in almost any bank.
5. At the final stage of registration, you must verify your email inbox: PayPal will send you an activation code. You will need to not only follow the link, but also confirm this action by entering the password you chose when registering with PayPal.

PayPal account is linked to a bank card or bank account user. The user can receive and transfer money from the funds accumulated on the PayPal account, and if these funds are not available or not enough, then when paying, PayPal charges them from the account or card specified by the user. Thus, when depositing / withdrawing funds, the participation of intermediaries is excluded, and funds can be transferred to the user's bank account at any time.

Until you enter your bank card details in your account, your account is considered unverified (unverified). To become verified, you must first enter your card details on the Paypal website:

credit card number indicated on the front of your plastic card. It must be entered without spaces.

expiration date- this is the expiration date of the card (Expiration Date). It's usually listed there.

CSC (also called CVV2) - verification code. These are the last 3 digits on the back of the card (4 digits for American Express cards). If there is no number on the card, call your card issuing bank and ask for it.

After the card is added to your account, you can proceed to the verification procedure. Your account will be activated when you enter on the site special code. To do this, you need to fund your Paypal account with a bank transfer or payment from a plastic card. Your credit card will be charged $1.95 as a membership fee, which will be returned to you in 1-4 days, and $1, which is usually returned after 30 days. Thus, the balance of your card before starting the procedure must be at least $2.95.

In the details of this payment, which you can see on your card statement, you will find a 4-digit code that you need to enter on the PayPal website. In addition to issuing transactions, you can find out this code through online banking or by calling the bank's transaction center. After entering the correct code, your account will automatically receive the verified status.

Russians should be aware that due to the prohibition of receiving funds to their Paypal account, they can only operate with card money for payments. Therefore, there will always be zeros on your account balance, no matter how much money is on the card. But this will not prevent you from paying for services and goods in online stores using your card linked to your account.

In Russia, the service of selling prepaid virtual cards for Paypal is now widespread. You can use this service (for example, buy such a card at a QIWI instant service terminal, ) if for some reason you do not want to trust Paypal with your personal card details. Although a number of resources warn that it is not recommended to use such cards. They, they say, may not like the Paypal security service, as they do not allow you to identify the owner. My personal opinion, which I in no way impose on anyone: since the functionality of the accounts of Russians is already non-existent, and there is no need to talk about raising the trust level of your account under the ban on accepting payments, it’s not at all a pity to lose such an account after making a payment, with provided that there is no money left on it. After that, it is easy to start a new one by linking another virtual card to it. As a measure against such fraud, perhaps, the physical address confirmation system serves, but the address is not a constant value, it can be freely changed even within the same account.

Working with the system. PayPal transaction fees

The account number and customer ID in Paypal is his e-mail. You can connect multiple email addresses and get paid for them. One of them is the main one. Login to your account is possible with any of them.

PayPal has the ability to automatically exchange currencies, i.e. if the sender's account is opened in a different currency than the recipient's account, the payment will be converted into the required currency. Internal exchange rates can be found on this page of the Paypal website (authorization required). You can also use my Paypal currency converter. For currency conversion transactions, the system charges a commission of 2.5%. If the exchange rate in the system does not suit you, you can choose the center that performs the conversion, your bank, from the account in which the payment is made. This is done in the section Profile: "My finances -> My pre-approved payments (click "Update") -> Set available funding sources -> Conversion options". Here you need to select the option "Please bill me in the currency indicated on the Seller's invoice."

PayPal's minimum transaction amount is $1 or equivalent.

The Paypal commission does not depend on the type of account and is:

• 2.9% -2.4% + $0.30 USD for sellers (Online stores, auctions); i.e. the basic commission for online purchases is 3.4%, but can be reduced for stores with a large turnover: the higher the amount of payments received during the month, the lower the system commission for such a store.
• 3.4% + $0.30 USD for personal payments (refunds, etc.)

Thus, when buying goods in online stores, Paypal does not charge a single penny of commission fees from the buyer.

$0.30 USD is a flat fee for USD payments.

In addition to these, additional fees may apply depending on the country of the seller or buyer. A table of additional fees is located. To find out the commission for your particular transfer, I recommend using ONLINE COMMISSION CALCULATOR IN THE PAYPAL SYSTEM .

There are limits in the system (for sending and receiving payments, for withdrawing funds from the account balance), which are imposed on Paypal users according to criteria such as country of residence, account type, etc. The limit can be imposed both on a one-time payment and on a monthly turnover. Users from the CIS usually deal with the “Sending Limit”: Paypal does not allow them to transfer an amount greater than $300-500 at a time.

What to do in a situation if, say, you bought a low-quality product and demand a refund from the seller? After all, transfer money to your account in paypal seller can not. Fortunately, there is a refund mechanism in the system for such a case. The seller can make a refund of either the entire amount you paid ("full refund"), or part of it "partial refund". Money is returned directly to the card within 3-10 banking days. After sending money, the status "Completed" appears opposite the corresponding transaction in the transaction history.

In addition, the system provides for a dispute mechanism ( case ), which is carried out in the section "Resolution Center". The dispute can be opened no later than 45 days from the date of payment. When starting a Dispute, you must fully describe the claims made against your opponent. As soon as you open a "Dispute", the amount you paid on the seller's account is blocked until the circumstances are clarified. Paypal informs the seller that a dispute has been opened for a particular transaction, and invites him to provide his arguments and evidence. If within 7 days the seller does not answer, or you and the seller are not able to solve the problem, then no later than 20 days after the opening of the dispute, transfer it to the category of "Claims" ( Claim ) is a claim for damages. Then Paypal managers will consider the arguments of both parties and decide on a refund.

You can check the status of your dispute in the Paypal Resolution Center.

Paypal account security

Account recovery

In case of blocking or theft of your account, its recovery is possible only in the case of a personal contact with the Paypal security service. If you send copies of all requested personal documents, including a copy of completed transactions from your credit card, or confirm the change of your IP address, then the PayPal security service will restore the blocked user account.

Transaction protection

There are no protected money transfers in the system. Any measures to confirm transactions or significant actions in the account are also not provided.

The main security measure in Paypal is the denial of service to anonymous clients: they are subject to limits that make working with the system almost impossible. Credit card verification is designed to confirm the identity of the owner of the card being used. Apparently, the security service is betting on the lack of anonymity and the possibility of involving the state security services in the event of an account being hacked, as well as the strict restriction of access to work by the system of suspicious types like Russians, Ukrainians, etc. Apparently, these measures are quite enough: as they say, the volume of losses of the eBay auction due to fraud is only 0.2% of the amount of transactions (Paypal, I remind you, is the basic payment instrument of eBay).

<<< ЗАРЕГИСТРИРОВАТЬСЯ В PAYPAL >>>

2017-05-29 16:11:12

I am in the Baltics. We can put money through the terminal. Yes, and you can replenish in the communication salon. I did so, but the money did not appear in the account. So I'm thinking, either try again, or go the other way. But I definitely need Pay Pal.

2017-05-29 10:47:12

Sergey, PayPal is not a system that you can work with without a card. Before linking the card, your account is unverified, that is, in fact, non-functional. Moreover, they can limit it at any time before passing the verification. If you need a payment system that does not need to be linked to a card, choose something else - Qiwi, Yandex.Money, etc.
For the first time I hear about the possibility of replenishing a PayPal account through terminals. The PayPal website says that the account can be replenished in cash only through the Euroset and Svyaznoy communication stores. So you don't know where your money went. 2016-10-04 17:04:01

Vanya, according to the new rules pending 180 days.

2016-09-23 08:56:39

I sold the goods on ebay, the payment was received, the buyer left positive feedback. But the fact is that the payment hangs in the "pending" state for more than 60 days.
The support service did not answer the letter (oddly enough).
Someone faced such a problem?

2016-09-12 23:50:01

septime, if the price of the goods is too attractive, you can not hesitate that this is a scam. But when they throw you, you can try to open a dispute and prove that you did not receive anything. In theory, the seller will have to prove the opposite to Paypal - to provide mail track etc.

2016-08-24 22:45:11

They want to send me an account in Paypal lkz for paying for goods from a Chinese company (I must say right away that this is not an online store). What is the probability that I will just be thrown?
I mean even more different. If I don’t receive the goods in two weeks, then what is the chance that an open dispute in the Paypal service will refuse me and say that it’s my own fault that it’s not clear to anyone why I transferred the money? Has anyone had a similar experience.
Naturally, the price of the goods attracts me.

It is an electronic payment system with the longest history of existence and the largest number of users worldwide. Nine out of ten online stores make payments exclusively through PayPal.

System electronic payments PayPal links a virtual account to a credit card or bank account - it's the only system that actually transfers money, not electronic payment units.

The main principle of this system is safety. The system guarantees the safety of accounts, but creates a lot of inconvenience for users because the slightest suspicion of dishonest actions of the client causes an instant blocking of the account.

History of the payment system

The world's oldest electronic payment system was founded in 1998 in the United States by economist Peter Thiel, entrepreneur Luc Nosack, and programmer Max Levchin, a native of Russia.

Confinity was created to provide money transfers through mobile devices. The demand for such a product in the market was enormous and Confinity immediately receives a huge investment of about 4.5 million US dollars from Nokia Ventures and Deutsche Bank.

In 1999, Confinity merged with X.com, an Internet financial services company. The new company name is PayPal Ink.

The official website of PayPal has been working with clients since February 2000. The Internet is booming, there are many paid services and virtual stores. The electronic payment system attracts huge investments - 23 million dollars. Already in June of the same year, PayPal has 1.5 million customers and a daily turnover of 2 million US dollars per day. It is also important to understand

In February 2002, the corporation issues shares on the US securities market for a total of $900 million.

In October 2002, the payment system was acquired by eBay Inc for $1.5 billion.

PayPal today

Today, PayPal is the world's largest electronic payment system, in 2006 transactions worth 11 billion US dollars were made in the system - it currently has no competitors.

• 9/10 of all online stores make their payments via PayPal.
• PayPal has won over 20 different awards, including "Best Financial Site" (2006) and "Most Popular Financial Portal in the UK" (2009).
• PayPal operates in 190 countries. The peculiarity of the system is that in each country the services of the payment system are different. The entire range of EPS services is available only to users from the USA, Western Europe, Canada, China and Australia.
• In 2007, the services of the payment system became available to clients from the CIS countries: Russia, Armenia, Kazakhstan, Azerbaijan and Ukraine.
• The company's website offers customers a choice of languages: English, Chinese, Spanish, French and Russian.

Payment currencies in PayPal

At the time the company was founded, payments in the system were made only in USD-dollars. Today, payments in the system are made in a number of currencies: euro, Canadian, New Zealand, Singaporean and Australian dollars, pound sterling, yen, yuan, Czech, Danish and Norwegian kroner, Polish zloty, Swiss franc and. You can do it in dozens of different ways, but only a few are available in Russia so far.

What is the financial activity of this system?

A PayPal client links a bank account or card to an electronic identifier - this is his email address. After registration in the system, the client can make electronic payments.

The minimum amount for a transaction in this payment system is 1 US dollar. Clients of the system from the CIS countries can have a limited amount of no more than 500 US dollars on their account.

PayPal users in America can send money instantly to PayPal via SMS. Soon this service will be available worldwide.

PayPal is the only one in the world that deals with real "live" money, so the security system instantly responds to the slightest violation of the rules for transferring funds.

Funds that the client enters into the payment system are deposited in Wells Fargo bank accounts. The insurance company SafeWeb Insurance insures the risk of clients to withdraw from the account without authorization more than 100 thousand USD-dollars.

The administration of the payment system recognizes as trustworthy only verified client accounts when all bank account details are entered in full. Such accounts have minimal restrictions from the PayPal security service, which regularly blocks suspicious accounts.

This system even has its own Wall of Shame on the web, where users of the system share their indignation at the actions of the security service to freeze accounts.

PayPal Services and Accounts

1. Electronic payment (sending). Transfer of a sum of money from a personal account in the PayPal system, a bank or card account verified in the system.
2. Request to debtors to transfer funds. The user sends letters to debtors in which he calls for payment.
3. Placement of payment instruments on the website. The service is available to owners of Premier and Business accounts.
4. Auction payments.

• automated mailing that requests the payment;
• You can pay with PayPal for purchases made on Internet auctions.

The electronic payment system offers its customers a choice of three types of accounts.

1. Personal account (Personal). Account for personal use— transfers to relatives, clients, payment for purchases only within the system. The account limit is $500 per month. An unverified account opened in Russia or Ukraine is limited to $100 per month. An account opened in the USA has no restrictions.
2. Premier account (Premier). It is intended for the turnover of amounts exceeding the personal account limit. Allows you to pay PayPal to your account from credit cards, it is possible to integrate the account with the site.
3. Business account (Business). It is opened for financial activities of companies. It has the details of the company, its logo and functions on its behalf. A company to open a business account must have a tax registration number.

Russians use a limited set of services of this system:

1. Making electronic payments via PayPal from bank and card accounts.
2. Acceptance of payments - the service has been available only since 2011. Amounts received in an electronic account in PayPal cannot be withdrawn to a bank account or card. The money can only be used to pay for online purchases.

Payments are made in rubles, all information exists in Russian format.

To become a client of the PayPal electronic payment system, it is enough to go through a simple registration procedure in the system. The identifier will be the email address.

The security system requires the entry of complete information about the client. Verification of the account in the system is carried out only after the full introduction of all information about the account. At the time of verification, the card should contain an amount of about $ 3 - a membership fee for verification of $ 1.95 and a symbolic amount of $ 1, which will be returned after registering an account in the system.

In Russia, there is a service - the sale of a virtual Paypal card with a certain amount on the account, for example, in QIWI terminals. Such a card does not require the introduction of personal account data into the system. Keeping large amounts on such a card is not recommended - unverified card data is quickly calculated and blocked by the Paypal security system. In this case, it will be impossible to receive the money remaining on the card.

Advantages and disadvantages of PayPal

The main advantages of the system are:

• reliability and high level security;
• ubiquity;
• ease of use - the identifier is an email address;
• fast and simple calculations;
• the system withdraws money directly from a bank (or card) account.

Flaws:

1. Users of the system in Russia and the CIS countries have a limited personal account limit - about 500 US dollars. From the complex of system services, only making payments within the system and paying for online purchases are actually available.
2. Money on the system's accounts is not converted into electronic currencies.
3. The security system has an unlimited right to block electronic accounts.

So, let's summarize and highlight the basic principles of this system:

1. PayPal is an electronic payment system.
2. This system is the oldest and most widespread in the world.
3. System users have the opportunity to make cash payments directly from their bank account linked to an account in the PayPal payment system. The system transfers real money, not electronic counterparts. The funds are kept in the bank.
4. 9 out of 10 online stores worldwide make payments using PayPal. The system is distributed in 190 countries.
5. Russian users of the system (as well as most CIS countries) using PayPal can only make payments within the system and in online stores. The amount on the account is limited to 500 US dollars.