1. Group Members Dipesh Sarda Savio Pereira Divya Iyer Shraddha Tiwari Priyanka Vegad Suraj JadhavGuided by- IqbalSir

2. Mission & Vision Mission is to Build the webs mostconvenient, secure, cost-effective paymentsolution PayPals Vision is To become a globalstandard for online payments. 3. Founders of Paypal.com Co-Founders: Peter Theil and Max Levchin Founded in December 1998 4. History The company, originally called Field Link, was founded by Max Levchin, anonline security specialist, and Peter Thiel, a hedge fund manager in 1998.Levchin and Thiel joined forces, received $3 million in funding from theNokia Corporation for this venture, which offered encryption software forhandhelds. Launched PayPal in October of 1999 with six employees. Between January and August 2000, PayPal surged from 12,000 accounts to2.7 million. June 2000, PayPal introduced accounts for businesses. By the end of 2001,more than one-fifth of PayPal's 12.8 million accounts were businessaccounts. July 2000 approximately 2 million eBay listings accepted PayPal payments,five times as many as BillPoint Inc., eBay's payment service. By thefollowing October, PayPal was being used to pay for 25 percent of all eBaytransactions. The company had grown to 500 employees who wereprocessing over 120,000 transactions, worth in total about $6 million, everyday. In 2002 PayPal purchased by eBay, the operator of its main competitor,Billpoint for $1.5 billion in eBay stock, which gave eBay more control, andincreased the profit made from each transaction from 7 to 10 percent. eBaysubsequently closed its Billpoint operation, and announced that PayPalcease to be available for online gambling. EBay elected to let PayPalcontinue to operate in the area of online pornography, which unlikegambling, was legal. In 2003, PayPal discontinued the offer of its services on adult-contentwebsites, citing high fraud rates. By this time PayPal successfully addressedmany of its customer service problems. 5. Ebays Acquisation On October 3, 2002 eBay acquired PayPal. eBay and PayPal are now working together for acommon goal: to help buyers and sellers trade online.Today on eBay, PayPal is the only online payment service integrated with the eBay platform. Thatmeans when a seller selects PayPal on the eBay Sell Your Item form or any eBay listing tool, thePayPal logo will automatically appear on the View Item Page. Plus, buyers can easily pay usingthe PayPal Pay Now button in a closed eBay View Item page, End of Auction email, or My eBay.Your privacy is very important to both eBay and PayPal. Your information may be exchangedbetween eBay and PayPal only in accordance with each company's respective Privacy Policy.Should there be any changes to either site's Privacy Policy, you will receive advance notice of thechanges.Though there is a strong relationship between eBay and PayPal, eBay is not the only place youcan use PayPal. Millions of merchant websites worldwide accept PayPal as a payment method.In fact, many eBay sellers prefer PayPal on their off-eBay websites.Shop Using PayPal On and Off eBay PayPal is accepted by merchants worldwide, and is the preferred method of payment oneBay.com Whether you purchase on eBay or another website, PayPal provides secure, private transactions With PayPal, you choose to fund your purchase with a credit card, bank account, or othersources 6. Objectives 7. Registration/Signing up 8. Types of Accounts Paypal Personal A/c Paypal Premier A/c Paypal Business A/c 9. How Paypal works? 10. Growth of Paypal 11. Payment Standards 12. Services Provided Shop securely Send and receive money Pay through bank account Pay with debit or credit card Sell on eBay and beyond Stay safer online Send money in multiple currencies 13. Paypal AppEnjoy PayPal on-the-go with thePayPal app.SEND & REQUEST MONEYSend money giftPay off loanMANAGE YOUR ACCOUNTCheck balanceWithdraw fundView transactions 14. Specification of App Free App Compatibility- (Android, i-phone, Windows) Local feature Safety PAYPAL HERE Card Reader Only for U.S. accounts 15. How Paypal makes Money? Not free for seller. Amount you can be charged is 1.9% onsale plus 25 cents. If sale is under $15,you pay a quarter. cash is interest While the money is in their account theygain interest. "float" 16. Ways of receiving Payment eBay sales payments are deposited into yourPayPal account. Choose one of several ways to getyour money:Have the money electronically transferred directly into yourregistered checking account.Receive payment by check (PayPal charges $1.50 for thecheck).Keep the money in your PayPal account for makingpayments to other sellers.Withdraw the cash from an ATM with a PayPal debit card.Use the PayPal debit card and get 1.5% cash back onpurchases made with the card.Shop online with a virtual MasterCard debit card thatcarries your balance to any Web site that acceptsMasterCard. 17. Strength1. Highly secured online Infrastructure2. Available in 24 currencies worldwide3. Spread over 190 markets all over theworld4. More than 153 million online accounts5. PayPal presents anti-phishing adviceon their website[72] for identifying andreporting phishing.Weakness1. High exposure to risk and frauds2. Paypal has faced controversiesregarding payment transactions3. Not to popular in emerging economieswhere people are conservative for onlinepayments4. Local restrictions in countries likeChina, Japan, Taiwan, Brazil, IndiaOpportunity1. Cashless economies2. Digital currency3. Upcoming ecommerce marketsThreat1. Stringent economic policies world over2. Highly competitive environment3. Hacking and fraud threatsSWOT Analysis 18. Competitors eMoneyMail Ecount payMe.com CheckFree Gmoney.com MoneyZap PayMe.com PayPlace.com 19. Security Level More secure So why use PayPal? Because PayPal provides an extra level ofsecurity for your payments. Sellers and merchants never see yoursensitive financial details.We use the industrys most secure data encryption technologies andphysically secure servers that arent connected directly to theInternet. Our dedicated team of anti-fraud experts works around theclock to ensure the highest level of security. 20. Security Token In early 2006, PayPal introduced an optional security key as an additionalprecaution against fraud. A user account tied to a security key has a modifiedlogin process the account holder enters his or her login ID and password, asnormal, but is then prompted to press the button on the security key and enterthe six-digit number generated by it. For convenience, the user may append thesix-digit to his or her password in the login screen. This way he or she is notprompted for it on another page. Using this method is required for someservices, such as when using PayPal through the eBay application on iPhone. This two-factor authentication is intended to make account compromised by amalicious third party without access to the physical security key difficult,although it does not prevent so-called Man in the Browser (MITB) attacks.However, the user (or malicious third party) can alternatively authenticate byproviding the credit card or bank account number listed on his or her account.Thus, the PayPal's implementation does not offer the security of true two-factorauthentication. The key currently costs US$29.95 for all users with no ongoing fees.[69] Theoption of using a security key with one's account is currently available only tousers registered in Australia, Germany, Canada, the United Kingdom, and theUnited States.[70] 21. Safety MeasuresTips to stay safe from PayPal fraud or scams: Log in safely: To log in to your PayPal account or access the PayPal website,open a new web browser (e.g., Internet Explorer or Firefox or Chrome) and typein the following: https://www.paypal.com/ Check the email greeting: Emails from PayPal will always address you byyour first and last name or the business name associated with your PayPalaccount. A PayPal scam email may include the salutation "Dear PayPal User"or "Dear PayPal Member" Look out for attachments: PayPal emails will never ask you to download anattachment or a software program. An attachment found in a PayPal scamemail will often contain a virus that can harm your computer or compromiseyour PayPal account Never give out personal information: If we require information from you, wewill notify you in an email and request that you enter the information only afteryou have safely and securely logged in to your PayPal account. Often, PayPal scams will request details such as your full name, accountpassword, credit card number, bank account, PIN number, Social SecurityNumber, or mother's maiden name. 22. Restrictions There are two major restrictions for Indian users from March 01, they are - Any balance in and all future payments into your PayPal account may not be used to buy goods orservices and must be transferred to your bank account in India within 7 days from the receipt ofconfirmation from the buyer in respect of the goods or services; and Export-related payments for goods and services into your PayPal account may not exceedUS$500 per transaction. So users, mostly webmasters in India are finding the new alternative ways to send money online.You can send money from PayPal also, but not from the balance, you should link the credit card toPayPal account. But in India many webmasters dont have credit card and their business havebeen restricted till they find a new way to send and receive the money. Why did PayPal or RBI has deployed these restrictions? The answer is Income Tax. Yes, there are many people in India who are earning more than $1000per month and they are using that money to buy products or services online only and the RBI canttrack those money. If the webmaster transfers the PayPal money to his bank account then usesthe same money via credit card then they can keep an eye on his transactions, so they havedeployed these restrictions.Paypal has announced that from 1 March 2011 Indian users will not be allowed to hold anybalance in their Paypal accounts, wont be able to make purchases from their Paypal account, andincoming payments will be restricted to $500 USD. Additionally all payments received into yourPaypal account must be transferred to a local bank account within seven days of receipt. 23. Conclusion