1 / 13

PayPal

PayPal. The Online Payment Company. Introduction. PayPal PowerPoint Presentation By: Jalik Parham. Topics of Discussion. The History Of Paypal The Growth of PayPal How The Service Works Uses for Send Money eBay’s Acquisition of PayPal Competitors Complaints. The History Of .

ryanadan
Download Presentation

PayPal

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. PayPal The Online Payment Company.

  2. Introduction • PayPal PowerPoint Presentation • By: Jalik Parham

  3. Topics of Discussion • The History Of Paypal • The Growth of PayPal • How The Service Works • Uses for Send Money • eBay’s Acquisition of PayPal • Competitors • Complaints

  4. The History Of • Co-Founders: Peter Theil and Elton Musk. • Theil was a securities lawyer and a options trader and Musk was a engineer and a model from South Africa. Founded in 12/1998

  5. The Growth of PayPal Oct 99 – 24 Members Dec 99 – 12,000 Members Feb 00 – 100,000 Members Apr 00-1,000,000 Mmebers

  6. How The Service Works Illustration of how PayPal works

  7. Uses for Send Money • Pay for an auction item • Split a Restaurant Bill • Send Money to your friends or family • Pay Bills • Play Prof. Kopec in a game of chess for a couple of dollars. Free Advertisement: www.kopecchess.com

  8. eBay’s Acquisiton • Ebay acquired PayPal for $1.5 Billion in 2002 • eBay integrated PayPal’s services with their own.

  9. Competitors • eMoneyMail, Ecount, payMe.com CheckFree, Gmoney.com, MoneyZap, PayMe.com, PayPlace.com • PayPal simply does it better, cheaper, and faster than the rest. They also had the first move advantage.

  10. How PayPal Makes $$ • Float; PayPal re-invests funds that sit in member’s PayPal accounts. • They charge approximately 2.5% of the dollar amount to the recipients of PayPal transfers.

  11. Complaints about PayPal • Poor Customer Service • Credit protection policies are flimsy • The approx. 2.5% charge is too high • “Double Taxation” – “Tax” by eBay and “Tax” by PayPal • www.aboutpaypal.org, www.paypalsucks.com, www.paypalwarning.com,

  12. The Future of PayPal • PayPal has a bright future. • They are considering branching out into a full fledge online bank with many banking products. • They will continue to expand their successful integration with eBay.

  13. Thank You For Your Time Jalik Parham

More Related