PayPal Community Contributes $2.35 Million to Aid in September 11 Relief Efforts. 100 percent of each donation went directly to the National Disaster Relief Fund of the American Red Cross.

      Some of my customers have asked why I built my business with PayPal as one transaction engine. Simply stated, I believe PayPal has created the safest, easiest-to-use, and most cost effective platform for businesses and individuals to send and receive money. It is my belief that this method of electronic money exchange will become a widespread phenomenon over the coming years. ebay has now acquired PayPal.

      It appears to me to be very secure since the only info. I get is shipping info. along with verification of payment. That should make anyone feel better cause the biggest exposure to credit theft is not transfer over the internet, it's the storage of that data at the end vendor. I know I've used PayPal for over two years now, and I have had no problems with them.

      In fact I have processed as a non-PayPal member to do a transfer and found it no more cumbersome than the e-commerce solutions of any other vendor and less than some. It does set you up as a member in the long run, but it's free and only requires you to go through the same type of information screen as any other vendor would. Many end vendors store your personal information on their own home based computers, they are not professional financial transaction servers like PayPal, iBill, Cybercash, etc.

      PayPal offered the easiest setup with the most security and least hassle. So far it has worked well for those that have used it, except I've seen a few complaints online about where someone didn't get their last 38 cents when they closed their account and a few complaints similar, also September 11th someone from the Middle East had their account frozen until they were cleared.

      Why should you rely on PayPal for your transactions? Here are a few points about PayPal:

1. PayPal offers one of the safest platforms for online commerce with fraud rates at a fraction of those of typical e-commerce offerings.
2. PayPal offers ease and flexibility, accepting all major credit cards (Visa, Mastercard, Discover, and American Express), as well as all major debit cards and direct transfers.
3. PayPal offers the lowest merchant rates with no set up or recurring costs.
4. PayPal enables any business or consumer with an email address to securely, conveniently, and cost-effectively send and receive payments online.

      The online payments network builds on the existing financial infrastructure of bank accounts and credit cards to create a global payment system. Financially, PayPal has shown tremendous business fundamentals: PayPal successfully completes over 200,000 transactions per day with over 25 million accounts in over 39 countries worldwide.

      PayPal is processing over $18 million in payments per day and has transacted over $6 billion in total payments since launching in 1999. While virtually all technology companies have languished in these difficult economic times, PayPal has shown tremendous growth.