Web Hosting Paypal - Integration Guide - Paypal Accepted Web Hosting

Web Hosting Paypal - Paypal is fully supported and accepted by our web hosting company. Here you can find Pay Pal integration guide which will help you to integrate Paypal with your ecommerce web site. Web Hosting Paypal - PayPal is an Internet business which allows the transfer of money between email users and merchants, avoiding traditional paper methods such as checks/cheques and money orders. PayPal also performs payment processing for e-commerce vendors, auction sites, and other corporate users, for which they charge a fee. Corporate headquarters are in San Jose, California; it is now an eBay company.
Cheaper than a average merchant account, PayPal is an online payment company which supports secure transactions when paying for goods or services. A basic PayPal account is free, with no surcharges or monthly fees. Paypal is owned by eBay.

PayPal was founded in December 1998 by Peter Thiel and Max Levchin. One of its first premises was the 165 University Avenue office in Palo Alto, California, home of a number of other noted Silicon Valley startups. Many of its initial recruits were alumni of The Stanford Review. In its initial incarnation, PayPal was a service for users to send money via PDAs, with actor James Doohan, Star Trek's "Scotty," as its spokesman. The PDA software was later discarded in favor of a web-based system that became popular with eBay's millions of buyers and sellers. Coupled with aggressive marketing campaigns offering $10 (and later $5) for new users to sign up, the firm grew at a meteoric rate of 710 percent per day between January and March 2000.

Though growing rapidly, Web Hosting PayPal was losing $10 million a month and was fraught with internal turmoil that led to three CEO changes in its first year of operations. Foreign Mafia rings found ways to steal millions from the young company. And worst of all, eBay launched a payments service named Billpoint to compete with PayPal. Yet the company was able to turn the corner and become the first dot-com to IPO after the September 11 attacks an accomplishment that ironically backfired when PayPal's new high profile status helped prompt a slew of class action lawsuits and regulatory probes, including one by NY Attorney General Eliot Spitzer. This paved the way for the company to eventually reconcile with its former rival, eBay.

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