A brief about Paypal
PayPal is one of the means of payment (Payment procesors) on the Internet, most used and safest in the world. Internet users can buy goods on ebay, original software licenses, membership sites, business affairs, send and receive donations / contributions, send money to other PayPal users around the world and many other functions easily and automatically using the internet or mobile, PayPal overcome the shortage in such traditional remittance checks or Money orders that the process can take PayPal as bank account, you first create an account, then the funds will be withdrawn directly from your credit card account or with funds from a PayPal account transferan others to Balance / Balance PayPalyou, and you can use a PayPal account to transact
February 2010 PayPal has received 190 countries and 23 currencies, PayPal users in Indonesia still have to use a count of U.S. dollars because dollars do not exist at PayPal, the funds are withdrawn directly from your credit card will automatically be converted into U.S. dollars
eBay is the place of auction / sale and purchase / the world’s largest online marketplace, with users more than 200 million people around the world (June 2006 data), you can browse and buy everything from electronic goods, vehicles, until the rare items from all ebay users worldwide, the primary payment method on eBay is by PayPal because it is more secure and automatic, although there are sellers who accept payment by other means
Paypal is more secure than other online payment tool
Buyer / Buyer who feels aggrieved or inappropriate description of a notified may request money back to the Seller / Seller within maximum 45 days after the payment. If the buyer uses a credit card chargeback will receive a refund of the credit card company.
PayPal also protects the seller from the refund or complain that is not true of the buyer according to proof. Protection for sellers is designed to protect sellers from buyers who claim to have sent the money claimed to have no record of receipt and a description of the transaction, every purchase and payment using PayPal there is always a record of proof of payment at the sender and the recipient’s PayPal account money, as evidence if it has occurredremittances between the two
From this it can be concluded using PayPal is more secure than other online payment tool for sending and receiving money because there is proof of payment and record descriptions, as well as the right to make complaints if there is something or to avoid a false complaint.
Company Paypal (Paypal corp.) As it is known today is a merger between the company and X.com Confinity in 2000
Confinity was established in December 1998 by Peter Thiel and Max Levchin, initially as a means of payment as the Palm Pilot and perusahaan.kriptograpi (cryptography, writings or figures secret.)While X.com was founded by Elon Musk in March 1999, the company’s financial planning service providers. Both company’s first location was the office at 165 University Avenue in Palo Alto, California, home of some beginner in Silicon Valley
Ebay saw the development of the use of Paypal and Paypal match concluded as one means of payment on ebay. In May 1999 eBay bought
Billpoint and make Billpoint as the main payment instruments ebay at the time and make Billpoint solely to the means of payment on ebay only, therefore Paypal only appeared several times as the choice of means of payment on ebay than Billpoint.
But because society is more like Paypal because it is easier and more secure in the February 2000 average of 200,000 per day of supply that uses Paypal Billpoint while only 4000 offerings. In April 2000 more than 1 million offer to use Paypal
Acquisition by eBay
In 2002 eBay acquired Paypal of U.S. $ 1.5 Billion. Paypal has been previously used as a means of payment favorite with more than 55% and beat the ebay user ebay payment instrument other then Billpoint. Ebay finally remove Billpoint services to strengthen brand Paypal for ebay. Many major competitor went bankrupt or sold Paypal, Citibank c2it closed in late 2003, Yahoo PayDirect closed in late 2004, Western Union BidPay announced the closing service in 2005 and sold it at CyberSource Corporation in 2006.Other rivals such as Moneybookers and Paypal Kagi still survive today
In the first quarter 2006 total through Paypal transaction worth U.S. $ 8 billion, up 41% from year to year. The company remains focused on the development of
internationally and to increase the merchant services division, and provides tools for users of ebay online payment
Indonesian Paypal Bank Code
Bank Name – Bank Code PT. BANK CENTRAL ASIA Tbk. 0140012 PT. BANK MANDIRI (PERSERO) Tbk. 0080606 PT. BANK SYARIAH MANDIRI Tbk. 4510017 PT. BANK NEGARA INDONESIA 1946 (Persero) Tbk. 0090010 BNI SYARIAH 0090010 PT. BANK RAKYAT INDONESIA (Persero) Tbk 0020307 PT. BANK DANAMON INDONESIA INDONESIA Tbk 0111274 PT. BANK PERMATA Tbk. 0130307 PT. BANK INTERNATIONAL INDONESIA Tbk. 0160131 PT. BANK NIAGA Tbk. 0220026 BANK INDONESIA 0010016 PT. BANK EKSPOR INDONESIA (PERSERO) 0030012 PT. BANK PAN INDONESIA Tbk. / PT. PANIN BANK Tbk. 0190017 PT. BANK UOB BUANA, Tbk 0230016 PT. LIPPO BANK 0261399 PT. BANK NILAI INTI SARI PENJIMPAN Tbk. 0280024 AMERICAN EXPRESS BANK LTD. 0300302 CITIBANK NA 0310305 JPMORGAN CHASE BANK, NA 0320308 BANK OF AMERICA , NA 0330301 PT. BANK MULTICOR / PT. BANK WINDU KENTJANA INTERNASIONAL 0360300 PT. BANK ARTHA GRAHA INTERNASIONAL, Tbk 0370028 THE BANGKOK BANK PCL 0400309 THE HONGKONG and SHANGHAI BANKING CORP 0410302 THE BANK OF TOKYO MITSUBISHI UFJ LTD. 0420305 PT. BANK SUMITOMO MITSUI INDONESIA 0450304 PT. BANK DBS INDONESIA 0460307 PT. BANK RESONA PERDANIA 0470300 PT. BANK MIZUHO INDONESIA 0480303 STANDARD CHARTERED BANK 0500306 ALGEMENE BANK NEDERLAND AMRO BANK N.V. / ABN AMRO BANK NV. 0520302 PT. BANK CAPITAL INDONESIA 0540308 PT. BANK BNP PARIBAS INDONESIA 0570307 PT. BANK UOB INDONESIA 0580300 KOREA EXCHANGE BANK DANAMON / PT. BANK KEB INDONESIA 0590303 PT. BANK RABOBANK INTERNATIONAL INDONESIA 0600303 PT. ANZ PANIN BANK 0610306 DEUTSCHE BANK AG 0670304 PT. BANK WOORI INDONESIA 0680307 BANK OF CHINA LIMITED 0690300 PT. BANK BUMI ARTA 0760010 PT. BANK EKONOMI RAHARJA 0870010 PT. BANK ANTAR DAERAH 0880055 PT. HAGABANK INDONESIA / PT. BANK HAGA 0890016 PT. BANK IFI 0930015 PT. BANK CENTURY Tbk. 0950011 BANK MAYAPADA INTERNATIONAL / PT. BANK MAYAPADA Tbk. 0970017 PT. BANK PEMBANGUNAN DAERAH JAWA BARAT / PT. BANK PEMBANGUNAN DAERAH JABAR DAN BANTEN 1100093 PT. BANK PEMBANGUNAN DAERAH DKI JAKARTA / BANK DKI 1110164 PT. BANK PEMBANGUNAN DAERAH DIY / YOGYAKARTA 1120015 PT. BANK PEMBANGUNAN DAERAH JAWA TENGAH 1130348 PT. BANK PEMBANGUNAN DAERAH JATIM 1140383 PT. BANK PEMBANGUNAN DAERAH JAMBI 1150014 PT. BPD ISTIMEWA ACEH 1160033 PT. BANK PEMBANGUNAN DAERAH SUMUT 1170201 PT. BANK PEMBANGUNAN DAERAH SUMATERA BARAT / PT. BANK NAGARI 1180259 PT. BANK PEMBANGUNAN DAERAH RIAU 1190016 PT. BANK PEMBANGUNAN DAERAH SUMATERA SELATAN 1200142 PT. BANK PEMBANGUNAN DAERAH LAMPUNG 1210051 PT. BANK PEMBANGUNAN DAERAH KALIMANTAN SELATAN 1220012 PT. BANK PEMBANGUNAN DAERAH KALIMANTAN BARAT 1230015 PT. BANK PEMBANGUNAN DAERAH KALIMANTAN TIMUR 1240018 PT. BANK PEMBANGUNAN DAERAH KALTENG 1250011 PT. BANK PEMBANGUNAN DAERAH SULAWESI SELATAN 1260027 PT. BANK PEMBANGUNAN DAERAH SULAWESI UTARA 1270091 PT. BANK PEMBANGUNAN DAERAH NTB / NUSA TENGGARA BARAT 1280010 PT. BANK PEMBANGUNAN DAERAH BALI 1290013 BANK PEMBANGUNAN DAERAH NUSA TENGGARA TIMUR 1300013 PT. BANK PEMBANGUNAN DAERAH MALUKU 1310016 PT. BANK PEMBANGUNAN DAERAH PAPUA 1320019 PT. BPD BENGKULU 1330012 PT. BANK PEMBANGUNAN DAERAH SULAWESI TENGAH 1340015 PT. BANK PEMBANGUNAN DAERAH SULAWESI TENGGARA 1350018 PT. BANK NUSANTARA PARAHYANGAN 1450028 PT. BANK SWADESI Tbk. 1460021 BANK MUAMALAT INDONESIA / PT. BANK MUAMALAT INDONESIA 1470011 PT. BANK MESTIKA DHARMA 1510049 PT. BANK METRO EKSPRESS 1520013 PT. BANK SINARMAS 1530016 PT. BANK MASPION INDONESIA 1570021 PT. BANK HAGAKITA 1590014 PT. BANK GANESHA 1610017 PT.HALIM INDONESIA BANK / PT. BANK HALIM INDONESIA / PT. BANK ICBC INDONESIA 1640058 PT. BANK HARMONI INTERNASIONAL 1660012 PT. BANK KESAWAN 1670099 PT. BANK TABUNGAN NEGARA (Persero) / PT. BANK TABUNGAN NEGARA (PERSERO) SYARIAH 2000024 PT. BANK HS 1906 / PT. Bank Himpunan Saudara 2120027 B.T. PENSIUNAN NASIONAL / PT. BANK BTPN / PT. BANK TABUNGAN PENSIUNAN NASIONAL 2130101 PT. BANK SWAGUNA 4050072 PT. BANK JASA ARTA 4220051 PT. BANK MEGA Tbk. 4260176 PT. BANK UMUM KOPERASI INDONESIA (BUKOPIN) /
PT. BANK BUKOPIN Tbk. 4410010 PT. BANK BISNIS INTERNATIONAL 4590037 PT. BANK SRI PARTHA 4660019 PT. BANK JASA JAKARTA 4720014 PT. BANK BINTANG MANUNGGAL / PT. BANK HANA 4840017 PT. BANK BUMI PUTERA Tbk. 4850010 PT. BANK YUDHA BHAKTI 4900012 PT. BANK MITRANIAGA 4910015 PT. AGRONIAGA BANK 4940014 PT. BANK INDOMONEX 4980016 PT. BANK ROYAL INDONESIA 5010011 ALFINDO SEJAHTERA BANK / PT. BANK ALFINDO 5030017 PT. BANK SYARIAH MEGA INDONESIA 5060016 PT. BANK INA PERDANA 5130014 PT. BANK HARFA 5170016 PT. PRIMA MASTER BANK 5200025 PT. BANK PERSYARIKATAN INDONESIA 5210031 PT. BANK DIPO INTERNATIONAL 5230011 PT. BANK AKITA 5250046 PT. BANK LIMAN INTERNATIONAL 5260010 PT. ANGLOMAS INTERNATIONAL BANK 5310012 PT. BANK KESEJAHTERAAN EKONOMI 5350014 PT. BANK UIB 5360017 PT. BANK ARTOS INDONESIA 5420025 PT. BANK PURBA DANARTA 5470017 PT. BANK MULTIARTA SENTOSA 5480010 PT. BANK MAYORA INDONESIA 5530012 PT. BANK INDEX SELINDO 5550018 PT. BANK EKSEKUTIF INTERNASIONAL 5580017 PT. CENTRATAMA NASIONAL BANK 5590036 PT. BANK FAMA INTERNATIONAL 5620029 PT. BANK SINAR HARAPAN BALI 5640012 PT. BANK VICTORIA INTERNATIONAL 5660018 PT. BANK HARDA INTERNASIONAL 5670011 PT. BANK FINCONESIA 9450305 PT. BANK MAYBANK INDOCORP 9470301 PT. BANK OCBC INDONESIA 9480304 PT. BANK CHINATRUST INDONESIA 9490307 PT. BANK COMMONWEALTH 9500307