...Introduction The purpose of this report is to give an overview of how Paypal manages their online base system. Founded in December1998, Paypal became one of the world’s largest internet based payment system. It is an online electronic payment system where consumers can use to buy and sell goods and services online and making payments. Users can set up an account with just an email address. With this, a user is able to transfer cash from peer to peer without using any credit cards; just bank transfer. A notification will be issued once transaction is done. Firm Infrastructure As part of global expansion, Paypal entered NASDAQ to attract investors priced at $13 per share. With this, it had attracted bigger companies and soon a giant company, Ebay, acquired Paypal for $1.5 billion in 2002. This move increases the level of confidence where Ebay consumers could use Paypal for making their transaction. Soon after, it acquire Verisign in 2005 and generated a revenue close to $1.8 billion. However, Paypal can be a threat to banks. Although Paypal does not function like a bank, users can store their cash in Paypal with a minimum balance of $70 (Meola, 2016) Technology Development Database Management System As the world keeps on changing their technology, Paypal ensures that their own technology is also up to date. Being one of the first and largest company to use the Cloud technology, it has created multi layers of applications to ensure that the system is compatible to suit...
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...Paypal es un claro éxito de como revolucionar el sector de los pagos del ecommerce. Seguramente este éxito de PayPal reside en la importante serie de garantías que ofrece el sistema, ya que permite realizar diversas transacciones de dinero en medio de una plataforma en la que se ha puesto un real hincapié en la seguridad de la información de sus usuarios. La estrategia de Paypal para impactar en el mercado constó de tres fases; en primer lugar, PayPal se centró en la expansión de su servicio entre los usuarios de eBay en USA y, seguidamente, empezar a expandirse en otros sitios internacionales de eBay. Por último, se dedicaron a desarrollar las actividades de PayPal fuera de eBay. PayPal es un componente vital de la estrategia de crecimiento de eBay. Sin embargo, a su vez, el éxito de PayPal también está estrechamente ligado al éxito de los mercados de eBay. Visa y MasterCard, las dos compañías que representan la mayoría del volumen de las operaciones con tarjetas de crédito, están estructuradas como asociaciones que son propiedad y están bajo el control de miles de instituciones financieras que comparten la responsabilidad de la emisión de tarjetas y la adquisición de comerciantes, lo que dificulta mucho la innovación y/o cambios en el funcionamento de estas para intentar adaptarse a las nuevas oportunidades que nos va dando la tecnología. Sin embargo, sí que es cierto que ambas empresas han invertido en nuevas soluciones para la mejora de la seguridad de los pagos...
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...introduce the acquisition of eBay and PayPal, and why eBay decided to acquire PayPal, what happened after the acquisition, and my recommendations about eBay’s acquisition strategy. I will start with the backgrounds of these companies. In PayPal's official website, it described itself as “ the safer, easier way to pay and get paid online. The service allows anyone to pay in any way they prefer, including through credit cards, bank accounts, PayPal Smart Connect or account balances, without sharing financial information." (PayPal, n.d., para 1). It is a person to person (P2P) payment system that people can transfer money easily by using its services; it is very popular in the online shopping area. Another company, eBay, was defined in its official website as an online shopping website in which individuals and companies can buy and sell various goods and services worldwide (eBay, n.d., para 1). Both companies are focusing on the online trade sector; but eBay is similar to an "auction" as well as PayPal is a payment method. Motivation Online P2P payment was a new idea at that time, and as any emerging market, many P2P services such as Flooz, Beenz, and CyberCash were failed (Punch, 2002, para 3). PayPal was one of those P2P payment companies that survived after competition. At that time, PayPal became the leader in P2P payment industry, and it was the most popular payment method in eBay auctions; more than 50% eBay users were using PayPal (LD, 2010, para 2). On the other side...
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...Small Business > Managing Employees > Work Schedules How Does PayPal Work for Sellers? by Lori Soard, Demand Media Electronic payments are convenient for customers. Electronic payments are convenient for customers. Related Articles How Does PayPal Work for Selling? How Does PayPal Work With Bank Accounts? Once You Sell an Item How Long Does It Take to Show in PayPal? How to Calculate PayPal Fees How Does PayPal Handle Fraud? How to Set Up PayPal on eBay Online sellers who are looking for a reliable solution to accept payments online will likely look at PayPal as a viable option. PayPal allows your customers to pay with a credit card, e-check or their PayPal balance. As of time of publication, fees for businesses receiving under $5,000 per month were 3.4 percent of the transaction plus 50 cents. Since most point-of-purchase credit card machines charge similar rates plus monthly fees, using Paypal can save your small business money. Ads by Google iPage® Web Hosting Web Hosting, Email & Free Domains! Trusted by Millions.www.iPage.com Set-Up The first step is to sign up for a free PayPal account. Unless you are selling high-ticket items or expect more than $5,000 a month in sales at first, it is probably best to start with a personal account. You can switch to a merchant account at any time. HTML Code Once your account is set up and confirmed with your business banking account, sign in and click on the Merchant Services tab. You have several choices in...
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...Absolute Advantage and Comparative Advantage According to the classic model of international trade introduced by David Ricardo (19th-century English economist) to explain the pattern and the gains from trade in terms of comparative advantage, it assumes a perfect competition and a single factor of production, labor, with constant requirements of labor per unit of output that differ across countries. The basis for trade in the Ricardian model is the differences in technology between countries. As a result, there are two different ways to describe technology differences: the first method, called absolute advantage, is the way most people understand technology differences; and the second method, called comparative advantage, is a much more difficult concept. Absolute advantage is the simplest measure of economic performance. It is the ability to produce a good at a lower cost, in terms of real resources than another country. Absolute Advantage is neither necessary nor sufficient for a country to export a good. In other words, a country has an absolute advantage economically over another, in a particular good, when it can produce that good more cheaply or it can produce more of the good than another country can, with the same amount of resources. In fact, absolute advantage appears when multiple products are being considering. For example, if the country “A” has an economic advantage against the country “B” at producing the product “X”, and the country “A” has an economic...
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...than the eBay site where you are listing your item for sale. You must agree to these additional terms and conditions before you will be allowed to list items for sale on eBay sites other than your eBay site of registration and/or list items for sale with an international shipping option (such as worldwide shipping). PARTIES. If you have a PayPal account, this Agreement is between: · You; · eBay – specifically, the operator of the eBay site where you sell your item, if not your own eBay site of registration. For items sold on eBay.com, you are contracting with eBay Inc. For items sold on any of eBay’s E.U. sites, you are contracting with eBay Europe S.à.r.l. For items sold on eBay.in, you are contracting with eBay India Pvt. Ltd. For items sold on an eBay site outside of the U.S., E.U., and India, you are contracting with eBay International AG; and, · PayPal – specifically, the PayPal entity with which you have entered into a User Agreement to receive the PayPal Services. For example, if your PayPal account is registered in Canada, you are contracting with PayPal CA Limited. If you do not have a PayPal account, then this Agreement is between you and eBay only. APPLICATION TO ALL CURRENT & FUTURE LISTINGS. This Agreement will apply to all of your active...
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...Ebay Use Case Week6: Use Cases Assignment MIS1101 Use Case Template. Copyright (c) 2004-2005 TechnoSolutions Corporation (Learn more about “TopTeam for Use Cases” at www.technosolutions.com) Permission is hereby granted, free of charge, to any person obtaining a copy of this document and its associated documentation, to use the document on their projects for any commercial or non-commercial purpose. However you may not publish, distribute, sublicense, and/or sell copies of this document. THE DOCUMENT IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE DOCUMENT OR THE USE OR OTHER DEALINGS IN THE DOCUMENT. TECHNOSOLUTIONS CORPORATION MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THIS DOCUMENT FOR ANY PURPOSE. Use Case: Selling a couch on Ebay Id: UC- 2011021401 Description Seller registers a couch for sale on Ebay. Seller firsts selects “Sell” link on Ebay, registers a credit card. Seller then posts descriptive information about the couch including pictures, price, auction start and end times as well as method of payment accepted, shipping information and other terms and conditions of sale. The auction...
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...EBAY INC FORMReport) 10-K (Annual Filed 01/31/14 for the Period Ending 12/31/13 Address Telephone CIK Symbol SIC Code Industry Sector Fiscal Year 2065 HAMILTON AVENUE SAN JOSE, CA 95125 408-376-7400 0001065088 EBAY 7389 - Business Services, Not Elsewhere Classified Retail (Catalog & Mail Order) Services 12/31 http://www.edgar-online.com © Copyright 2014, EDGAR Online, Inc. All Rights Reserved. Distribution and use of this document restricted under EDGAR Online, Inc. Terms of Use. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K [x] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2013 . OR [] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to . Commission file number 000-24821 eBay Inc. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 77-0430924 (I.R.S. Employer Identification Number) 2065 Hamilton Avenue San Jose, California (Address of principal executive offices) 95125 (Zip Code) Registrant's telephone number, including area code: (408) 376-7400 Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934: Title of each class Name of exchange on which registered Common stock The Nasdaq Global Select Market Securities registered pursuant...
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...An advantage of using an open environment is increased speed, having a virtual storefront is less expensive than operating a real one. It is also cheaper than what you would have to pay for utilities and everything with having a store. An insecure e-commerce gateway page will usually speed up the transaction process but won’t necessarily translate into the sales. With an insecure e-commerce page reduces the fees that you would have to pay because it does not involve a third party to handle the transactions. There is no encrypting involved so you do not have to pay a programmer to do that. The problem with that is though when people wish to buy products from you they would print the page out, fill it out and then fax it with their credit card information to you. There are some drawbacks to doing business the print and fax method, most online shoppers won’t go near an insecure e-commerce page. Doing it this way makes it easier for Identify theft to happen as well because you have to fax them the information and people can keep the faxed copy. The BBB and the Federal Trade commission warn and advise people against site usage that does not provide a secure e-commerce transaction. When it comes to purchasing music or videos a person can get them right away by downloading them to their computers. Most people want to buy from sites that are easy for them to pay for the product and get it soon after they pay for it. The disadvantages defiantly outweigh the advantages on an...
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...inovative. They main strategy is to differentiate. Visit our products pages now. Or contact us to talk about stocking our products. ------------------------------------------------- For a wide range of other bar accessories from ice trays to glassware and from party pieces to bottle openers please visit our sister site www.barstuffdirect.co.uk Ordering From Us Resources and capabilities: THE SERVICE IS EASY AND FRIENDLY Ordering from IceAppliance.com couldn't be easier. Simply find the product that you want from our shop and add to your basket. Once you have finished shopping go to the checkout by clicking the button on the top right corner of your screen. You will then be taken to the PayPal checkout process, but don't worry if you don't have a PayPal account, you can still use your credit or debit card to complete payment. Making Payment If you prefer not to pay online via...
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...smartphones, tablets and other mobile devices.There are a lot of concerns rising about digital wallets lately. Many argue that digital wallets will never succeed due to its privacy and security problems. Here are the answers to some of the concerns raised by consumers and those answers will show that digital wallet is a market trend and have its potential to be a huge success. | Concerns are heightened when considering the complexity of a digital-wallet transaction, especially compared to the simplicity of cash or straight credit. In the case of a smartphone, the data passes through not only the smartphone's hardware and operating system but also through a specific payment app, and finally, the source of the payment, such as your bank or PayPal account. Some argues that the more parties involved, the greater the chances that one of them could experience a security lapse on any given day.In fact, digital wallets have redundant integrated protections. For both online and offline purchases, your digital wallet relies on digital certificates. Digital certificates are simply attachments to electronic correspondence that...
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...Strategic Position is how well an organization matches its internal resources and capabilities to its external environment. A SWOT analysis is helpful to summarise the key issues arising from an analysis of the business environment and the capabilities of an organization to gain an overall picture of its strategic position. This can also be useful as a basis to generate strategic options and to assess future courses of action. A SWOT is company specific as opposed to the Porters five forces which is industry specific. The aim is to identify the extent to which strengths and weaknesses are relevant to, and are capable of dealing with changes that take place in the business environment. Internal Resources and Capabilities Financial Resources Ebay is a Public Listed Company with corporate responsibilities to its shareholders. In 2006, it earned a gross profit of $4.7 billion and its total assets were $13.5 billion. This financial strength gives it opportunities to invest in activities to increase its financial strength through growth into related and other industries, global markets and also to investing in technology to increase customer satisfaction. It also allows it to invest in marketing to attract further customers and to invest in fraud prevention to protect its valuable intangible asset, its brand name. The Value Chain If organizations are to achieve competitive advantage by delivering value to customers, managers need to understand which activities their...
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...Content: Introduction: Market size and trends of the two markets P2 Comprehensive analysis The ALIBABA and the ebey market pattern P4 The principles involved in the introduction of the new product P10 Characteristics of those consumers who might be adopters P12 Hidden psychological motivations that hindered/contribute to success P14 Role of peer pressure or other elements P16 Conclusion: Recommendation/ Opinion P18 Reference P19 Introduction Market size and trends of the two markets. Alibaba since March 10, 1999 after the establishment soon became China's largest Internet companies and the world's second largest Internet companies, Alibaba is the world's leading small business e-commerce company, Alibaba Group's flagship business. Alibaba market through its three trading around the world to millions of buyers and suppliers engaged in online business.Three online marketplaces: focuses on serving importers and exporters in the international market, domestic trade in China market, and, through an associated company, to promote Japanese exports and the domestic market in Japan.In addition, Alibaba is also on the international market with a global wholesale trading platform for smaller, you need small quantities of goods to buyers fast delivery service.All transactions with the formation of a market more than 240 countries and regions from over 61 million registered users of the online community.In order to be transformed into...
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...tells the victim to click on a link to what purport to be the Web site of a well-known bank or online company” (Baase, 2008). It has become increasingly important for Internet users to be alert and aware of the type of scams that are designed to steal information and potentially identities. Internet users that fall into phishing traps quickly become victims of identity theft and credit card fraud. On average, these scams cost individuals about $1200 (SonicWALL, 2012). To avoid these scams, Internet users should be extra careful when opening emails and clicking on links that ask for personal information. 1.) PayPal I correctly answered that this email is an example of phishing. I did not initially read all of the email. I took a couple of glances at the way it was set up. What stood out to me was the fact that the email said, “click here to login to your PayPal account”. I knew right instantly that I probably should not click on...
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...1、value chain:ebay success is to contact the buyer and seller market, providing a global new online trading platform, anyone can carry a variety of products traded through this platform. Whether traditional industries and emerging networks must convert a way of thinking, that is, the ability to provide customer value. Competitive forces: The company now sells a staggeringly diverse array of goods and is one of the world’s most easily recognizable and well-known Web sites. eBay is a favorable proposition for smaller sellers to find markets for rare goods, or goods that are otherwise difficult to value. The company reduced posting fees for adding an item online and increased the collection fee for sold items.In August 2008, eBay lowered its listing fees for all sellers offering fixed-priced items under its “Buy It Now” format. EBay adjusted its search ordering system so that highly rated merchants appear first and receive more exposure. Roll out a rating system that made acquiring a high rating a much more time-consuming undertaking, favoring larger sellers with the time and energy to build a favorable rating. eBay’s growth strategy focused on expansion in geography and scope and on continuing innovation to enhance the variety and appeal of products in its sites. 2、Business model:brokerage model:Cyber Age through virtual network platform to bring together buyers and sellers of supply and demand information, coordination of their supply and demand and the payment of transaction...
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