Some Information About Paypal

**honey12** · 08-05-09, 17:53

Originally Posted by ssarkar

Is paypal a Singapore based company? I have heard about it before but not sure.

I'm not sure about it but their e-mail always include a consumer advisory and it is stated there that the holder of PayPal’s stored value
facility, does not require the approval of the Monetary Authority of Singapore.

**indieover** · 09-05-09, 04:17

Originally Posted by kiatsiang

Originally Posted by ssarkar

Is paypal a Singapore based company? I have heard about it before but not sure.

Well, where do you heard about this? i thought paypal suppose to be a US based company as the are under th group of company of ebay too, where ebay is started from US too.

maybe they have a branch of office in singapore for asian members. for sure that this paypal main is from US. i called their hotline before which is in US actually.

**traveler** · 09-05-09, 07:36

paypal is originally came from US..not in Singapore, maybe they only have branch office from different places since paypal is widely used worldwide.

**honey12** · 09-05-09, 10:33

Originally Posted by indieover

Originally Posted by kiatsiang

Originally Posted by ssarkar

Is paypal a Singapore based company? I have heard about it before but not sure.

Well, where do you heard about this? i thought paypal suppose to be a US based company as the are under th group of company of ebay too, where ebay is started from US too.

maybe they have a branch of office in singapore for asian members. for sure that this paypal main is from US. i called their hotline before which is in US actually.

I'm also thinking the same since paypal is worldwide there have branches everywhere. When I've called paypal support I was assisted by an agent based in US.

**alensot** · 09-05-09, 11:33

I am holding Paypal account for more than a year now and it seems they are implementing some more changes in their charge back policy from next month 1st onwards as it is written in their site now

**kiatsiang** · 09-05-09, 17:32

Originally Posted by alensot

I am holding Paypal account for more than a year now and it seems they are implementing some more changes in their charge back policy from next month 1st onwards as it is written in their site now

What is the new changes on the plicy chargeback? Is there no such a long of 60days charge back as many scammer make use of this caharge back services to scam exchanger online.

**mr.microsoft** · 09-05-09, 18:24

Originally Posted by honey12

Originally Posted by indieover

Originally Posted by kiatsiang

Originally Posted by ssarkar

Is paypal a Singapore based company? I have heard about it before but not sure.

Well, where do you heard about this? i thought paypal suppose to be a US based company as the are under th group of company of ebay too, where ebay is started from US too.

maybe they have a branch of office in singapore for asian members. for sure that this paypal main is from US. i called their hotline before which is in US actually.

I'm also thinking the same since paypal is worldwide there have branches everywhere. When I've called paypal support I was assisted by an agent based in US.

Paypal is a US based company and so it's main support system is based in US too. They have not outsourced the support to anyone.

**easy08** · 11-05-09, 04:09

well,paypal was acquired by ebay,so without ebay,without paypal.
now paypal is so good,and be used by more and more people in the web area.we should thanks ebay which support paypay for us.

**traveler** · 11-05-09, 04:24

i am secured with paypal and finally i will verify my account but i still don't know how much they charge to verify my account.

**sekhar4m92** · 11-05-09, 11:40

Originally Posted by traveler

i am secured with paypal and finally i will verify my account but i still don't know how much they charge to verify my account.

I Think They are Charging $1.99 for Preliminary charge which will be deducted from your credit card, Actually I'm Indian member and this is what the info I got when Once I tried for Verifying my Account...

**revvv1234** · 14-05-09, 06:04

Originally Posted by honey12

Originally Posted by indieover

Originally Posted by kiatsiang

Originally Posted by ssarkar

Is paypal a Singapore based company? I have heard about it before but not sure.

Well, where do you heard about this? i thought paypal suppose to be a US based company as the are under th group of company of ebay too, where ebay is started from US too.

maybe they have a branch of office in singapore for asian members. for sure that this paypal main is from US. i called their hotline before which is in US actually.

I'm also thinking the same since paypal is worldwide there have branches everywhere. When I've called paypal support I was assisted by an agent based in US.

No paypal is completely USA based company.It has nothing to do With Singapore.May be they have a branch there but it does not have origin in Singapore.

**honey12** · 14-05-09, 07:38

Originally Posted by traveler

i am secured with paypal and finally i will verify my account but i still don't know how much they charge to verify my account.

It will cost you $1.95 since you are from PI but it will return to you once you have confirmed your card.

**revvv1234** · 14-05-09, 08:13

Originally Posted by honey12

Originally Posted by traveler

i am secured with paypal and finally i will verify my account but i still don't know how much they charge to verify my account.

It will cost you $1.95 since you are from PI but it will return to you once you have confirmed your card.

Biut why do take money in the first place? if they are going to return it.

**debasis** · 14-05-09, 08:22

Originally Posted by sallyxu126

Some Information About Paypal

Founded in 1998, PayPal, an eBay Company, enables any individual or business with an email address to securely, easily and quickly send and receive payments online. PayPal's service builds on the existing financial infrastructure of bank accounts and credit cards and utilizes the world's most advanced proprietary fraud prevention systems to create a safe, global, real-time payment solution.

PayPal has quickly become a global leader in online payment solutions with 100 million account members worldwide. Available in 55 countries and regions around the world, buyers and sellers on eBay, online retailers, online businesses, as well as traditional offline businesses are transacting with PayPal.

PayPal has received close to 20 awards for technical excellence from the internet industry and the business community at large -most recently the 2003 Webby Award for Best Finance Site and the 2003 Webby People's Voice Award for Best Finance Site.

Located in San Jose, California, PayPal was acquired by eBay Inc. in October, 2002.

Information can be found here: http://www.paypal.com/cgi-bin/webscr.../about-outside

ya you are right that they belongs to e-bay company and they also support much for ebay site only and thanks for the huge and valuable information.

**hyxfei** · 14-05-09, 09:56

Originally Posted by revvv1234

Originally Posted by honey12

Originally Posted by traveler

i am secured with paypal and finally i will verify my account but i still don't know how much they charge to verify my account.

It will cost you $1.95 since you are from PI but it will return to you once you have confirmed your card.

Biut why do take money in the first place? if they are going to return it.

well. if paypal can deduct money from the creditcard account and refund to the paypal account. that means both the creditcard account and paypal account belong to the same person. so this paypal account can be verified .

**sekhar4m92** · 15-05-09, 03:29

Thanks for Sharing the Information About PayPal but PayPal was founded in 1998 according to there Site not in 1999, So rectify your Data...

**revvv1234** · 15-05-09, 06:48

Originally Posted by hyxfei

Originally Posted by revvv1234

Originally Posted by honey12

Originally Posted by traveler

i am secured with paypal and finally i will verify my account but i still don't know how much they charge to verify my account.

It will cost you $1.95 since you are from PI but it will return to you once you have confirmed your card.

Biut why do take money in the first place? if they are going to return it.

well. if paypal can deduct money from the creditcard account and refund to the paypal account. that means both the creditcard account and paypal account belong to the same person. so this paypal account can be verified .

Ya.That is logical and safe also.I just found out about this and Paypal was formed in 1999.

**alensot** · 15-05-09, 07:01

Originally Posted by kiatsiang

Originally Posted by alensot

I am holding Paypal account for more than a year now and it seems they are implementing some more changes in their charge back policy from next month 1st onwards as it is written in their site now

What is the new changes on the plicy chargeback? Is there no such a long of 60days charge back as many scammer make use of this caharge back services to scam exchanger online.

This news about charge back policy are put up in the Paypal website and what all changes they are bringing is not at all clear as it is not mentioned anywhere

**kiatsiang** · 15-05-09, 08:57

Originally Posted by revvv1234

Originally Posted by honey12

Originally Posted by traveler

i am secured with paypal and finally i will verify my account but i still don't know how much they charge to verify my account.

It will cost you $1.95 since you are from PI but it will return to you once you have confirmed your card.

Biut why do take money in the first place? if they are going to return it.

The reasons of charging the amount into your card of course is to verify your account, if the credit cards is not belong to yours, you will receives a special pin with the credit card statement on the paypal transaction, so, after you key in valid pin, your account is verified then paypal pay you back the money. Paypal is not going to earn any cents from the verification process.

**revvv1234** · 15-05-09, 17:36

Originally Posted by kiatsiang

Originally Posted by revvv1234

Originally Posted by honey12

Originally Posted by traveler

i am secured with paypal and finally i will verify my account but i still don't know how much they charge to verify my account.

It will cost you $1.95 since you are from PI but it will return to you once you have confirmed your card.

Biut why do take money in the first place? if they are going to return it.

The reasons of charging the amount into your card of course is to verify your account, if the credit cards is not belong to yours, you will receives a special pin with the credit card statement on the paypal transaction, so, after you key in valid pin, your account is verified then paypal pay you back the money. Paypal is not going to earn any cents from the verification process.

I know that anything can happen if account is not verified.If it is verified then if something scam happens with your account then paypal has your information and i am not against it but my point is they should accept debit card to verify card at least in India they do not accept debit card and it is difficult to get credit card.