PayPal – A Safe, Secure Option for Small and Medium Businessmen
Growth in net penetration had let to phenomenal growth in on-line trade and if experts are to be believed, the trade which has already doubled in past three years, is set to grow at least 7 times in next 5 years or so. To match this growth, there is growing requirement of merchant accounts, credit card processors and payment gateways.
Unfortunately growth is on line trade is matched by corresponding growth of parallel profession of internet-fraudsters. To compound the problem further, the legal infrastructure, in most countries to cope with net frauds is in its infancy. Electronic contracts that have been issued have not tested the judicial waters.
Getting a merchant account is not easy for all. It is an expensive proposition, in terms of initial set up costs to have secured huckster proof network and security levels have to grow to keep pace with growing threat perception.
Then how to evince consumer’s interest to transact on the net with a sense of security? You must study the users’ opinions and terms of the credit card processors. In fact...
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