Assignment #2: PayPal

1. Visit Paypal's website and scroll down to see the information about the service and determine what they do. IN ONE SENTENCE describe as much as you can about what Paypal does and why it is so popular.                                                                                                                                            -Paypal is a type of payment system for online purchases.
2. How does Paypal keep you safe while shopping at ALL OF THE ONLINE STORES that are possible to shop at these days? (think about your identity)                                                                    - When using Paypal you are at no risk of someone steal any of your credit card numbers or any other type of paying method.
3. How does Paypal make money if they aren't charging the buyer?                                                          -They make money from the stores they work with, they would get a small percentage of the equity.
4. If you buy something from Asia or Russia and it doesn't arrive how does Paypal protect you? This question may require Internet research.                                                                                            -If this did happen Paypal would look into the situation and reimburse you for the cost of the item and for the shipping.
5. If you started a business would you allow payment using Paypal? Why or why not?                         - Yes, I would because i feel that the customers would consider it a safer payment option and might consider using the website more often.
6. Visit https://www.google.ca/wallet and compare Paypal to Google Wallet OR Search for "APPLE PAY" and compare it to Paypal. Which do you prefer and why? Give 2 reasons.                                 -I would rather Paypal because i think it would more reliable and the service are by far more flexible.