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PayPal Payment The Success Story

This week I’ve been making a visit to my Dad and he doesn’t want to see me sitting on the computer or phone day after day!

So the night before I was due to visit him, I had to sit down to come up with a quick post for the weekend.

With only hours to pack AND write my next blog post, I was delighted to find an infographic on the PayPal payment success story in my inbox as a suggested article.

Using PayPal – My Own History

Before presenting the infographic I’ll just add my own thoughts and experiences of using PayPal.

When I had my very first website, many years ago, I sold an ebook and a service. Initially I took payments by cheque that were sent to me in the post, sometimes from overseas in which case the currency differences caused problems and excluded some customers completely. As you can imagine taking cheque payments was a tedious procedure and many excited customers probably lost their enthusiasm on the trip to the post box.

So it was a real delight for me to discover the simplicity with which I could become respectable by accepting PayPal payment. I remember feeling so proud when I managed to add my first “Payment by PayPal” button to my HTML coded website. (No mamby-pamby WordPress “back in the day”!)

At first customers were a little dubious and I had to make soothing noises sometimes, and still offer to accept cheques – but before too long PayPal payment became an accepted and trusted way to do business online.

So I’m grateful to PayPal for helping my own modest business expansion. No doubt many other small businesses feel the same.
PayPal payment

PayPal – A Trusted Brand

Just as being able to take PayPal payment gave ME online respectability, when I see another company that will accept PayPal payment, I can be pretty confident that they’re “good guys” and have been checked out, because of the PayPal acceptable use policy.

Being able to make a PayPal payment has increased competition online and made it easy for me, as a customer, to deal with small businesses, and made purchases from a wider number of suppliers.

Who Can’t Use PayPal?

You’ll see below that PayPal isn’t available in certain countries, which must be very difficult for the many legitimate marketers in those countries. That’s probably just one of many reasons why BitCoin trading is on the rise.

There’s a whole list of products and services that PayPal won’t accept, and their stance, in general, seems completely reasonable.

However as a network marketer, it’s a little disappointing to me that network marketing is an area that they “don’t like”, because it appears to be tarring the respectable companies in the MLM industry with the same brush as Ponzi and “get-rich” schemes. In fairness, I guess it’s sometimes not obvious which is which, so they err on the side of caution.

That aside, I am grateful for the ease with which I can both accept and make PayPal payments. Using PayPal has transformed the ability of small businesses such as myself to take payments alongside the big guys.

PayPal Disputes

Some people have had PayPal disputes that caused them huge problems. I can only share my (very few) examples of handling a PayPal dispute. Once as a supplier (see the story on the previous link), and a few times as a customer.

All the cases were resolved in my favour, so you can imagine that I take a fairly rose-spectacled view of PayPal dispute handling. However, other people may not have been as lucky as I was to have resolved the situation. If so, I completely understand, because I remember how terrified I was of being unable to use the PayPal payment procedure when my customer raised her dispute.

Anyway – enough of me and over to my guest author, Raj Vardhman. Thanks for his research and for presenting the fascinating story below.

Here for your enjoyment is …..

The PayPal Payment Success Story

PayPal Payment Success Story

Thanks to the author: RAJ VARDHMAN

Raj Vardhman comes from India. He is a casino expert and an ardent supporter of responsible gambling and good casino practices, which is why he likes PayPal so much. The PayPal e-wallet collaborates only with the most reliable companies. In his free time Raj enjoys rock climbing and quality lager beer.

Did You Enjoy The PayPal Success Story?

I hope you found that infographic as entertaining and interesting as I did.

When you looked at the PayPal success story with the benefit of hindsight you probably smiled to see that in 1999 PayPal was voted one of the year’s worst business ideas. That comment probably ranks with the decision of Dick Rowe, the man who turned down the Beatles!

What was your favourite snippet or experience of the PayPal payment success story?

Please share
Joy
 

I left it too late to plan for a financially secure retirement. Don't make my mistake. Start building an extra income with a part-time (or full-time) business online. Think you don't have time? Can't afford the start-up cost? Can't meet sales targets? The businesses I promote overcome all the problems you may have had with Internet Marketing before. Contact me for free advice (no obligation) on the best fit for your circumstances.

Chery Schmidt - August 9, 2017

Hey Joy! I did get a chuckle when I read that in 1999 PayPal was voted one of the year’s worst business ideas. Bad Idea Indeed Right? I do use and love PayPal!
Have a great visit with your dad girlfriend!
Great Share
Thanks
Chery :))

    Joy - August 12, 2017

    Hi Chery,

    Yes, that was a giggle wasn’t it! Thanks goodness PayPal persevered with their business idea. I think our own businesses and online shopping would be worse for not having.

    Enjoyed my trip to my Dad, thanks. Found him much better this time!

    Joy Healey – Blogging After Dark

Sonal Talwar - August 9, 2017

Hi Joy

Wonderful post! Awesome infographic.

Thanks for sharing!

Edward Thorpe - August 9, 2017

Hi Joy,

Really enjoyed your story about taking a chance with using PayPal as a funds processor. Also enjoyed hearing about your early online business tactics – you’ve come a long way!

Finally, brilliant infographic, Raj Vardhman!
Edward
P.S. Props to your Dad.

    Joy - August 10, 2017

    Hi Edward,

    Thanks 🙂 It was fun to reminisce about “way back when”, and when accepting PayPal payments was such an adventure.

    I loved the Paypal story infographic too.

    Props back from my Dad – it was such a relief to see him so much better than early in the year!

    Joy Healey – Blogging After Dark

Amber Harrop - August 9, 2017

I love Paypal it is so handy and I use it all the time so for me it is a definite success

    Joy - August 10, 2017

    Completely agree – PayPal convenient for customers and suppliers.

Elise Cohen Ho - August 9, 2017

I love PayPal. It is super easy and convenient for everyone.

Shantanu Sinha - August 10, 2017

Hello Raj,

Great to meet you here on Joy’s site 🙂

Indeed Paypal has changed the whole scenario of mode of payments through out the globe.

One can buy anything across the globe and the modes of payments which were a lot handy earlier, is now being eradicated.
Thanks to Paypal.

Yeah Bitcoins are now days trending a lot but still I think paypal is the best.

Thanks for the share.

Shantanu.

    Joy - August 12, 2017

    Hi Shantanu,

    PayPal really was a game-changer for small businesses and online shopping.

    BitCoins are all very well, but I think it will be a long time before they gain acceptance with the general public, judging by my friends’ reactions 🙂

    Joy Healey – Blogging After Dark

Donna Merrill - August 11, 2017

Hi Raj,

I think the biggest part of PayPal’s success is that they have gained the trust of the vast majority of people.

I always tell bloggers that no matter how many people they drive on to their email list or get to their landing pages, none of it matters until they come to trust you.

This is where I see PayPal writing their great success story.

And Joy mentioned, too, that the trust factor of being a PayPal Merchant was such an important thing in her business.

I love the graphic, but I’m a little surprised that among the competitors of PayPal… I don’t see Stripe listed.

I kind of figured that Stripe has become PayPal’s biggest competitor.

Great to have you on Joy’s blog today.

I thoroughly enjoyed the article.

-Donna

    Joy - August 12, 2017

    Hi Donna,

    Not hearing back from Raj 🙂 But no doubt he’s off somewhere designing more great infographics!!

    That’s a really good point about Stripe not being mentioned. Funnily enough I saw a history of Stripe on a Facebook page earlier today, but no source. I’m trying to get the source and permission to use it, because it was also very interesting.

    Yes, trust is vital isn’t it?

    Thanks for your visit today.

    Joy Healey – Blogging After Dark

Sharon T McLaughlin MD FACS - August 11, 2017

Great infographic, thanks for sharing the history. I remember the $100,000 fellowships, I am not sure what the outcome was of any of the participants.

    Joy - August 12, 2017

    Glad you enjoyed it Sharon. The $100,000 PayPal fellowships were new to me, along with a lot of the other history, but it made an interesting read.

    Joy Healey – Blogging After Dark

Marilyn K Foster - August 11, 2017

The thing that stuck out the most was in the beginning in order to use the service they charged you $20, $10, and $5 in order to sign up. The next thing is trying to figure out how I could apply it to the system I created for simple homekeeping. I was excited when someone bought a download from me and used PayPal. But the coolest story I have with Paypal is this…

It was spring in South Dakota and the dandelions were popping up fast and furious. I have spent the past 7 years mostly digging them up out of my yard with little weed b gone. Of course everyone around me had dandelions thick. I just don’t want them in my yard.

As a sarcastic joke I posted a photo of a grocery bag full of dandelions and said ‘Dandelions Free, includes roots’ Little did I know that one of my members of Marilyn’s Way read it and contacted her friend who lives in Florida. Apparently dandelions do not grow there and she has been asking friends to send her some so she can make dandelion soap.

I thought it was a joke at first. I contacted her and yes it was true. So long story short, I wrapped them in an old towel, put them in a box, take to the post office getting the approval to send, had it weighed and let her know what the cost was to ship it and that I would want a $5.00 handling fee. I gave her the quote. She agreed and paid me through non other than PayPal!

She let me know they arrived and were drying in the sun. When her soap was ready she would send me a bar. Who knows, maybe next spring I will be into the dandelion soap and salve business!

Happy you can spend time with your dad.

Marilyn

    Joy - August 11, 2017

    Hi Marilyn,

    What a fabulous story about a Paypal payment! I suppose it just shows that one person’s rubbish is another’s raw material.
    You’ll no doubt enjoy that soap all the more. Do let us know when it arrives.

    Joy Healey – Blogging After Dark

Kathryn Maclean - August 11, 2017

Hi Joy,
Good to hear you Dad is feeling better. Great post about Paypal. Quite the history lesson. I had no idea that Ebay bought Paypal. I have heard horror stories about big launches and Paypal thinking them suspicious. I get paid by Paypal so I do like it. Great informative infographic by Raj Vardhman.

    Joy - August 12, 2017

    Hi Kathryn

    The history of PayPal was fascinating wasn’t it! I knew about eBay, but most of the rest of it was completely new to me. For instance i didn’t remember they started off charging people.

    I’ve heard of people having problems, but I can only speak as I find. Like you, I get payments from PayPal, and when I did run into a couple of disputes they backed me up, so I’m very happy with their service.

    Loved the infographic from Raj Vardham and really appreciated his hard work.

    Joy Healey – Blogging After Dark

Praveen Verma - August 12, 2017

Hello
Joy,
Glad to read to your post. Paypal is the most popular site for transferring money between people and business online, It is very friendly and easy to use. I enjoyed the sucessful story of paypal and the infographic of paypal story is amazing.

I love PayPal, it is user friendly and convenient for everyone.

Best wishes,
Praveen verma

    Joy - August 12, 2017

    Hi Praveen,

    I did wonder when I made this post whether it would attract any people who had had bad experiences with PayPal, but I’m very pleased to see that most people have found it a helpful site, as I do.

    Joy Healey – Blogging After Dark

Ryan Biddulph - August 12, 2017

Thanks Raj and Joy. What a fun breakdown. I do not take Paypal for granted. Being able to receive and send money from virtually anywhere – with my VPN handy – has been a blessing for me. A hearty LOL on this being called a terrible business idea in 1999. Seems to me all great businesses run into at least some resistance at one time another; testing the founder’s clarity, to ensure they get clearer and keep going in the right direction.

    Joy - August 13, 2017

    Hi Ryan

    I really enjoyed this romp through the history of PayPal. Quite right – we should value what it has done to help our businesses.

    SO funny being called a terrible idea – I bet they’re kicking themselves now! Like the people who said that spreadsheets wouldn’t catch on!

    Great to see you on here again. Thanks for dropping by.

    Joy Healey – Blogging After Dark

Emi - August 13, 2017

Hi Joy, love the infographic 🙂
I am happy with PayPal using it for several years and I think is great
Thank you for sharing!

    Joy - August 18, 2017

    Thanks Emi,

    I’m a very happy user too, and it was great to learn more about the history of Paypal.

    Joy Healey – Blogging After Dark

Sam - August 21, 2017

Hi Joy,

This is so interesting. I really didn’t know about the history of Paypal. The infographic is just awesome and the best part of it – Former Paypal employees founded the biggest brands like Youtube, Tesla.

Joy, I really enjoyed this post and I’m looking forward to seeing a post like this one.

Thanks
Sam

    Joy - August 21, 2017

    Hi Sam,

    It was all new to me too!

    Yes, good point that former Paypal employees went on to do great things. Just shows what a good business training can do.

    Joy Healey – Blogging After Dark

Mairaj - August 24, 2017

Hello Raj,

A warm welcome to you here at Joy blog, nice work is done at your end in shape of a lovely article as well as a superlative infographic. No doubt Paypal is the easiest and the most convenient worldwide online payments system.

It is indeed an awesome resource that supports online money transfers very easily without facing any problem.

I really enjoyed the article 🙂

Warm regards

Mairaj

    Joy - August 26, 2017

    Hi Mairaj,

    Yes Raj did a wonderful job with his infographic on the history of Paypal.

    Things move fast in the ecommerce world. I remember initially being very suspicious of this online way to transfer money worldwide. Fast forward just a few years and PayPal is a trusted method and probably my preferred site but so many people are aware of it now.

    Joy Healey – Blogging After Dark

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