PayPal Hits 100 Million Active Users

Company: PayPal
Website: paypal.com
Launch Date: January 12, 1998
Funding: $197M

PayPal is an online payments and money transfer service that allows you to send money via email, phone, text message or Skype. They offer products to both individuals and businesses alike, including online vendors, auction sites and corporate users. PayPal connects effortlessly to bank accounts and credit cards. PayPal Mobile is one of PayPal’s newest products. It allows you to send payments by text message or by using PayPal’s mobile browser. PayPal created the Gausebeck-Levchin test, which is that blurry…

PayPal has hit 100 million active users. The company confirmed the milestone today. Last week, the company announced that it was upping estimates of the amount of mobile payments transactions using the technology this year; doubling the estimate to $3 billion in mobile total payments volume (TPV) in 2011.

At the end of last year, PayPal, which is owned by eBay, had around 94.4 million active users, and has been adding approximately one million active accounts per month. It’s unclear, however, what PayPal considers as an ‘active user.’

PayPal now represents 39 percent of eBay’s total revenue, and nearly made $1 billion in revenue for the company in the first quarter of 2011, up 23 percent from the same quarter in the previous year

In terms of mobile, PayPal is also seeing up to $10 million in mobile TPV a day, which is up from $6 million PayPal reported in March. The company currently has eight million customers who are regularly making purchases on their mobile phones, up from a previously reported six million users.

2011 should continue to be a big year for PayPal, as it becomes a central part of eBay’s local commerce strategy. And PayPal now faces competition from Google’s mobile payments system, Google Wallet, Square and maybe even Facebook.

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Buy Liberty reserve in nigeria

Hi everyone, Our review of e-currencies market is from the leader – Liberty Reserve. Due to information from LR website, company was founded in year 2002 in Costa-Rica, but real popularity came to them only in 2006-2007 years, when e-gold began to lose its market positions. Crisis of egold and other US-based e-currencies is topic for other article, and these crysis helped Liberty Reserve to gain popularity at e-currency market, especially in HYIP market. We will describe HYIP industry in different article, just will say in few words, that processing HYIPs in US and few other countries can be supposed as serious crime, but Costa-Rican laws are not so strict in this matter. That’s why Liberty Reserve accepts gambling, hyip, investments companies, which are “personas non grata” for many payment processors and e-currencies. In this industry LR is leader without doubts.

The popularity of this e-currency was also affected by the fact, that Liberty Reserve , until recently,  never asked someone IDs for account verification. System is still anonymous, but according to posts on various forums LR sometimes requires account verification. Such situations are rare, and most account holders are anonymous, but looks like now the system is not so 100% anonymous as it was before. Perhaps this is due to the fact that Liberty Reserve is working to complete legalization of the system, and Costa Rican regulatory authorities require them to perform certain rules and regulations. However, if you’re not doing something really illegal, and do not violate TOS, it is unlikely that you will face with the verification procedure.

All LR accounts are multicurrency – every account have balances in U.S. dollars, euros, and gold (in grams). Account looks like U1234567 (up to 7 numbers), account of exchanger starts with X (for example X123456). Each currency has its own balance, and you can´t change for example USD to EUR without using one of exchangers. System fee for transfer is 1% of amount and is taken from receiver, and maximum fee is just $2.99! This makes LR very profitable for transferring medium and big amounts. Also there is option to make your transfer anonymous (receiver will not see your account number) for additional $0.75 fee. All transfers are instant and irreversible – you can’t cancel any fullfilled transaction. In case of fraud, you can contact LR support and ask them to block receiver of transfer. But it will not be easy to get your money back – due to Liberty Reserve´s terms of service, they can reverse transfer only by decision of the Costa-Rican court order, so please be extremely careful not to transfer funds to questionable persons and companies.

All buy/sell operations and exchange to other e-currecies) can be done only with the help of exchangers, list of authorized exchangers is available at Liberty Reserve website. For all operations of in- out- and inter-exchanges of LR we recommend to use nigeriagoldexchanger.com, with who we successfully work for a long time. This exchanger started work with Liberty Reserve from year 2007, and have many options of buying, selling and exchanging LR. They can send/receive bank wire transfers in different currencies, Western Union/Moneygram/Xoom/etc and have many other options – cash, Paypal and others. Also they have 24/7/365 support service in 3 languages – English, Spanish, Russian. In some countries (Ecuador, Russia, Panama, Latvia, Thailand, Kazakhstan, Ucraine) this exchanger have local bank accounts, so you can buy Liberty Reserve cheap or sell LR very fast and with minimal fee. Check their website for more information!

Liberty Reserve accounts are protected from hacks/etc with decent level  of security. When registering an account, in addition to a password, you will also need to select the welcome message for your account, which protects against fraudulent phishing sites  – if you will inattentively open a “fake” Liberty Reserver website, you will immediately realize the error without seeing your welcome message.  Also you will need to enter 2 pin codes  – three-digit for login to account (login key), and a five-digit code for the transfer of funds (master key). Even if your computer is infected with a trojan virus, it will not be easy for hackers to steal your PIN codes – they are entered only with the virtual keyboard, and a sequence of button locations is different every time. There is also option of blocking access by IP-address – if you have fixed ip address, then you can block access to your account from any other address. We’ve seen post on various forums, that claimed that hackers could steal money from other peoples accounts because of vulnerabilities in LR security system, but the victims could not prove such facts. In summary, we can say that if you follow basic rules of your computers safety, your funds in LR are safe.

LR´s interface is quite standard and does not differs much from most of other e-currencies. Not so long ago Liberty Reserve published few new features on their site, and some of this services are quite useful. Perhaps the most convenient feature is “Transfer Search” – it allows you to verify information about the entered batch-number, also “Info” function is quite useful – it shows information about holder of the entered account. Other functions are more standard – locking of your account , reminding your account number and etc. Referral program was previously available – it paid for each registration under your link, and then gave you part of the commission taken from your referrals, but some time ago it was closed.

Liberty Reserve is undoubted leader in its niche, so we recommend this e-currency to everyone who need reliable, inexpensive and anonymous payment system.

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Buy Liberty Reserve in nigeria

«Limited account» in 99% cases means, that account holder did not finished registration process. If you have such problem with your account, you will have to do the following:

1) Log in your account at Liberty Reserve website (enter your account number and password, that you received after first part of registration).

2) Confirm, that your personal welcome message is correct. Just click «Continue» in this screen, if all is ok:

3) Enter your Login Pin, that you received after completing first part of registration (was shown in same page with your account password).

4) Now you have to enter your personal details. All fields, marked with asterisk (*) symbol are obligatory, you can skip all others if you need. Pay attention to your DOB (date of birth), if you will loose access to your account, you will be asked to confirm it among with other information.

Also you will have to choose purpose of using your LR account and your occupation. It is not so important what you will choose here, anyway you can use your account for any legal business. Press «Continue» when you are finished.

Congratulations, now limit is off, and your account registration is finished! Now you can send and receive Liberty Reserve transfers without any limits. If you need trusted Liberty Reserve exchanger

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