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Strengths And Weaknesses Of Paypal Corporation

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PayPal Holdings, Inc. is a worldwide online payments system. Online money transfers serve as electronic alternatives to traditional paper methods like checks and money orders.The company operates as a technology platform that enables businesses of various sizes to accept payments from merchant websites, mobile devices, applications, offline retail locations through a wide range of payment solutions, like PayPal, PayPal Credit, Braintree, Venmo and Xoom. The company's platform allows customers to pay, get paid, transfer and withdraw funds to their bank accounts and credit cards, hold balances in their PayPal accounts in various currencies. Today, PayPal operates in more than 200 markets, manages more than 180 million accounts, and facilitates a variety of financial transactions in 26 currencies. ‘SWOT analysis is a means of analysing the environment of an organisation by assessing the internal strengths and weaknesses and external opportunities and threats’1 PayPal’s strengths are: its simplicity -opening an account can be accomplished in a few minutes, one touch checkout, low transaction fees, strong buyer protection program. PayPal’s weaknesses are company’s fraud detection can be heavy-handed, it’s arbitration system is not always adhered to, hitting the merchant with unwarranted charge-backs. PayPal is a company that has …show more content…

The core of PayPal business strategy is constant innovation and it would be impossible without information systems. PayPal is the pioneer of the e-commerce and now focused on online, mobile and in-store payments. Nowadays, the payments processing space is fast changing and for all the new emerging payments options on the market PayPal must be able to offer a product to

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