Sunday, December 6, 2009

PayPal


During our development stage an important consideration was how to facilitate online payments and PayPal was our first option. Since we’ve launched, there has been a lot of question on the security of the website so I’ve decided to provide some additional information on PayPal and the security that it offers our customers.

So how does PayPal work? Basically PayPal acts as an online broker or financial middleman that provides a safe and convenient way of making online payments. If you opt to register with PayPal, your information is stored in their database; when purchasing from an online merchant, like The Island Shack, you are simply redirected to PayPal’s website where you log in and proceed with the transaction. Payment can still be made through PayPal even if you do not have a PayPal account. You are simply required to enter your relevant information into their forms and proceed with the transaction. Notably, these online merchants receive the payment from PayPal without ever seeing your financial information.

What makes PayPal so great is the protection that it offers. PayPal protects it users by maintaining physical, electronic and procedural safeguards that are all in compliance US Federal and State Regulations. Additionally, safeguards such as firewalls and data encryption as well as physical access controls to PayPal’s buildings and files help ensure that you information is closely protected. Simply put, your information is as well protected as the President himself.

PayPal also works with you to protect any unauthorized payment. Email confirmations are sent for ALL online purchases. If you receive an email for a transaction that was not approved, you can contact them to resolve the issue and you will not be responsible for the charge. Additionally, if the product received varying significantly from what was advertised or if you don’t receive the product that was purchased, and you are unable to resolve it with the merchant, you can open a Dispute under their Buyer Protection Program and receive a reimbursement of your purchase price.

This was the main reasons why we option to use PayPal - It protects you, our customers. So you can rest assured that online purchases made on The Island Shack are well protected by PayPal

For more information, you can visit their website at www.PayPal.com.

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