Integrate Paypal with Microsoft Exchange

Paypal was founded in 1998; it was developed to be an easy way to pay online. It was developed by a man named Peter Thiel and two other founders, Max Levchin and Luke Nosek. In the beginning, they just offered money sending services but it grew into more than that. Now, Paypal allows people to send money to other users, pay bills, and trade currency. The integration with Microsoft Exchange is important because it will allow the synchronization of their two products. There are many benefits to the integration of these two products and Paypal and Microsoft Exchange will increase their profits from them as well.

Paypal is not only a payment service; it is also an exchange of currencies, users can buy virtual goods with Paypal and it can be used for online banking. Paypal has over 170 million registered users in 190 countries. People can use Paypal in over 200 markets; all the transactions go through Paypal. People who use Paypal are able to send and receive payments through various means of payment such as bank account, debit card or credit card. People can also use Paypal Balance where they store their funds in their Paypal account. Users are able to send money to other users or businesses. If they want to withdraw the money from their Paypal account, they will receive a bank transfer or a cash transfer at an ATM machine.

Microsoft Exchange is a server product that integrates with different email programs and allows people to connect to Sharepoint and Lync. Microsoft Exchange is used by millions of businesses and people in the world. With Exchange Server 2010, users are able to access their messages wherever they are and send and receive messages easily. The synchronization between Microsoft Exchange and Paypal will allow users to view their funds stored in their Paypal account on their Microsoft Outlook. "The new feature is a nice addition for people using both platforms." (Gizmodo. This will allow Paypal users to add money to their account with just one click and pay for purchased items with just one click as well. Integration of these two programs will enable businesses to send invoices and receive payments for goods that they have spd through Paypal. "The extended capabilities will help drive higher revenue for both companies."(Gizmodo. They will be able to get paid faster instead of waiting for people to manually send them money.

The integration of Microsoft Exchange and Paypal will be beneficial for both companies as well as users. Paypal users will be able to view their funds on their Microsoft Outlook and pay for goods purchased online through Paypal. Businesses will be able to receive payments faster and pay their employees faster as well. Both companies will profit from this integration since they will be able to receive more money from users when customers buy goods or services online through Paypal. Hopefully, the two companies cooperate effectively so they can greatly increase their profits from this integration of their products.

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