Did You Know This

Tuesday, December 2, 2014

Did you know that PayPal is one of the world's largest internet payment companies?


Did you know that the ABA routing number is a 9-digit identification number assigned to financial institutions by The American Bankers Association (ABA)?

Did you know that this number identifies the financial institution upon which a payment is drawn?

Did you know that routing numbers are sometimes referred to as "check routing numbers", "ABA
numbers", or "routing transit numbers" (RTN)?

Did you know that your Bank Wiring routing Number is different from your routing number?

Did you know that Routing numbers may differ depending on where your account was opened and the type of transaction made?

Did you know that Routing numbers depend on the type of transaction?
Did you know that a Paper Transactions orders checks?

Did you know that an Electronic transactions will set up direct deposits (e.g. to receive paychecks or IRS refunds); make outgoing payments to other financial institutions?
Did you know that a Wire transfers receives incoming domestic or international wire transfers?

Did you know that the Automated Clearing House (ACH) is an electronic payment delivery system which allows you to make payments or collect funds electronically through the ACH network?
Did you know that (ACH) can help you take advantage of the speed and efficiency of electronic payments
and collections available through the ACH network, giving you better control over the timing of payments that post to your bank account(s)?
 ACH transactions are usually next-day entries when exchanged with other financial institutions. ACH functions include direct deposits and check conversions from paper to electronic.
For ACH transactions, please use the routing number for electronic transactions.
Did you know PayPal is an American, international digital wallet based e-commerce business allowing payments and money transfers to be made through the Internet?

Did you know that PayPal Online money transfers serve as electronic alternatives to paying with traditional paper methods, such as checks and money orders?

Did you know that PayPal is one of the world's largest internet payment companies?[5]  

Did you know that PayPal operates as an acquirer, performing payment processing for online vendors, auction sites and other commercial users, for which it charges a fee?
Did you know that PayPal was Established in 1998?[6] 

Did you know that PayPal (NASDAQPYPL) had its IPO in 2002, and became a wholly owned subsidiary of eBay later that year?[7][8] 

Did you know that in 2013, PayPal moved $180 billion in 26 currencies across 193 nations, generating a total revenue of $6.6 billion (41% of eBay’s total profits)?[9] 
 
Did you know that in 2014, eBay announced plans to spin-off PayPal into an independent company the
following year?





 Now if you didn't know, now you know...



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