PayPal
is a publicly traded company, and was named a Forbes Favorite Website
in the magazine's May 2001 "Best of the Web" issue. PayPal
enables any business or consumer with an e-mail address, to securely,
conveniently, and cost-effectively send and receive payments online.
Services are offered in 37 countries to over 15 million registered
users, including more than 2.5 million business accounts. Counterpoint
Communications is one of those registered business accounts.
As
a response to 9/11, in October 2001, the U.S. Congress passed the
USA Patriot Act. The Act required companies like PayPal
to verify the identity of its customers, keep records on what documents
were used as part of the verification process, and continually consult
lists of known or supected terrorists as a way of matching government
watch lists. PayPal has certified that
it meets these three requirements and will modify or add policies
as required by the Treasury Department. Wall Street Journal , 10/21/2002,
p. R9.
More
information about PayPal is available at www.paypal.com.
CounterPoint
Communications/PayPal Buyer Protection Policy
| CPC
implements the following protections on behalf of buyers: |
| • |
CPC
has a U.S. Verified Business PayPal account. |
| • |
CPC
ships to the buyer's Confirmed Address. |
| • |
CPC
provides proof-of-shipment which can be tracked online. |
| • |
CPC
accepts a single payment from only 1 PayPal account for the purchase.
|
| • |
CPC
ships to a domestic (U.S.) buyer at a U.S. address. |
| • |
CPC
cooperates in resolving disputes in a timely manner. |
| • |
CPC
ships within 7 business days (or less) of receiving payment. |