Electronic commerce of at least 7,000 domestic firms will receive a boost through the new system launched by the National Bank and PayPal payment.
The new platform will allow local businesses to receive the money from the sale of products and services that made through Internet in a period of five days.
Currently this process takes at least 45 days, because the companies that work with the foreign firm must open an account at a bank in United States.
Now to receive resources, the company only must have an account at PayPal and another at the national.
Access to Internet Banking from the Bank, using the security token system.
Paypal manages an online system that allows you to send and receive payments of more than 110 million users in 190 countries.Whole procedure can be done over the network, the client will not have to go to any agency of the Bank.
Platform allows when a person makes a purchase online you don’t have to give your card number to trade, but that makes it through the American company.
In addition, the financial information of the user is more protected.
For this service, the firm charges a percentage. In the case of the national its will cost 0.5% of Commission, with a minimum of US$ 11.
“Will be very useful for hotels, travel agents, exporters and have a major impact on small and medium-sized enterprises that have penetrated in sales on the net,” said Jorge Badilla, director of people banking of the National Bank.
The projection is that, in the next two years, payment transactions can reach the annual$ 80 million. However, the expectation is that this amount can be higher due to the growth of the Internet sales potential.
“The potential is enormous.” Only in our e-commerce platform we have affiliates 300 business and Paypal has 7 thousand in Costa Rica. “Use will be not only with clients outside, but also those who are in the country,” he stressed Badilla.With the Alliance, the national becomes the first bank in Central America in handling funds paid through PayPal.
The use of this payment system has allowed eight out of ten companies increase their sales, according to the IPSOS market research firm.
Paypal is a global e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic options to pay with traditional paper methods, such as checks and money orders.
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