THE WHATIS.COM WORD-OF-THE-DAY September 16, 2003 PayPal
________________ SPONSORED BY: Microsoft The Quick Guide to Windows Server 2003. Get the latest information on installation, new features and training. Click here! http://WhatIs.com/r/0,,18334,00.htm?microsoft ________________ TODAY'S WORD: PayPal See our complete definition with hyperlinks at http://searchwebservices.techtarget.com/sDefinition/0,,sid26_gci927888,00.html PayPal is a Web-based application for the secure transfer of funds between member accounts. It doesn't cost the user anything to join PayPal or to send money through the service, but there is a fee structure in place for those members who wish to receive money. PayPal relies on the existing infrastructure used by financial institutions and credit card companies and uses advanced fraud prevention technologies to enhance the security of transactions. Max Levchin and Peter Theil founded PayPal in 1998. Levchin and Theil hoped to make online shopping more appealing to the consumer by creating a secure payment system that would be as easy to use as taking money out of your wallet. To send money through PayPal, you just enter the recipient's e-mail address and the amount of money you want to send them. By mid-2003, PayPal's Mountain View, California-based offices were administering over 30 million accounts in 38 countries around the world. EBay, the popular Web-based auction enterprise, acquired PayPal in October 2002. _____________________ SELECTED LINKS: The PayPal Web site offers more information about their service. https://www.paypal.com/ On HTML Goodies, Joe Burns explains "What is PayPal?" http://www.htmlgoodies.com/beyond/paypal.html Joel De Gan provides a tutorial for adding PayPal functionality to a Web site. http://www.zend.com/zend/tut/tutorial-paypal.php ______________________ TODAY'S TECH NEWS: PEOPLESOFT ANNOUNCES NEW TOOLS, KNOCKS ELLISON At its annual user event, PeopleSoft laid out an enhanced support plan, introduced four new tools to automate software management and took a few digs at its favorite foe. http://searchcrm.techtarget.com/originalContent/0,289142,sid11_gci927925,00.html OFFICE LIVE MEETING GOES LIVE Microsoft today is releasing the first version of its Web conferencing software since acquiring the technology when it purchased PlaceWare earlier this year. http://searchwin2000.techtarget.com/originalContent/0,289142,sid1_gci927845,00.html DATA RETENTION RULES DEMAND A GROUP EFFORT Users are facing a rash of new federal regulations -- SEC Rule 17a-4, the Sarbanes-Oxley Act, the USA Patriot Act, HIPAA. And all of them make data retention just another big old headache for the data center manager. http://searchstorage.techtarget.com/qna/0,289202,sid5_gci927388,00.html >> Catch up on all the latest IT news at http://searchtechtarget.techtarget.com/ _____________________ Quiz #42 | Shopping on the Internet If you've ever shopped at Amazon.com, bid on an auction at eBay, or done some B2B purchasing online, we invite you to take our latest quiz. Find out how much you really know about the language of e-business! >> Click to take the quiz http://whatis.techtarget.com/definition/0,,sid9_gci926124,00.html ______________________ Secret Word-of-the-Day | What is IT? HINT: Sometimes known as "buzz marketing"', this technique encourages Web site visitors to pass on a marketing message to their friends, creating a potentially exponential growth in the message's visibility and effect. >> See if you're right! http://searchcrm.techtarget.com/sDefinition/0,,sid11_gci213514,00.html ______________________ September IT Horoscopes | Horoscopes for geeks Hoping it'll be a great week? Maybe it's in the stars! See what the future holds for the month of September. ;-) http://whatis.techtarget.com/definition/0,,sid9_gci919205,00.html ______________________________ RECENT ADDITIONS AND UPDATES [1] Monte Carlo method http://whatis.techtarget.com/definition/0,,sid9_gci922393,00.html [2] virtual organization http://whatis.techtarget.com/definition/0,,sid9_gci213301,00.html [3] watchdog timer http://searchmobilecomputing.techtarget.com/sDefinition/0,,sid40_gci781540,00.html [4] DIME http://searchwebservices.techtarget.com/sDefinition/0,,sid26_gci921975,00.html [5] metropolitan area network http://searchnetworking.techtarget.com/sDefinition/0,,sid7_gci214083,00.html ____________________________________________________________________ ::::::::::::::::::: WHATIS.COM CONTACTS ::::::::::::::::::: LOWELL THING, Site Editor ([EMAIL PROTECTED]) MARGARET ROUSE, Associate Editor ([EMAIL PROTECTED]) IVY WIGMORE, Assistant Editor ([EMAIL PROTECTED]) ::::::::::::::::::::: ABOUT THIS NEWSLETTER :::::::::::::::::::::: This newsletter is published by TechTarget, the most targeted IT media. http://www.techtarget.com Copyright 2003 TechTarget. 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