Chapter 100 Account Security Period

……

"Guys, if PayPal wants to be a great company, we can't just think about what we can do, but what customers need us to do. Customers need the medium of online transfer, now that PayPal has been implemented, then customers need to ensure the security of their transactions, and if they are not satisfied with the goods they receive, they can achieve convenient refund services, which we have not covered. ”

“… Don't tell me this is something that e-commerce sites should consider. If we can solve this problem, then not only individual customers will rely on us, but even e-commerce websites and brick-and-mortar companies will rely on us for security services. This means that PayPal's app is not only for individuals, but also for online transfers between businesses. It's a huge, untapped, lucrative supermarket. If these can be solved, I believe that the future of PayPal will be a giant in the Internet payment industry with a market value of tens of billions of dollars. ”

Looking at the bright-eyed PayPal employees around him who were encouraged by him, Guo Shouyun understood that his strategy had succeeded. This is also a magic skill he learned from Jack Ma, called 'Painting Flatbread'. This trick not only successfully retained talents when Ali was in difficulty, but even allowed Cai Chongxin, who graduated from Yale and received an annual salary of 700,000 US dollars in a German investment company, to drop everything and defect to Ali, who was almost a grass stage team back then, which shows its power.

Of course, he doesn't have the kind of mouth of Jackma that is comparable to an international success master, but he has nearly 20 years of history to learn from. Standing high and looking far, the words spoken naturally have a convincing charm.

And this trick Guo Shouyun has also been tried and tested, LinkedIn, Google, including the matrix, have been 'fooled' by him.

"So what should we do?"

"yes, what should we do to attract more customers and improve PayPal's security?"

PayPal's long-term relaxed working atmosphere made the employees present ask without scruples.

After waving his hand to signal everyone to be quiet, Guo Shouyun, who was extremely satisfied with the results he achieved, continued with a smile: "If you want to solve this problem, it is not complicated, as long as you set an insurance period for each transaction fund. That is to say, at the moment when the buyer and the seller decide to trade, the buyer's funds will first enter the PayPal account, and when the seller's goods are delivered to the buyer, the buyer can press the payment button on the PayPal software for the transaction, then the funds will be transferred from the PayPal account to the seller's account. ”

“… If the buyer does not process the transaction, the funds will be automatically transferred to the seller's account after one week. In addition, if the buyer is not satisfied with the goods received and wants a refund, he can click the 'Return' button on the PayPal software, then the term of the transaction will be automatically extended for half a month until the dispute between the two parties is closed, and the money will be returned to the buyer or allocated to the seller. In this way, we have added an insurance policy to the transaction to ensure that the interests of both parties to the transaction are not lost as much as possible. I think with such a guarantee, many customers, and even merchants, are willing to use the PayPal software!"

"What a genius idea!"

Pete Thiel couldn't help but exclaim after a moment's thought.

"I think we should act quickly and bring this incredible idea to life on PayPal's program. Peter Thiel enthused.

His words won the unanimous consent of the crowd. The people present are all smart people, and Guo Shouyun's creativity is not complicated to say, they can understand the importance of the 'transaction security period' to the development of PayPal with a simple thought.

Seeing the eyes of everyone focused on him, Guo Shouyun understood that they were waiting for their decision. Obviously, after what he said just now, the people of PayPal recognized his existence. And this is exactly what Guo Shouyun wants.

Of course, he still has a lot of ideas for the development of PayPal. But now he doesn't want to take it all out, partly because the time is not yet ripe, and partly because it is easier to establish his prestige among PayPal employees by pulling out little by little.

"I'm glad you are in the state you are working in now, and I hope you can keep it up in the days to come. I look forward to the day when I go to the NASDAQ with you to ring the bell and adjourn!"

After everyone dispersed, Guo Shouyun greeted Pete Thiel and PayPal's chief financial officer David Sachs and walked into the chairman's office prepared for him in advance.

"I brought you two here, I have something to explain to you!"

The two glanced at each other and nodded in agreement.

"When the function of PayPal's 'transaction security period' is developed and perfected and introduced to the market, tens of millions will appear in our PayPal bank accounts, and there will even be hundreds of millions, billions, or even tens of billions of precipitated funds in the future." If there is a bank alone, it will not create the greatest benefit for our company, so the most reasonable way is to borrow for a short time. But how much to borrow, and how long, needs to be studied. We must ensure that the liquidity of the funds in our account cannot be problematic!"

Guo Shouyun's words suddenly made the eyes of the two of them light up. They also thought about it in an instant. U.S. express delivery is generally 3~7 days, and holidays will be postponed. In the event of a return or refund, the funds remain in your PayPal account for longer. It's a huge maneuverable space. Especially in a country with a highly developed financial industry like the United States, the benefits that this money can generate are absolutely beyond imagination.

"Pete, David, one of you is responsible for the day-to-day management of PayPal, and the other is responsible for finances. Once our safe period trading program is launched, you work with each other to make a detailed investment plan based on the number of days all the funds have been in your PayPal account. Remember, don't go for high returns, safety, low risk, and stable cash flow are at the heart of this investment plan. ”

"Understood, boss!" the two said in unison.

"Call me Bruce, that's what everyone calls me inside PayPal!" After a pause, after the two of them nodded, "That's all I have to say, are you still okay?"

"Nope!"

"Then go get busy!"

After nodding, the two got up and walked out.

"Boss, you were so cool just now. Wendy Solow said with adoration in her eyes.

"Yes! These PayPal people are all talented weirdos, with a smelly and hard temper, and the boss can convince them in just ten minutes, which is really admirable!" Qin Zhicheng said appreciatively.

Guo Shouyun waved his hand, "Okay, you two don't have to praise me." … Old Qin, I promised you a week's vacation after acquiring PayPal and the CDMA R&D department of the giant company. Now that I've fulfilled my promise, you'll be able to relax for the next week. ”

"Thank you boss, it looks like I'm going to hurry up and book a plane ticket to Hawaii!"

"Go ahead, remember to bring me a gift when you come back!"

Qin Zhicheng nodded with a smile, and after saying 'goodbye', he turned around and walked out of the office.

"Wendy, is David Hayman still in Los Angeles?"

"It's still there!"

Guo Shouyun nodded, "Let Buddy pay more attention to his whereabouts, this guy was kicked out by us and Warner together, and he can still be so quiet until now, it's a little abnormal!"

"The boss suspects he's targeting us?" Wendy Solo frowned.

"AOL Time Warner is a world-class media giant with a market value of more than 100 billion, David Heyman is not a fool, he will not touch a stone with an egg, only we are relatively better to deal with!" Guo Shouyun said with a deep gaze.

"Should we hurry back to Los Angeles, then?" Wendy Solow worried.

"Of course I have to go back, but I don't need to be in a hurry!" Guo Shouyun shook his head slightly, the best way in this matter is to 'respond to all changes with the same'. Moreover, he did not believe that David Hayman, an Englishman, could come up with any means that would pose a major threat to him.

Of course, this conceited idea later made him and Matrix Pictures suffer a big loss, and I won't show it for the time being.

"Boss, I'm not questioning your decision, but if Heiman Pictures hadn't been excluded in the first place, I'm afraid you wouldn't have these troubles now!"

"You're right, but business is not about making friends, and we can't please everyone!"

A "Harry Potter" has generated economic benefits of more than $30 billion in less than 20 years, such a huge benefit, if it weren't for the current strength of Matrix Pictures, he wouldn't even share it with Time Warner, let alone Blackman Pictures?

Wendy Solo also studied economics, and of course understands the cruelty of shopping mall competition.

"Okay, put aside David Heyman's affairs for the time being, you help me sort out the PayPal information, I'll take it to see!"

"Okay!"

……

The next evening!

"Wendy, how's it going, am I dressed appropriately?"

After tidying up the black jacket on his body and examining it in the mirror, Guo Shouyun asked with a smile.

"Of course. But it's cooler when you're in a suit!"

Wendy smiled and nodded.

"I'm going to the class reunion, and it's a little inappropriate to wear a suit!"

"Do you need me to come with you?"

"No need, you look so beautiful, I'm afraid my classmates will drool when you get there!" After teasing, Guo Shouyun picked up the mobile phone on the table, "Matthew, you go with me!"

Matthew Bloom nodded, this retired elite of the Delta Special Forces is the second personal bodyguard by Guo Shouyun's side, and he just joined last week.

Wendy, who had already understood Guo Shouyun's character, did not insist.

"Don't come back too late, you'll fly to Seattle tomorrow. ”

"I know!"

After casually raising his hand and waving his hand casually, Guo Shouyun turned around and walked out of the room. Driven by Matthew, the two arrived at Martin Alexander's home.