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GUNPAL, Inc.: The First Serious Competitor for PayPal Inc.

Posted : Tue, 03 Nov 2009 12:42:26 GMT
Author : GUNPAL, Inc.
Category : Press Release
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HEALDSBURG, Calif., Nov. 3 CA-GUNPAL,-Inc.

HEALDSBURG, Calif., Nov. 3 /PRNewswire/ -- "GUNPAL, Inc. is a transaction-neutral online payment platform with a philanthropic spirit," announces Founder/CEO Ben Cannon. "It is also the first serious competitor for PayPal Inc."

A percentage of each transaction is donated to a selected charity at no additional cost to the user. The initial list of organizations includes the American Red Cross, American Cancer Society, and the Supercomputing Disease Research Center. Users can also suggest charities for consideration.

An avid supporter of constitutional rights, Cannon created a discrimination-free online payment application, starting with the recognition of the Second Amendment right to keep and bear arms.

Prohibited by PayPal's "Acceptable Use Policy", the $3 billion firearms and accessories industry has adopted GUNPAL as the payment platform of choice. "Firearms can only be sold by licensed dealers. GUNPAL is more convenient than other forms of payment as its comprehensive transaction tracking system is secure and reliable for our audits," says Mitchel Chapman of WBtactical.com, a licensed firearms dealer.

An estimated one hundred million firearm owners nationwide now have a platform with which they can trade ammunition, scopes, and other accessories securely and hassle-free. As a socially responsible company, GUNPAL directs its firearm buyers to government documentation on current firearm laws and regulations and will provide licensed dealer listings by buyers' zip codes in a future release. Having dominated the firearms niche, GUNPAL is already targeting other under-served markets with several new projects under way.

With every line of code written in-house, most of the engineering effort has been dedicated to fraud prevention. GUNPAL's unique anti-fraud and anti-phishing systems take a finer-toothed comb through customer data for maximum privacy and security. Reduced fraud cuts operating costs resulting in lower fees for most common transactions as compared to PayPal. Cannon's first company, GeoVario, LLC, was the natural choice for web-hosting services.

Founded in 2004, GUNPAL is a transaction-neutral online payment system that allows easy transfer of funds to anyone with an email address. Privately funded, GUNPAL has revolutionized the transfer of money with its pro-constitutional voice, unique anti-fraud approach, and philanthropic spirit. The company is expected to expand its services internationally in the near future.

For further information and questions, please contact PR@GUNPAL.net or visit http://www.GUNPAL.net .

Available Topic Expert(s): For information on the listed expert(s), click appropriate link.
Ben Cannon
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=91844

SOURCE GUNPAL, Inc.


Copyright © 2008 PR Newswire. All rights reserved.

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