Each and every purchase on Horizon Wave is protected, and we guarantee that online payments are all handled in a secure and protected way. Credit card payments are processed through the secure platform X-Pay, from Cartasi – this platform allows every payment made with a credit card like Visa, Mastercard or Maestro to be processed in maximum security. PayPal is based on the existing financial infrastructure of bank account and credit cards in order to create an instant payment system on a global scale. PayPal services are very good for small business, online businesses, privates and other users who are currently unsatisfied with the conventional payment methods. PayPal (Europe) S.à.r.l. & Cie, S .C.A. is a credit institution based in Luxembourg. It has its own regular license (according to the art. 2 of the law of 5/04/1993 on the financial sector and to further modifications) and it is subject to the prudential supervision of the supervisory authority of Luxemburg, Commission de Surveillance du Secteur Financier, based in L-1150 Luxembourg. The service offered by PayPal is limited to electronic money and therefore is not included among the deposit and investment services according to the Law – this means that PayPal customers cannot access the insurance models of Luxembourgish deposit services provided by the Association our la Garantie des Dépôts Luxembourg (AGDL). PayPal.Inc., leader company of PayPal (Europe) S.à.r.l. & Cie, S.C.A. was bought by eBay in October 2002 and has its offices in California, USA.PayPal uses anti-fraud methods called “Verified by Visa” and “Mastercard Secure Code”, which guarantee the protection of a user’s identity and the authenticity of a card – if the purchased goods are not delivered, the refund is guaranteed for up to 1000€.