"You are always poor. You get the most year-end bonus every year. I just bought a yacht recently? I heard from people yesterday that I bought it if you buy it for more than 100 million US dollars. I have made a lot of money by investing it myself.

Actually, I envy your life, goals, ideals and other words are too far away from me. Believe me, after you get so much money, you will soon regret it."

When Han Xuan said this, his face was filled with a melancholy expression, which was like Boss Ma’s aura that “will be a leap and look down on all the mountains”. Boss Ma said that he didn’t like money, his net worth was only 20 to 30 billion US dollars, and now his net worth is dozens of times that of Boss Ma.

The old executive Charlie wanted to refute it, but there was no reason to refute it. No matter what happened, it was really too simple for the current small boss.

Take the Mars colonization plan that has been mentioned recently, which is not impossible. With the current human technology, as long as you are willing to spend money, it can be realized in the near future.

Several people live on Mars for a while and a group of people live on Mars for a long time are two different concepts. Now it seems that Han Xuan wants to realize the latter, otherwise he would never try to invest so much money.

"Maybe, my life is very beautiful now, provided that you don't fire me. Just now, Mr. President asked you to buy national debt? Sorry, I heard something inadvertently."

As soon as Old Charlie finished speaking, Secretary Dawson ran back panting, and followed by the head of Paypal, who was also panting. He said to Han Xuan: "I've brought the executive officer here, what do you want to ask?"

After hearing this, Han Xuan was stunned and then laughed and cried: "I asked you to get the nearest newspaper, a newspaper about the conflict between the fiscal appropriations between Congress and the President!"

"nespaper" and "paypal", Secretary Dawson just saw Han Xuan's verbal look, and took it for granted that he was looking for paypal. At this moment, he was ashamed to find a hole to jump down, because the executive of paypal was squatting before, and Dawson called him through the door. Since it was the president's call, he thought there was something important.

Paypal's current CEO is Luke. He graduated from MIT and has a certain understanding of technology. He also has six years of experience working at the headquarters of Snow Mountain Group. He has strong work ability. He was just promoted to CEO this year. Such Internet company managers do not need to have too much interpersonal experience, and can manage the company well and deal with the situations encountered in development.

Mr. Luke understood the consequences and smiled and patted Secretary Dawson on the shoulder. The two were not very different in age, both in their thirties. From the perspective of company level, Secretary Dawson was a little taller than his e-person and had met him a long time ago.

I didn't mind saying: "I was shocked and thought the president was ready to limit the operating model of our paypal. In 2002, I interviewed the then executive officer. The Director of the Taxation Bureau attached great importance to the case of using our paypal to launder money.

It has been operating for several years, but those official staff members who can't think of our paypal as an illegal organization and often have to explain it to them for a long time before they can understand the operation model."

I was going to come here for a meeting this morning. After I figured out that it was a misunderstanding, the executive Mr. Luke did not plan to leave, and there were not many opportunities to meet Han Xuan. When the branches held meetings, the chairman position was usually empty, and the small shareholders quarreled, but in fact they had no decision-making power at all, so they could only express their opinions. I hope Han Xuan could learn it through the meeting minutes and then agree with his own ideas.

The word "money laundering" successfully attracted Han Xuan's interest. He laundered money in the early stages of his development. It was not that there was any illegal funds, but that "white money" was laundered into "white money", and changed his left hand to his right hand to achieve asset transfer, and asked:

“Luke, use paypal to launder money? How do they work?

Also, how much is the handling fee for transferring money now? I haven’t learned about this for a long time, is it the same as before? 3.5%?"

After several years of development, Paypal is currently the world's largest online payment service provider, with more than 70 million user accounts, distributed in more than 140 countries and regions around the world, and can support payment and collection in twenty currencies.

As the number of Internet users continues to increase, the number of paypal users is also increasing. It is one of the few listed companies that have already made profits. Most Internet companies are still burning money for a long time. Those who are able to obtain financing can continue to persist, and those who cannot obtain financing will soon disappear.

In the three years after the bursting of the Internet bubble in the 1990s, more and more Internet companies went bankrupt than Han Xuan imagined. They have once again gained the favor of investors last year. More and more companies and individuals have begun to invest in the Internet industry, and the Nasdaq index has also begun to rise.

The industries invested in during the trough period have helped Han Xuan make a lot of book wealth. Those who joked about Han Xuan began to laugh. Many investors who followed Han Xuan's footsteps have successfully made a lot of wealth by buying low.

The current situation of the subsidiaries of hpe Group is pretty good. The decline is lower than the average in the Internet bubble crisis, and it is also the first to start recovery...

Executive Luke did not expect that he would suddenly face the "classroom assignment" of the boss, but the data about the company had been remembered in his mind for a long time and immediately replied:

"It has risen since January 1 this year. Paypal charges are 4.4% of the transfer amount, plus a transfer fee of 0.3 USD, which means that if you transfer a hundred dollars, the handling fee is 4.7 USD.

If the transfer amount exceeds 3,000 US dollars, it will drop to 3.9%, and if it exceeds 100,000, it will be 3.3%, reaching more than 100,000 US dollars. You can also apply for a discount, and you only need to pay about 2.8%, plus a fixed rate.

The bank takes part of this profit, and we take part of it. The payer does not need to give money. The funds will be automatically deducted when they enter the payee's account.

Money laundering is still happening, and it is difficult for us to control it, because users only need to register an account on our platform and bind it to a bank card to conduct online trade. At present, personal foreign exchange is transferred to the country, and banks do not need to review materials and can register with their personal instructions.

The settlement of foreign exchange within the annual limit of US$50,000 is handled with an ID card and the relaxed management policy of foreign exchange within the personal limit, which provides convenient conditions for customers to receive non-trade inflows to foreign exchange. This regulation cannot be cancelled, otherwise a large proportion of users will definitely be lost.

Some users collect funds and pay taxes in the name of overseas remuneration, and the remaining assets become legal income. We are studying how to supervise, but we have not yet found a good solution."

"Well... it seems that it is really difficult to limit it. The tax bureau doesn't need to worry about it for the time being. If they want to investigate, we will cooperate with the investigation.

It’s okay to launder money on a small scale, but you should pay attention to the trends of large amounts of funds. If there is a storm about paypal involving money laundering, it will not have a good impact on the company. Try to check suspicious accounts.

Also, the current handling fee seems to be a little higher, which is like killing chickens to retrieve eggs. Developing users is the key. Just implement this for the time being. If you have any questions, please notify me. Remember to issue an announcement to tell consumers where the money they paid themselves went.

Being regarded as a bad-hearted company will annoy some consumers. Cross-border transfers require payment of handling fees. However, making money by banks is different from being made by us, and some consumers may not be able to accept it.

What about bad debts? What is the current amount of bad debts in the company?”

Han Xuan continued to sit in the position of Executive Anthony. Executive Charlie was still drinking coffee. Executive Luke and Han Xuan didn't meet many times. Seeing the boss letting him sit down and said, he was a little restrained.

“The bad debt rate is very low, but it still occurs occasionally, mainly because the user’s account is stolen.

I remember that in the early stages of the development of paypal, the amount of bad debts in a single month was as high as more than three million US dollars. After fully analyzing the transaction data, we created the current paypal anti-theft and anti-fraud trading system.

This system is the key to whether our company can succeed, so we decided not to leak any knowledge and experience in all aspects as much as possible, and never applied for a patent, because if you apply for a patent, you must make all the information public.

Our group has the world's largest cybersecurity group, constantly dealing with security vulnerabilities, and promoting it to users to prevent falling into fraud traps. Sometimes such incidents occur. Recently, a new section was opened to contact customer service urgently within two hours to terminate the transaction…”

As the meeting time approaches, more and more senior executives gathered on this floor to prepare for the meeting. All the aisles are displayed on display screens, showing the real-time stock situation of each company, red and green. When passing by them, it is like passing by trillions of dollars.

After Han Xuan asked about Paypal, he asked Lao Charlie about the overall situation of the HPE group recently. The importance of this group is self-evident. Last year, its Blueberry Group won the title of "Global Profit No. 1", and Lao Charlie also received a large year-end bonus every year because of these companies.

Even when working in the same building, many executives do not often gather, and take this opportunity to be lazy and chat with each other.

At the same time, Anya, who is shopping in Santa Clara Town, is helping Fat Ding buy hot dogs. Han Xuan has not allowed him to eat such high-calorie things recently, and squats on the counter of the store to eat voraciously. The fat boss of the hot dog shop has a funny mustache and takes out his blueberry phone to take out his camera. There are not many opportunities to get close to Fat Ding.
Chapter completed!