ayPal is becoming more and from friends and family online,
more prevalent as a means requesting money for a charity
of doing business on the drive and making online
internet. Those who spend a lot purchases. In addition, when
of time on eBay are well aware of requesting money, an invoice and
how PayPal works. Now that more detailed payment instructions can
and more websites are asking for be generated.
PayPal payments, many consumers
are left scratching their heads Money can be sent to over fifty
and wondering, “What is PayPal? five countries in the following
Is it safe? Is it easy?” currencies: U.S. dollar, Canadian
Dollar, Euro, Pound Sterling,
PayPal is a means of making or Australian Dollar, and Yen.
receiving secure payments over
the internet in the place of a Using PayPal is easy to use, safe
credit card. Consumers must sign and free for the purchaser.
up for a PayPal account and link PayPal doesn’t share financial
it to either a bank account or a information so the seller never
credit card. When the time comes sees bank account or credit
to pay for a purchase over the account numbers. They have strict
internet, the customer provides anti-fraud measures in place and
the merchant with their PayPal protect buyers from unauthorized
account information, the money is purchases.
paid to the merchant (less a
small transaction fee) and the In addition, for those who accept
linked bank account or credit payments into their PayPal
card is charged appropriately. account, an ATM/debit card is
available for easy access to
Common uses for PayPal include funds. Otherwise, simply log into
sending and receiving money to or PayPal and request a transfer of
funds back into the previously accounts already set up
linked bank account. worldwide, PayPal is clearly
making friends.
With over 96 million PayPal
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