Tuesday, December 05, 2006

What is Paypal?

PayPal, owned by eBay, is a global online payment system. PayPal is a convenient, easy-to-use, and secure way for individuals and businesses to send and receive money online for goods, services, charitable donations, and so forth. It's also a full-service operation that provides front-end and back-end solutions to increase growth and revenue for merchants. PayPal reaches across the globe to give you or your business a way to pay or get paid. PayPal is currently available in 103 countries and regions.

How does PayPal work?

PayPal can be used to send and receive payments through the Internet. Once you sign up for PayPal, you can send money to anyone with an email address using money from your PayPal balance or another funding option of your choice, such as a credit card, debit card, or your bank account. Recipients are then notified via email that they have received a payment from you.

Is PayPal secure?

Yes. PayPal uses SSL technology to keep your information safe. In addition, when you send a payment using PayPal, the recipient won't receive sensitive financial information like your credit card or bank account number. This way, you don't have to worry about paying people you don't know.

Does it cost money to sign up for PayPal?

No. Opening a PayPal account is FREE. All accounts can send money for free.

Clicking the Paypal banner below will lead you to their website.

Sign up for PayPal and start accepting credit card payments instantly.

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