What is PayPal?

PayPal is the safer, easier way to pay and get paid online. The service allows anyone to pay through credit cards, bank accounts, buyer credit or account balances, without sharing financial information. PayPal enables global e-commerce by making payments possible across different locations, currencies, and languages.

According to Wikipedia (http://en.wikipedia.org/wiki/PayPal), PayPal is an e-commerce business allowing payments and money transfers to be made through the Internet. It serves as an electronic alternative to traditional paper methods such as cheques and money orders. PayPal performs payment processing for online vendors, auction sites, and other corporate users, for which it charges a fee. It also charges a transaction fee for receiving money (a percentage of the amount sent plus an additional fixed amount). The fees charged depend on the currency used, the payment option used, the country of the sender, the country of the recipient, the amount sent and the recipient's account type.

Why Open A PayPal Account?

Here are some of the benefits of opening a PayPal account:

You must add an online payment processing service such as a PayPal account in order to for you to accept online payments from your online businesses. Most of these sites send you your payments through PayPal.

You can send and receive money from friends and family worldwide (as long as they have an e-mail address and a PayPal account too).

Do you own a website? People can pay you thru your PayPal account if you have a "donation" link or when you sell your products online.

You can also use your PayPal account for online shopping. It is accepted at some of the world’s top online stores and is the preferred payment method on eBay.com. Check out with confidence at millions of merchants without exposing your financial details.

You have 100% protection against unauthorized payments sent from your account.

Earn Money from PayPal’s Affiliate Program by simply referring people to open their own PayPal merchant account. Click here to know more about PayPal’s earning potential!

PayPal is the easiest way to receive money online.
You don’t have an account yet? Click here to sign up.

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