What is PayPal?
With PayPal, you can send and receive payments through the internet. Once you sign up for PayPal, you can send money to anyone with an email address using the money from your PayPal balance or another funding option of your choise. Recipients are notified by email that they have received a payment.
PayPal is the world’s largest online payment network, serving over 20 million members in 38 countries.
PayPal is the preferred method of online payment for auction sites such as eBay. PayPal allows guaranteed secure payment over the Internet with your credit card or bank account by taking your information once and then using that information to make payments to other parties.
Here’s how it works:
You submit your credit card and/or bank account information to PayPal.
When someone requests payment from you, you go to PayPal.com and login to your PayPal account.
You enter the email address of the person or company you wish to make payment to and the amount you wish to pay.
PayPal will charge your credit card or debit your bank account and send that amount to the other party’s account.
Both parties will receive an email to confirm the transaction.
No credit card or bank account information has been transmitted via the transaction.
Remember, you must have a PayPal account to send or receive money via PayPal. The registration process is quick, easy, secure, and FREE!