PayPal is an Internet payment transfer or payment processor business which facilities the transfer of money between individuals e-mail address in over 40 different countries around the world. PayPal is owned by eBay, and for this reason is integrated into the auction site.Money can be sent to anyone with an email address inside the countries where PayPal operates. There are several different types of accounts, - those suitable for individuals, eBay sellers and business or merchant accounts.
PayPal makes a charge on all payments received by Premier, Advanced or Merchant accounts - which is $0.30 + 2.9% for the smallest payments. Charges may vary internationally.
PayPal can be hooked up with credit cards and debit cards, so you can use these to shop online at sites which accept PayPal payments without revealing your card details to the merchant or online shop.
PayPal can be hooked up with credit cards and debit cards, so you can use these to shop online at sites which accept PayPal payments without revealing your card details to the merchant or online shop.
You can also link up your bank account to fund your PayPal account or to withdraw your 'virtual' money into money which can be withdrawn at ATMs.
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