PayPal is actually an online platform with the help of which you can make your payments as well as you can receive payments, whether you are shopping, sending or receiving money to/from an individual by using your computer, Tab and laptop. PayPal also runs a business loan service with the name calledthat supports the business owners who have a low credit score.
So, PayPal helps you in your payments anywhere in the world. For this purpose, you just need to have a PayPal account that is linked to your bank account.
PayPal Account Basics
Setting up your PayPal account is very simple, and it’s free also. It is just a matter of seconds, and you get your transactions done it. You just have to give your email address, then create a password and there you securely store your payment details, such as your bank debit and credit card details. It gives you long-term security as it stores your credit card.
PayPal keeps your details safe. So, even the people you are shopping don’t get to see your details. In fact, 20 million people do online shopping through their PayPal account. You can shop safely where ever you see PayPal account. Hundreds of thousands of websites accept PayPal, including, eBay, TOPSHOP, BBC Shop, and Boots,etc. They can store your details,so you need not carry them around.
How easy is it to use PayPal?
PayPal is the safer and the easiest way to pay for stuff online. Also, almost all the online earning sites use PayPal account for the payments. So, you would surely need an account to receive the payments. Normally people use western union and bank account for such transactions. But, in case of PayPal, you would only need to have their PayPal ID, which is your normal email ID. That person will enter your ID in the PayPal account and write the amount of money to be transferred. Then click the button,and you simply get your money. As it will get to your PayPal account, it will be transferred to your bank account automatically.
Now, when you see something online,and you want to buy,then you have to put all the details of your card, such as its number, its expiry date, etc., in it. In case of PayPal, you just click the ‘Check out with PayPal’ button. You need not give your details on that website.
So, first of all, you Login your account. Then you have to choose how you want to pay, that is, either through your debit/credit card or directly through your bank account. In the end, you have to confirm your order. So, there is no more hunting of your card and filling up pages of details while shopping online. You are simply paying them through your PayPal account. PayPal also does not charge you when you are shopping at retailers that accept PayPal.
Now, simply you just have to sit back and wait for your stuff to arrive.
Founder Dinis Guarda
IntelligentHQ Your New Business Network.
IntelligentHQ is a Business network and an expert source for finance, capital markets and intelligence for thousands of global business professionals, startups, and companies.
We exist at the point of intersection between technology, social media, finance and innovation.
IntelligentHQ leverages innovation and scale of social digital technology, analytics, news and distribution to create an unparalleled, full digital medium and social business network spectrum.
IntelligentHQ is working hard, to become a trusted, and indispensable source of business news and analytics, within financial services and its associated supply chains and ecosystems.