What is PayPal?
PayPal is a company's e-commerce sector, the system allows users to make payments and transfers through the Internet without sharing financial information with the recipient, with the only requirement that these have email. It's fast and safe to send and receive money.
PayPal processes transactions for individuals, buyers and sellers online auction sites and other commercial uses. Most of their clientele comes from the online auction site eBay, Paypal company that bought in October 2002.
Why use PayPal?
• Pay for purchases made online.
• To collect Internet sales.
• Send and receive money between family, friends or individuals.
How does PayPal?
Sending money or payments through Paypal is free. The recipient can be any person or company, with or without a Paypal account, that has an email address.
1. We choose the payment option:
or With Credit or Debit card.
or Paypal Account Balance.
or Bank Account.
Two. PayPal makes sending money instantly, without sharing financial information with the recipient.
Three. The recipient receives the message from PayPal about the funds, and will have to create a Paypal account (if you do not have one) in order to remove or transfer to your own bank account.
How to open a PayPal account?
1. Select the country, language and choose the type of account:
or Personal Account (For individuals who buy).
or Premier Account (For individuals who buy and sell).
or Business Account (For companies selling on the Internet).
Two. Fill out a registration form with email, password, name, address, phone and card type.
Why is PayPal a safe way to make payments and money transfers?
PayPal is a safe way to make payments and transfers of money because technology uses 128-bit SSL encryption to protect all confidential information and the recipient never receives financial data such as the card number or bank account or personal information.
It also offers protection programs, where the buyer can ask to reimburse all or part of your money. PayPal offers protection up to $ 1,000 for:
• Items not received.
• Articles are very different from the seller's description.
• unauthorized transactions made from your Paypal account.
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