PayPal
- PayPal
- all the information about what PayPal is and
- how it works.
Detailed information about paypal, an online payment serving company present around the world.
- What is paypal ?
- how to use it ?
- how to create an account of it ?
- How to send or receive any payment through PayPal ?
- how PayPal is helpful in making international payments online ?
PayPal international online payment system to get payments from anyone from anywhere.
PayPal -
PayPal, It is an electronic commerce company that facilitates payment stake between parties through online fund transfer.
PayPal allows customers to set up an account on their website, which is linked to the user's credit card or bank account. Once the identity and evidence is confirmed, the user can start paying funds or receiving funds to other PayPal accounts.
PayPal tries to secure online purchase of payments for which the payer does not need to disclose the credit card or bank account number to the buyer.
PayPal History -
PayPal appeared in the mainstream when it started as a payment facilitator for eBay. The service became so popular that eBay decided to buy PayPal in 2002 making it an official transfer service for its website. In 2015, PayPal began working as an independent company.
Throughout its history, PayPal has acquired other companies that serve various parts of financial transactions, digital money transfers and payment markets. Technology enhancement and additional facilities of some of these acquisitions were included in paypal platform.
services of PayPal -
The acquisition and internal development of PayPal has led the company to provide a variety of services to its users. For example, PayPal users can put money into digital gift cards sent to others through the platform.
PayPal.Me service allows users to share a link with others to receive payments so that they can send anyone and order payments for themselves. Based on the types of accounts established with this platform, charges are determined with each transaction.
Benefits of PayPal -
Purchases made with select online retailers may also be exempt from PayPal or any cashback. PayPal also offers its own branded credit card in some countries.
safeguard -
Although PayPal is not a bank, it is still subject to many consumer protection rules by which banks are governed. For example, under banking rules, your liability limit for unauthorized transactions is determined that you immediately inform the bank that unauthorized activity has taken place in your account.
Notifying PayPal immediately when you are anticipating an unauthorized transaction in your account will help limit your liability. And it is recommended that PayPal users keep checking their account regularly.
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