Paypal is an online portal that is used to send money on the internet. By sending money, I mean that you can use it to send money to someone, pay bills online, buy merchandise online. With paypal, there is no need of using either moneygram or western union. You only need those 2 services if the recipient cannot receive money through paypal. Paypal is not yet available in all countries yet. it is also more convenient using paypal to purchase merchandise online. These is because paypal takes away the need of you typing in your credit card information on the website. As you probably know, not all website are secure enough to handle your credit card information. In my opinion, most e-commerce website owners are missing out on more sales because of this. People would prefer to buy merchandise from well known store’s website, than an e-commerce site that just sprung up recently. With all this benefits of having a paypal account, why don’t you have an account?
Opening an account is easy. You just need to head over to paypal website and register. You can sign up here sign up. You can open either a personal account, business account or a premier account. The difference between this is the amount of money you are allowed to receive and send per month. For registration, you need to enter your personal information such as name, home address, email (you can use gmail.com, yahoomail.com, or any other mail service you use), and your credit card and/or bank card. That is how paypal takes money to pay for what you want to do. If you are receiving money, paypal would take certain percent from it. This is how paypal make money. After registration, you can now login into your paypal account and start doing your transaction.
Just like every other site that requires you to login, you need to secure your paypal login. Don’t let anyone get into your paypal account because they can authorize some transactions without your approval. You can protect your login by writing it down in a place no one would see it, or you can secure your login by getting a software that would protect your login details.