What is Paypal?

3:30:00 AM
What is Paypal?


What is Paypal? In the online business there are several ways or payment systems, ranging from transfer through a local bank account to the use of virtual money. Unlike a transaction with a local bank account transfer, payment mechanisms in virtual or online has a very complex system with different mechanisms and its derivatives. Moreover, this virtual transaction process also involves a third party, namely Secure Payment Gateway and Credit Card Authorization Service, including Paypal, Ipayment, Nochex, and others.


What is Paypal?




"PayPal Inc. company in a network that provides money transfer services through electronic mail, replacing the old methods are still using paper, such as checks and money orders".
Paypal is an online payment system or a means of payment on the internet is very hot in the world. More short Paypal account is a bank ATM or internet. The function of this Paypal remittances to replace older models, which are still using paper, such as checks and money orders.

In doing business on the internet, such as e-commerce, auctions and other types of businesses, Paypal is very helpful because it is international. Can be accepted worldwide and units of money dollar. Money in this Paypal will also be melted into the local bank, so we do not have to worry to earn our hard work that has been entered on Paypal. However, to be disbursed in a local bank, Paypal account we have already verified.
To create a Paypal account is easy, and profitable is not paid or free. However, the requirement to have a paypal account we must have a credit card.

As mentioned previously, Paypal is one of the many means of payment (Payment Processor) virtual. Until recently, Paypal is a virtual payment instrument most widely used by Internet marketers because this is a payment instrument that is safest.



Paypal can be described as a virtual account, in contrast to a local bank account that is accessed via online. If the local bank account can usually be used for transactions within a single country, in contrast to PayPal that can be used for transactions by all Internet users of any country, of course, those who already have a Paypal account. Only by knowing someone's email Paypal, we can send virtual money to a Paypal account the person quickly and safely.

Then how if you do not have a credit card? Is it still can make a Paypal account? You still can create an account at Paypal without a credit card. However, there are limitations in the Paypal account, one that we can only receive funding of $ 100 only, could not be, and we can not disburse these funds into our local bank.
Due to the nature of Paypal account has not been verified, so we have not fully . To be able to get the integrity of the Paypal account we must verified advance our Paypal account with a credit card.


However, a fund of $ 100 is already included large for a newly want to try on the internet, it never hurts to get a Paypal account first, then felt his business smoothly and the funds included in Paypal is always plus, our new verification Paypal account us.

The Internet users who want to conduct online transactions either send or receive money, for example, to buy goods, buy original software licenses, buy ebook, send donations, and others, usually using Paypal as a transaction medium because it is faster and safer. eBay.com (online auction site) and many eCommerce sites to use Paypal as their payment instrument, this would require their members to have a Paypal account in order to make transactions.



What are the advantages for the buyer?

The buyers who use PayPal as a payment can submit a complaint to the Paypal within 45 days if the goods purchased not yet arrived at the appointed time of the seller or the goods delivered was not in accordance with the description of the goods supplied by the seller. If the buyer is not satisfied that the seller can prove fraud (fraud) then the buyer will receive a refund (charge back) of their credit card company.

What are the advantages for the seller?

Paypal is certainly not only protects one party only, but all parties. Paypal also protects the seller from your refund request or complaint from the buyer's false bad faith. Written for the seller protection policy designed to protect sellers from false claims or complaints from buyers who claimed to have sent the money that there was no record of receipts and transaction records.

Every transaction made by using Paypal there is always a record of proof of payment in each of the Paypal account, both sellers and buyers. These notes can be used as evidence that there had been sending money between buyers and sellers.

For how to create a free paypal account you can see in this post, first you must already have a Paypal account registration email to this, and I would suggest this email on Paypal, because the email you use will be a Paypal account ID.dont have an account email? you have to make because it is very important otherwise you will not have to make a paypal. For those who already have email, simply follow the steps below on how to make a paypal account on this post how to register paypal you can see in this post .


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