How to Use Paypal

Posted on April 21st, 2009 by Marck

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Many people prefer to buy stuff online because it is fast, convenient, and there are many items to choose from. With so many items bought and sold online, you need an easy way to make your purchases and transact business online. Thanks to PayPal, paying for bills and invoices is just a matter of a few mouse-clicks.

What Is PayPal?

PayPal is a company (a subsidiary of eBay, Inc.) that specializes in accepting payments, money transfers, and other business transactions through the Internet. PayPal works by through a debit of purchases or expenses from your personal bank account or a credit card, making it possible for you to buy goods and pay bills online. To generate revenue, PayPal charges a small fee for business transacted over the surface. PayPal is a very secure method of making purchases online, because you don’t have to divulge personal information about your bank account or credit card account.

Setting Up A PayPal Account

To set up a PayPal account, follow these steps:

Visit PayPal’s home site, or click on secure banner ads or image links that link to PayPal.
Click on “Sign Up,” and select the type of account you want to enroll in. PayPal offers “Personal” accounts for people who want to shop online, “Premier” for people who are interested to sell stuff as well as buy items, and “Business” for merchants, companies, and firms.
Fill in the required information and follow the instructions on screen.

Using PayPal

To use PayPal, you need to check the online business that you’re transacting with is valid, registered, and will not use PayPal accounts to engage in illegal activities. Here are some of the ways that you can use PayPal:

Purchases and Payments

For online purchases and bills, you can use PayPal instead of divulging credit card details or sending payment for a purchase through a courier service:

Select your purchase on the website.
When prompted for payment options, select PayPal.
Provide your PayPal address and other information the merchant may ask of you.
Click “Send.”

Receiving Payments

If you’re selling goods or services through your own site or eBay, follow these steps:

Create a “Business” PayPal account by visiting PayPal’s home page.
Enter the required information on the screen.
Use PayPal’s handy widgets and HTML code to install PayPal buttons next to images or text of the goods and services on your own site.

PayPal is one of the easiest ways to pay for purchases and bills online. With these tips, you can buy and pay for just about anything with the speed and quickness you expect of the fastest Internet connections in the world.