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If you're a regular online shopper then the chances are you've already heard of and used PayPal. If you haven't, it's a quick and hassle-free way to send and receive money using an email address and your credit or bank card.
Accepted around the world, you can use it to pay for goods in various currencies (you will be charged conversion if it's not your native currency) and provides security options like buyers protection.
PayPal is also the preferred payment method for eBay transactions, enabling buyers and sellers to send and receive funds instantaneously while giving each party piece of mind that their goods and funds are protected if anything goes awry. (eBay purchased PayPal in 2002, but spun it out as a separate company in 2015.)
PayPal is an online payment system that was first created to serve as an electronic alternative to cheques and money orders. Today it has expanded to over 100 million members, is available in 190 countries, and is accepted by millions of businesses around the world.
PayPal acts as a middleman for payments, between two parties with registered accounts. It is quick and easy and money can be sent to a person without needing to share personal details or banking information. All you need is the email address of the person you're sending money to.
PayPal is generally a safe place to send and receive money. PayPal will automatically encrypt any confidential information sent to or from your computer using the Secure Sockets Layer protocol (SSL) with an encryption key length of 128-bits, this is the highest level available. Despite this strength, you should take the usual checks when protecting your financial information, including not writing down important numbers or passwords and ensuring that your passwords are strong.
Scammers may try to hack into your PayPal account by sending you emails stating you've made a purchase you haven't. If you notice anything strange, don't click the internal links but log into PayPal normally to check your account hasn't been compromised.
There is no fee for opening an account with PayPal, however, there are fees for certain types of payments. These are the fees for Australian customers:
These fees all assume you are sending money from your PayPal account. It is possible to use your account to send money from your credit or debit card – but in these cases, additional fees will be charged.
Getting a PayPal account is easy. Head over to the website, click the 'Sign Up' button and follow the prompts to create your account.
When creating your PayPal account, you will be given the option to link your credit or debit card to your account. This has the benefit of allowing you to transfer larger sums of money or to withdraw sent money to a nominated bank account. Once you've linked your cards to your account, whenever you transfer money or make a payment you will be given the option of paying from one of your cards.
If your account has been verified, there is no limit on the total amount of money you can send, although there is a single transaction limit, which is set at $10,000. You'll be given the option to verify your PayPal account during setup.
Once sent, PayPal funds are typically received within two to three days, although this will be much quicker for Verified accounts. If you use PayPal to sell or purchase items the transaction will appear immediately on your account. For international transfers or large amounts, expect to wait up to 21 days for the funds to become available.
Like other online stores, PayPal occasionally offers extra savings through coupons. At the moment, these typically come in the form of savings on eBay. Coupons will be emailed whenever available, so ensure to check your mail regularly. You can also sign up to PayPal or eBay newsletter which might help you get access to the latest savings.
Its primary use may be paying for goods and services, but PayPal has other uses, including transferring money to friends and family or transferring money internationally.
Click here to learn more about using PayPal for international money transfers.
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i steady of ebay,what is other company which accept paypal during payment?
Hi Eva,
Thank you for leaving a question.
The page you are on gives a comprehensive list of shops that accept Paypal as payment. Please browse through the page to learn more. Hope this helps!
Cheers,
Reggie
What stores other than Dollar tree accept paypalcredit? This is for food purchases…
Hi Terri,
Thanks for your message and for visiting Finder.
I’m afraid we don’t have a list of stores accepting Paypal Credit at the moment. You may want to look at the food and drink coupons we have for you.
To opt for any promotion, browse through the link above to find one matching your needs. Then click to reveal your savings, and then copy the code. Enter or paste your code at the retailer’s checkout to apply it to your order. Other codes may redirect you to the retailer’s site, applying the discount to your final total. Just be sure to confirm that your total reflects the savings you expect before finalizing your order.
Thanks,
Nikki
Does Amazon accept PayPal?
Hi Dion,
Thanks for your question.
Currently, Amazon does not accept Paypal.
Cheers,
Anndy
Hi guys,
I heard Alibayzon.com is affiliating 50%off. Does anybody tried to list their product here? They are also accepting paypal.
Hello Trixy,
We currently don’t work with Alibayzon.com.
Thanks,
Clare