Paypal transaction
Nowadays, Internet has become one of very important tools for trading activity. By using Internet we can browse and check any new items that just arriving to be sold. These items usually are not yet available at our nearest store but yet we can still buy as soon the items advertised on Internet. To buy / sell, we need certain medium that can be used to make the transaction to happen. One of the most popular medium is by using our own credit/debit card. But nowadays, there is some insecurity that we have to bear when using our credit card to buy something online. For those who are thinking other ways to pay their buying items instead on using credit card, now we have new method that is easier to how PayPal use and provided us with extra security. The answer is by using PayPal.
Paypal is the latest invention created to help us making transaction on the internet safer instead of normal way of using credit card. It is a program that help user to view and manage their credit performance and using the account to buy stuff on the internet. By using Paypal we can make sure our transaction is much safer especially when we are dealing with public computer. We don't have to show our credit card no. to others while doing our buying on the Internet. To enable us to use this program first we have to register with PayPal. All you have to do is just by going to PayPal website. Here what you need is just your e-mail as your ID and create your password. Second step is to wait for confirmation from the PayPal to check whether you are the right owner of the e-mail provided. Third step is to link your credit card no. to PayPal before you can start buying. Final step is to check your balance and to make sure that all your payment is true without any forge buying by the third party. Several features of Paypal make it very convenient to transfer money through it. Here are a few of them. It Is Immediate Transactions can be sent after very little in the way of registration, or amount of information given. In fact, it probably could not be much less than it is - requiring only a name and an email address. This allows for money to be received from any website - for any purpose (except for gambling or adult sites). Once you are registered, you can get a Paypal icon to put on your website that will allow your customers to click on, and have the money go to your account much - considering the convenience. For an additional amount, you can have the option of being able to take credit card payments over the phone, fax, or through the mail.. It Can Be Canceled Anytime With the sign-up comes the guarantee that you may cancel your account at any time. Plus there is no minimum amount of time that is required, and no fees for registration. PayPal currently offers three types of accounts: Personal: used for money transfer between individuals and online shopping Business: This is perfect for your online business. Premier: For buying and selling. Business: One of the most important aspects of PayPal are that there are no setup fees. This means that it doesn't cost you any money until you have actually made the transaction.
PayPal is a safer, faster, more secure way to pay online – your financial details are never shared. So that PayPal continues to be the most popular money transfer service for online transactions
References
1). A Review of PayPal Features available from
http://www.build-your-website.co.uk/ecommerce/PayPal-review.htm
2)why PayPal ? Available from
https://www.paypal-marketing.co.uk/whypaypal/index.htm
3) How PayPal work available from
https://personal.paypal.com/cgi-bin/marketingweb?cmd=_render-content&content_ID=marketing_us/Sign_Up_for_PayPal
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