Thursday, May 28, 2009

Using Paypal for Online Transactions

Paypal can be used for many online transactions on the web such as paying the items sold on ebay or any other merchants that put Paypal logo on their websites.
This writing only as a review about this financial service provider, especially for those who seek alternative ways to make online transactions without revealing their credit card information.


Paypal
  • Free account sign-up, using email address to login
  • User will need to verify the account using credit/debit card. This step will be needed in order that user can withdraw the funds from Paypal account to bank account or credit card
  • Withdraw methods: Bank Transfer or transfer to credit card (process will take about 3-7 working days)
  • Adding Funds to Paypal account: using debit/credit card (Visa, Mastercard, Amex) or bank wire transfer
  • Payment methods/send money via Paypal: email payment/transfer (Paypal to Paypal account holder, recipient of the payment must have Paypal account or sign up for Paypal account first in order to receive the payment), debit/credit card payment
  • No monthly charges (valid to any account types). Though, there is a fee for receiving money which is valid to premier and business types of account only. Personal account is totally free of charges both for sending and receiving money transactions with some limitations on monthly withdrawing amount.
  • Available in 18 international currencies.
  • Minimum amount of money to withdraw is USD 10
  • Can be used as payment gateway to accept debit/credit cards on our own websites for free. Limitations are valid to specific Paypal account types (see additional information about Paypal below this page or Click Here to accept debit/credit card payment for your marketing website).
  • Security: secured website (tips: always check your browser address when accessing Paypal website, real Paypal website address always begin with: "https" without quotes) , email authentication, debit/credit card verification and some other security tools to prevent fraudulent transactions.
  • Merchants/Shops accept Paypal : Dell, Ebay, Walmart, HP, Alienware, Ralph Lauren, Avon, AmericanAirlines, Delta, Jetblue Airways (see additional information of merchant list below this page).

Additional Information about Paypal :


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