what is paypal?
PayPal is an e-commerce business allowing payments and money transfers be made through the internet. It allows any person who has an email account to send and receive payments through email using credit cards and personal bank accounts. It serves as an electronic alternative to traditional paper methods such as checks and money orders.
PayPal performs payment processing for online vendors, auction sites, and other corporate users, for which it charges a fee. In October 2002, Paypal became an eBay company, a wholly owned subsidiary of eBay. Their corporate headquarters are in San Jose, California.
advantages of paypal
An advantage in using PayPal is that the money can be recieved by check or direct deposit. It is also fast and reliable.
projects that use paypal
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