PayPal Payments

PayPal Holdings Inc. is an American company founded in December 1998 in Paolo Alta California and operate a global online payments system that supports online money transfers. The online payment system is an electronic alternative to the old, almost outdated paper methods which include Cheques and money orders.

The founding member of PayPal is Elon Musk, Peter Thiel, Max Levhin, Ken Howery, Luke Nosek and Yu Pan. PayPal’s parent company is eBay another well-known and popular online company that has millions of regular users.

About PayPal

Many customers are not familiar with PayPal; thus, it is essential to enlighten them on another safe and reliable electronic payment method.

In essence, PayPal is an electronic financial service where clients can purchase and pay for items using a secure internet account, and it’s a firm favourite among many online gamblers.

As a potential user, all you need to do is add your banking details, be it your current, savings or credit card details. Once these are loaded, you can use any of the accounts to pay for purchases, be it at retailers or online casinos.

It is also becoming a fast favourite among mobile phone users because it’s safe, secure and works speedily.

Recently an agreement with Apple allows iOS device owners to use PayPal across iTunes, the App Store as well as many of the other Apple online services, which is a considerable inroad for PayPal users.

In addition to paying for items using PayPal, users can also receive money through this service, and payments secured is stored safely in your PayPal account as a credit.

Another great alternative is that funds received can be transferred to one of your listed bank accounts or credit cards.

PayPal Credit:

PayPal also offers its independent credit service. What this means is that customers can purchase items or services and pay for them at a later stage.

It works similarly to a credit card; however, they incentivize their customers by giving them a zero interest rate on purchases over $150 for four months.

Advantages of using PayPal

Why use PayPal when there are several online payment systems and digital wallets?
For starters, PayPal has been around for over a decade and recognized worldwide.

Another huge advantage when using PayPal is that they ensure their customers receive a full refund if an item they have purchased online does not arrive or match the seller’s description.

It is not only the buyers that benefit from PayPal, but the sellers do as well. Let’s say the buyer pays a seller selling an item online via PayPal, and the item does not reach the buyer you will get to keep the full payment if they can provide definitive proof of shipping to the buyer.

The majority of online casinos also accepts PayPal because it is safe, reliable and secure, and player’s deposits reflect immediately so no lengthy delays.

What are the charges?

PayPal is mostly free. Signing up has no charges or fees attached, and purchases in the same currencies are also free of charge.

Some charges occur when items are sold, and payments received via PayPal. It’s important to note that Business accounts have different fees levied and one of them being credit card payments.

Smartphone Apps For Mobile.

You will get dedicated PayPal apps for iPhone and Android smartphones and other mobile platforms.

The iPhone app requires iOS 8.1 or higher and also works on iPad and the iPod Touch devices.

The Android app varies by the device; we suggested you download the app before signing up with PayPal.

Computer users can sign into PayPal using your browser. Steam users should click on the pay by PayPal option first.

Conclusion:

PayPal is one of the safest payment methods, and it uses the latest in data encryption and anti-fraud technology.

Furthermore, encrypted security ensures customer’s information is safe and secure reducing the risk of online fraud.

Allegedly, PayPal, one of the leading electronic payment options completes transactions daily by over 188 million people.

Finally, PayPal supports 202 countries and accepts 22 different currencies.