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PayPal – Definition, Specifications, Method to Use, Steps, Tips, and More


What is PayPal?

  • PayPal is the payment platform most commonly used when making online purchases.
  • When making their payments via the web, many users will have found the PayPal logo next to the credit cards.
  • But indeed, not everyone knows what exactly it is or how this service can make life easier for them.
  • Long ago, there was a perception that making payments online was too insecure.
  • Although to this day, this idea is still present in the minds of some users, it has allowed us to eradicate these fears.
  • Create an easy and safe way to pay and receive payments online without sharing bank details.
  • These bank details, financial information & basecamp pricing will be safe thanks to an automatic encryption system and advanced anti-fraud systems that the company is in charge of continuously updating.

Create your PayPal account

  • PayPal is a virtual wallet that you can use to make your payments over the Internet without entering your bank details on each platform.
  • PayPal will keep this data securely.
  • We are going to let you know how to create an account with total security.

Creating a PayPal account is very simple

  • You have to go to their website and choose “Create an account” in the private column.
  • Then you will have to register with it by filling out the form that appears in the image above.
  • Accept the terms of use and click “Accept and create account” to continue.
  • You will have to enter the code shown in the image and click “Continue”.

Choose payment method

  • Next, you will see the option to pay with your bank account or with your card.
  • Choose the one that suits you best.

Enter your details

  • Once we have chosen our payment method, we will have to fill in the information that PayPal asks us.
  • In this case, we have chosen to pay through our bank account.
  • Therefore, we will enter our bank details, being confident that PayPal will store them safely.
  • It will be the only time we have to enter our data in it, and we can buy online without revealing this data simply by accessing our PayPal account.
  • Once the data enters a window will appear to confirm the use of PayPal in your bank account.

Verify your account

  • To verify your account, you will have to wait a few days and, once you have the PayPal transfers in your account, enter the amount.
  • To do this, you will have to log into your account and select “Confirm bank account” in the right column.
  • Once you have clicked on the link, you will have the possibility to enter the amounts that PayPal has deposited in your account and, thus, verify it.

Start shopping

  • Once you have your account verified, you can start paying on many web pages (most give the option to purchase through this system).
  • We need to know how it works.
  • And now that you know how to set up and use PayPal, you can use your new account to shop at any store.

Also Read: Google docs – Definition, Methods, Google docs Applications, and More

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