PayPal is an online ecommerce service that helps you to pay, receive payment and send money across Internet through a fast, easy and a secure platform.
You could basically three types of online transactions using PayPal;
1. Buy / Purchase anything online with PayPal check out.
2. Sell any thing online and accept payments from customers through PayPal.
3. Accepting payments form any one.
Be it any online transaction, buying, selling or accepting payments, to get started with PayPal all you need to do is register an account with PayPal.
Go to PayPal.com and click on signup. Add all the necessary information and click register. Go to your email and click on the registration confirmation link. The next step would be to add your debit or credit card details. You could also add your bank details. That's it you have now created a PayPal account.
Whenever you have an option to pay through PayPal, click on the PayPal check out button and it will take you to your PayPal account for you to approve the transaction. All the transaction made through PayPal are free, and highly secure. Any one who wishes to protect the privacy can use PayPal because all the transactions made through PayPal are private and your bank and personal information is always kept anonymous.
Selling and receiving payments from customers is so easy with PayPal. You can now
1. Easily integrate PayPal with eBay and start receiving payments from products you sell on eBay.
2. You can now easily integrate PayPal with other online ecommerce platforms like Etsy, Shopify and Bonanza Market Place.
3. You could also create custom PayPal check out integration with your personal website and receive payments. This can be done in few easy steps.
o Login to your PayPal account.
o Add the credit card or debit card or Bank details.
o Add a customizable PayPal button on your website. This can be done by entering the name of the product, its unique code, the price of the product, taxes if any and then click on "get button" you'll now be provided with a button that can be directly pasted on your website for the button to appear.
o Then next time when some one pay's by clicking on the website, all the transactions will now be received on your PayPal account.
Once you receive your payment, all your payment will be automatically withdrawn to your default bank account after a day. (You can add multiple bank accounts and select one as default, if you have just one account then that account will be automatically set as your default account.) Or you if you have added multiple bank accounts, you can now click on "withdraw", select the bank that you need to transfer the funds to, and enter the amount you want to withdraw and click on Withdraw. PayPal will automatically calculate the exchange rates in case if you are converting into a foreign currency and you'll get you amount deposited in 3 to 4 working days.
Another way to do transactions for the things you sell is by directly requesting some one for payments. This can be easily done using PayPal with the help of their email address.
1. Security - PayPal uses the most advanced and the latest data encryption, anti-fraud and anti-theft technology to safe guard all the transactions and payment details.
2. Flexible Payment: By integrating your credit card or debit card with your PayPal account you will now be able to pay any where on the internet without revealing your bank and other personal details.
3. Faster & Easier: Setting up a PayPal account just takes five minutes. And all the transactions that one has to make through PayPal can be made in a jiffy.
4. Exceptional Customer Experience: People are still wary of sharing their bank details with an unknown vendor and this doesn't include the tedious payment process. With PayPal your customers can make purchases easily without incurring any additional costs.
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