If you are a person sensitive to the Internet and online payment methods, Paypal is no longer a strange name. But for many people, this name is quite new. SO What is PayPal?? How does PayPal help us? Things to know PayPal when using ? The following article, please also Blog Thien Minh Go find out!
Paypal – fast online payment service
What is PayPal?
PayPal is one of the international online money payment business tools. Paypal is operated as an intermediary service to transfer money from foreign accounts to domestic banks. Or when you want to pay for online shopping orders… Simply put, it is a new payment method that replaces traditional methods of receiving money, transferring money such as ATMs, SEC or mail order.
What is PayPal?
PayPal was established in 1998 by one of the leading companies in the field of e-commerce. The company is headquartered in Sanjose, California, USA. Since its inception, Paypal has grown steadily, is powerful, popular and brings many benefits to users.
activities PayPal based on Internet e-commerce. When you make payments, receive money and transfer money, Paypal will collect these transaction fees. Depending on the type and level of the transaction, different fees will be charged.
Things to know when using Paypal
When you know and use the Paypal online payment service for the first time, you should familiarize yourself with the following points:
Conditions for opening a Paypal account
Make sure you are over 18 and in possession of a National Identity Card or Citizen Identity Card.
Possess one of the international payment cards such as: bank account, Visa…
You have international purchasing and payment needs, have a fixed email address.
Image of Paypal card
How to use Paypal simply
You may have used online payment methods from national accounts such as BankPlus, Internet Banking, Viettel Pay… The purpose of using a Paypal account is similar. You create a Paypal account and can transfer money from your account to a certain Paypal account. You pay when buying online if the selling address has a registered Paypal account….
When you need to pay or transfer money online, you access the Paypal account you signed up for. You must then fill in the information according to the instructions that appear on the screen and follow the instructions. Finally, the system will automatically deduct money from your existing Paypal account for the payment and remittance activity you confirmed.
Receive and withdraw money on Paypal
If you are the recipient of the money, there is absolutely no charge to you. In case of withdrawal and payment transfer, you will lose the transaction fee. Transaction fees depend more or less on the deposit method, deposit type and transaction amount.
Use the service with many great benefits
Advantages of using Paypal service
Many customers are using the service and are satisfied with its great benefits and features such as:
- Fast payment system with high and absolute security features. This is also the most obvious difference from other online payment services. Although the limitations of payment services are the frequent card inaccuracies and errors, service errors cause many inconveniences when using them.
- Cardholder information is already saved when registering an account, so you don’t need to log in cardholder information multiple times.
- Paypal’s extensive distribution network is very convenient for users.
- Secure transactions without revealing any information, customer passwords help customers feel safe while using them.
- Customer service is attentive, enthusiastic and prompt.
This article helped you understand What is PayPal? Useful and necessary information when using Paypal. Together with Paypal’s outstanding advantages over other services, it gives us even more confidence and allows us to use this fast and accurate service. So what are you waiting for! Use PayPal today!