Paypal allows you to make online purchases at any vendor that supports Paypal. Once you save your credit card information on Paypal you cant make a purchase simply by logging into your account and don't have to reenter the information again. You can also add a bank account to Paypal and pay for things through your bank account. Paypal is a very useful tool when buying or selling things online.
Testimonial: "dont know that many words, but thank you so much with your help..it really showed me what to do. grammybare"
SOURCE: how does paypal work? i
It's just basically an on-line bank. You open an account with Paypal, then put some money in the account (via credit card or through setting up an automatic connection with your real bank which will deposit money for you). Now you have a Paypal account with money in it. When you want to pay for something, you go to your account, put in the Paypal account of the recipient (usually their e-mail address) and the amount. Your account is deducted by that amount. Similarly, if someone is sending you money, they will need your e-mail address. They will deposit money, and your account is credited accordingly. Paypal will send messages to both sender and recipient that the transaction went through. I hope that helps.
-R.M.
305 views
Usually answered in minutes!
×