PayPal is the most popular way to make transaction in internet. It acts as internet wallet. Easy and reliable way of paying or receiving money in internet.
Why PayPal
- PayPal protect your financial information from third party or never seared with retailers. It's protected by data encryption.
- They have intelligent IT security team to protect from all internet issues like hacking or many mores
- They will protect your sells and purchases.
Fees of PayPal
- To buy - Always free.
- To sell - 2.9% of total amount of sell + $ 0.30 for per transaction.
- Transferring - free but there is small charge for international transferring.
Account types of PayPal
- Personal - In personal account all the facilities are aloud as send money, customer's service and eBay tools. But merchant service and PayPal debit card service is limited. Personal account holder can't accept debit or credit card and can use only 1person can't access multiple user's.
- Premier - Premier account holder can use all the facilities except multiple users access.
- Business - Business account holder can use all the facilities include multiple users access also.
- Student - This type of account is eluded only for student and they will have all the facilities except multiple users' access and limited merchant service.
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