PayPal, a PayPal Holding, Incorporated is an American business operating an online payment processing system mainly in most countries which supports electronic money transfers and acts as an electronic substitute to traditional paper ways such as checks and cash orders. This service allows easy and instant cash transfers by using PayPal to many different websites and financial institutions such as PayEase, Moneybookers, Xoom, WorldPay, Paydotcom, Paynet, Cybershot, Citibank, Safex, Gemini, FXbike, and PayPal itself. PayPal offers its services worldwide through PayPal web pages, through software programs for end-user computers and through electronic wallet programs for laptops. PayPal also processes credit card payments and allows third-party vendors and stores to accept credit cards for sales on their websites. PayPal is a useful tool for merchants, websites, and end-users as it enables fast, convenient and secure transactions. Business owners who want to enable secure payment options for their customers and at the same time want to have a high level of security for their private information can perform monetary transfers using PayPal without any additional infrastructure or software. These transfers are performed even when a customer’s computer is turned off. PayPal has been instrumental in making online commerce a success since it […]
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