Friday, December 5, 2008

All about Paypal


PayPal can be called as the most successful online bank. 70% of all the online transactions happen through the PayPal. It is very easy to create a PayPal account. If you have an email id, use it to register for PayPal. PayPal offers both the free and premium services. There is no need of a credit card for free account, but for a premium account a verified credit card is mandatory. Go http://www.PayPal.com and register. Your PayPal id is same as your email id, for example abc@gmail.com. PayPal can also be used to take donations from other users which is why most bloggers or webmasters keep in their site. There are advanced widgets like ChipIn to have a clear picture of donations.

Using the basic or free account, you can make online transactions but if you want to withdraw the cash to your real bank account, then a valid and verified credit card has to be supplied. It is important to create a PayPal account because without having a credit card, you can make online transactions in the internet and thus your card will be secure. You can upgrade your basic account to premium account at anytime. They don’t charge money when it is a free account, but when you use a premium account there is a small fees deducted by them.

Website link: http://www.Paypal.com

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