freevirtualvisacard Get free virtual & fake visa card
We are delighted that PayPal, one of the world’s most popular payment methods, has been made available to users of most shopping and service sites in the UAE, Saudi Arabia, and Bahrain. Across addition to Visa and MasterCard, buyers in the rest of the Gulf and Arab countries now have another wonderful way to pay…..
What is PayPal?
Here it is, in 4 easy steps!
PayPal is an electronic payment method that provides its users with a digital wallet that they can link to either their bank account or credit card.
If you choose this payment method at checkout, you only need to provide PayPal information to complete the transaction.
PayPal secures your financial information and does not display it while you are shopping.
Since your card or bank data has already been added to PayPal, your payment is completed literally in an instant.
PayPal is currently available to many online shopping sites and brands in the GCC and Arab countries in general:
United Arab Emirates – Kingdom of Saudi Arabia – Bahrain – Algeria – Egypt ………
How does PayPal work?
If you are an existing PayPal account holder , you will be able to pay on shopping sites and apps in just a few quick steps.
If you don’t have a PayPal account, you can easily create one from the PayPal website, and simply link your card or account details. Once you’re done, you can use PayPal any time you shop.
Why Paypal?
Confinity, a small startup founded in 1999, developed a system that allows people to send and receive money over the internet. The firm name was changed to PayPal two years later. When eBay purchased PayPal in 2002, the electronic payment company’s reputation was established. There are over 117 million PayPal accounts as of late 2012.
According to the PayPal MENA team, there are more than 7.5 million PayPal users in the region, 70% of whom are from the UAE and Saudi Arabia. 10 million users in the rest of the Arab countries In addition, 50% of American Express users in Saudi Arabia have PayPal accounts.
With so many Arab customers preferring this payment method, it was important for brands to offer online shoppers the ability to use this popular and convenient service as quickly as possible.
If you are a PayPal user, you will love to use this feature on available e-commerce websites and apps. And if you haven’t tried PayPal yet, we highly recommend you take a spin today.
Advantages and disadvantages of using PayPal
Advantages for buyers
Because PayPal accounts connect directly to a bank account, buyers can pay for online purchases even if they don’t have a credit card. Using PayPal may increase the financial security of buyers since the seller does not receive bank or credit card account numbers, only the PayPal account number. Buyers can also use accounts to purchase items in different currencies, so international buying is easier. The fact that PayPal is free is also attractive to many buyers.
Advantages for sellers
Because buyers can pay for goods right away, sellers receive payments immediately without having to wait for checks to go through the mail or clear the bank. Individual sellers can accept credit card payments without having to pay the fees charged by credit card processors, and merchants may find PayPal fees lower than other processors. PayPal offers a Seller Protection policy which may cover losses for products lost or damaged in shipping or from return shipping.
