Explain PayPal for beginners, the most well-known online payment service, how to manage a PayPal account, and the key PayPal information you should be aware of This covers the entire subject for novices.
PayPal is a service that acts as an intermediary between you and the seller. This platform currently has over 170 million users, and people use it to send money to each other via the e-mail address associated with their PayPal account.
Why is PayPal so important?
Paypal service started in 1998, and it has now become one of the most important payment methods used, and Paypal is almost indispensable during online payments.
All sites that sell products on the Internet are using PayPal as a payment method, as an example of my words. If you try to subscribe to Netflix, you will find that you can pay via PayPal instead of a credit card.
The 3 most important features of PayPal
Although using PayPal provides many benefits, you should be aware of the three most important benefits that you will receive by using your PayPal account when making online payments.
- Reliable:Â PayPal is used in the largest Internet sites in the world, so it is very reliable and you should not be afraid of using it.
- Easy to use: Paypal is so easy to use that you can send money to anyone via email only!!! It’s insanely easy.
- Security: This is the most important feature of PayPal because you don’t have to enter your credit card information on every website where you want to buy something. Enter your credit card information into PayPal, and it will handle the purchase, protect your card, and guarantee that you will get your money back if you are a victim of fraud.
How does PayPal work?
PayPal allows you to send money to other PayPal accounts only via email. It also allows you to make purchases on the Internet from almost any site without entering your credit card information; PayPal will handle everything for you.
The most important aspect of PayPal is that it protects both the seller and the buyer, as you can get your money back if you purchased something on the Internet and did not receive it.
The same is true for the seller, who is protected from fraud by PayPal.
Most important of all, both parties avoid the paperwork of dealing directly with banks and credit card providers.
PayPal Requirements
To use PayPal, you do not need any document or something difficult to obtain, but you will need some things that may be difficult to obtain in your country. Here are the requirements for PayPal:
Email: It is better to use a Gmail account
Credit card or bank account: here you can use a fake visa to activate PayPal
How does paypal win?
Because PayPal acts as an intermediary between you and the seller, he must charge additional fees. However, if you buy from the Internet or any site registered as a seller with PayPal, no fees are deducted from you.
However, if you buy from a regular site that accepts PayPal as a payment method, you will be charged fees in most cases, which can reach 2%. But what if you’d rather send money to another PayPal account than make an online purchase?
There are two possibilities in this case. If you have a Saudi PayPal account and want to send money to another Saudi account, the fees will be no more than 1%, but if you send money to an account outside your country, the fees will double and reach 2% on each sending process.
Paypal uses
1- Buy online: If you like shoes on eBay, for example, or want to order a new coffee machine from any website. Paypal is a good alternative to using your bank card, as you can prevent your card information from being seen online.
2- Subscription to paid services: If you want to subscribe to Netflix or any other online subscription service that asks you for monthly payments, PayPal is the best choice. You can even set your PayPal account to withdraw directly from your bank account instead of a credit card.
3- Send money to friends or family: If you have a friend who needs some money, or if you have a friend who lives in another country and you want to help him financially. PayPal is the best option for sending money with ease, and the money may arrive at the moment you send it.
Create a PayPal account
To create a PayPal account, you will only need an email address. However, to use PayPal with all of its features, you will need to activate the account. To activate the PayPal account, you will need a credit card, which can be issued by any bank in your country.
But if you cannot get a bank card, you can get a PayPal card, or you can also use a fake visa to activate PayPal.
However, in this case, you will need to add credit to the account in order to purchase from the sites, and you can charge the Paypal account in a variety of ways, simply starting working on the Internet and receiving money on Paypal!!.