PayPal – Online payment Gateway

A safe and secure payment gateway is something to look forward to. Irrespective of the countless safety measures, money scandals have now become a common affair. But PayPal goes to lengths to avoid such circumstances and in the recent years, has become an immensely important payment gateway.
With the global market enhancing to leaps and bounds, overseas money transfers is a significant concern. While wire transfers consume a lot of time and money, freelancers are looking for a way to get a quick access. PayPal truly is a friend when it comes to payment. 

How does PayPal Operate

Once you create an account in PayPal, you need to verify your bank account details and also your credit/debit card. Once the verification is completed your PayPal account can perform transactions.
For sending money linking a debit/credit card is necessary, but for receiving only linking the bank account us sufficient.

7 Reasons why PayPal is your next best friend

1. Easy account Creation: PayPal offers two kinds of accounts – personal and business. While personal accounts can be operated by a simple email address, the business accounts have a name of the business and that acts as the trust to where the money transaction will happen. 

2. Free: yes, creating an account in PayPal is absolutely free. Anyone can create a PayPal account, however to make successful transactions bank accounts and credit/debit cards have to be linked. 

 
3. Safety: PayPal is one of the most secure platforms today. With scams and frauds increasing by the day, utmost security has to be ensured and PayPal doesn't disappoint. And the best part it every transaction occurs against a name or email address, hence you don’t have to risk sharing your bank details which is a huge relief. PayPal acts as a third person between a seller and buyer, and makes sure that either side is clear of any illicit activity. 

4. Versatile: PayPal has enraged through the online platforms in the last five years. Be it shopping from Amazon to payment in Fiverr, PayPal has become a platform that can be used for almost any kind of money transactions. Linking between websites via PayPal is a huge benefit offered to the marketers.

5. Low Fee for Transaction : Like every other thriving business, PayPal too charges a fee for transactions. However, this fee is a minor penny as compared to those charged in wired money transfer. Generally, PayPal charges roughly 5% of the entire payment. So, for $10 you pay only 5 cents.
In case you’re in love with those 5 cents, check out the tricks to avoid paying money to PayPal. 

6. Platform Independence: PayPal is now available in all devices including mobiles, laptops, computers and similar ones. Moreover, applications for android, windows, Mac platforms have also been created providing assistance to a large number of people.

7. PayPal Deals: Nothing can go wrong with a few free deals. Connected with Skype, Mastercard, agoda and several other websites, deals and discounts are achievable for PayPal card holders. Go grab one now!