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What is
PayPal? |
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Paypal is an elegant system for making and receiving secure, instantaneous payments through Internet e-mail. And it's free.
You can use Paypal to send money to friends, e-commerce Web sites, Internet auctions or anyone with an e-mail address.
To send money, just go to the Paypal site, enter information, such as a person's name, e-mail address and amount you want to send. The payee receives the cash in his/her Paypal account at the speed of e-mail, billed to your Paypal account (which is tied electronically to your credit card, debit card or checking account).
The payee can ship you the item you bought right away, with no need to wait for the mail to arrive and for the check to clear. And
they never see your credit card or bank account number.
Full
article from USA Today: for article
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