In 2019, we now have a huge number of ways to pay online thanks to the advancements in technology. In the past, we would have had to enter our card details with the fear of them being stolen looming over us. Now, we can use online wallets such as PayPal and Skrill to make a payment with ease.
PayPal has been around for many years and is an extremely popular payment method. Here, we are going to look at what it is and why it is so popular. Keep reading to find out more.
What Is PayPal?
If you have been living under a rock, then you might not have heard of PayPal before. Otherwise, you’ll know that this is an online wallet, or an e-wallet, that allows you to securely make payments online. Users set up PayPal accounts and enter their details on a site that they want to make a payment on. This is a really simple payment method and it has many advantages.
What Is It Used For?
There are many sites that offer PayPal as a payment method including e-commerce sites and the best PayPal casinos. Any site that you can make a payment on will usually offer PayPal as it is a convenient and secure method. Whether you are booking tickets for the cinema or paying for your new wardrobe online, you can usually make a payment using your PayPal account.
How Does It Work?
The theory behind PayPal is really simple. To sign up, you enter your email address and create a password for your account. You then add your bank account or credit card details to the site. These will then be encrypted and will only be visible to you and PayPal.
When you want to make a payment online, you can enter your email address and password to that site, and they will bill you via your PayPal account. You can also have a PayPal balance which you can load up and make payments from.
Some people even send cash to their friends and family over PayPal which is very secure and easy to do.
It Is The Best?
While there are many payment methods out there, it is clear that PayPal remains one of the best. It is an extremely secure method that has special encryption and is very easy to use. When you make a payment with your PayPal account, you can see the details appear in your account sooner than if you were to make a payment with your credit or debit card.
With such a convenient format and secure network, PayPal remains one of the best.
If you are thinking about trying out a new payment method online then we suggest that you get your hands on a PayPal account now. You’ll find the whole process simple and free to use. This way, you can make some secure payments online without having to find your wallet every time.