How exactly does PayPal work??
Answers:
Paypal is your online payment and it transfers money from or to your account. Say you buy something online and you can only pay with paypal. The paypal account you have set up will transfer funds you have and pay for the items you have purchased. Or if someone purchases something from you, there money is transferred to your paypal account, with of course a small fee. It's pretty simple, it's like having an online ATM card, and paypal is a very secure site. Hope this helped, have a great day.
This link will explain how it works
PayPal is basically a online money transferring company created and owned by Ebay. I personally use PayPal and have NEVER had nay problems with money transferring or the integrity and security of my personal information. When you sing up to PayPal, you register you bank details then you are able to transfer money directly out of you account to another party to whom you wish to send the money to. Hope this helps!!
Well, PayPal basically links your bank account to the PayPal account. When you want to buy something on an auction (Ebay) or the like, you can transfer money into your PayPal account and then use that to pay for the item. It works well because the seller knows that the third party (PayPal) is ensuring that there is sufficient funds to cover the payment for the items.
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