What is Paypal ?

Definition
PayPal is one means of payment (Payment procesors) use the internet the most used and safest in the world. Internet users can buy goods on ebay, original software licenses, membership sites, business affairs, send and receive donations / contributions, send money to other PayPal users around the world and many other functions easily and automatically use the internet or mobile, PayPal overcome deficiencies in such traditional money transfer check or Money orders can be time-consuming processes such as PayPal bank account, you will first create an account, then the funds will be withdrawn directly from your credit card to that account or with the payment / transfer funds from your PayPal account in another person to Balance / Balance PayPal you, and you already can use a PayPal account to transact.
February 2010 PayPal has received 190 countries and 23 currencies, PayPal users in Indonesia still have to use a count of U.S. dollars because the rupiah did not exist in PayPal, the funds are withdrawn directly from your credit card will automatically be converted into U.S. dollars


eBay is the place of auction / sale / world's largest online market, with users more than 200 million people worldwide (as of June 2006), you can browse and buy everything from electronic goods, vehicles, up from scarce goods all ebay users worldwide, the main payment method on eBay is by PayPal because it is more secure and automatic, although there are sellers who accept payment by other means.

Paypal is more secure than other online payment tool

Purchaser / Buyer who feels harmed or did not fit that description notified may request money back to the Seller / Seller in a maximum period of 45 days after the payment. If the buyer uses a credit card chargeback will receive a refund from their credit card company.

PayPal also protects the seller from a refund or complaint that is not true of the buyer according to proof. Protection for sellers is designed to protect sellers from buyers claim claim to have been sending money that does not have a record of proof of payment and transaction descriptions, every purchase and payment using PayPal there is always a record of proof of payment in your PayPal account in the sending and receiving money, as evidence if the right has occurred remittances between the two.

From this it can be concluded using PayPal is more secure than other online payment tool for sending and receiving money because there is proof of payment and the record description, and can make complaints if there is something right or wrong to avoid a complaint.

Thefore definition that I can convey. How history and way of application will be discussed in the next posting, or if you want to know more details click here.

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