The Advantages of Having a Paypal Account
Just about everyone who uses the internet regularly has heard of PayPal.com. Used as a way to send or receive money by email, PayPal.com has become one of the most popular ways to purchase auction items, receive payments, and much more. Used in many countries in addition to the United States, PayPal.com is safe, secure and convenient, and they even offer a credit card for you to use like any other credit card. You don't have to use it strictly for auction purchases, but for anything that you choose. Besides the fact that PayPal.com offers a convenient credit card to it's account holders, there are many other advantages of having a PayPal account, and if you don't already have an account you may very well want to sign up for one.
One positive thing about PayPal is that there is no credit check of any sort in order to open an account. All you need is a valid email address and you're on your way sending and receiving money without a hassle. Because of the fact that there is no credit check, it's a great way for those with credit too derogatory to obtain a bank account to get a free debit card. You must maintain your PayPal account for a certain period of time before being able to apply for a debit card, but it's not a lengthy period of time. After the required period of time has passed, you'll be able to receive your debit card with a MasterCard logo on it in less than a week. You can then use your PayPal debit card wherever MasterCard is accepted, and you can add money to the account by sending a money order, wire transfer or by receiving direct payments from businesses and individuals.
Most people who sell items on Ebay or Amazon prefer to be paid by PayPal, due to the ease and almost guarantee of receiving payments. Although it isn't a requirement to have a PayPal account in order to make purchases from Ebay or Amazon, you may be limited on Ebay as to which items you can purchase. Some sellers choose to only receive payments this way, so if you find an item that you are interested in purchasing and you don't have a PayPal account, it may be in your best interest to open one. Signup is a quick and simple process, only taking a few minutes. You can sign up using one email address or several; the choice is yours.
One negative thing about PayPal.com is that there are fees involved with using their service. Whenever you receive a payment, PayPal takes a small percentage of it, which is how they're able to offer such a wonderful service to so many people. You can reduce the amount of the fees that you pay by upgrading to a business account. You don't have to necessarily own a business in order to have this type of account, but all you have to do is add a bank account or credit card to your PayPal account and allow them to verify it, and then you're accessed so much to receive funds.
Paypal.com is a great website, and if you do a great deal of work for individuals online, it's a great way to receive payments. By having a PayPal account, you can link your credit card and checking account directly to the PayPal account, and this makes transferring funds in between accounts a cinch. Many businesses such as Virgin Mobile and numerous others are now offering PayPal as a way of making payments. Even for businesses that don't accept PayPal as a form a payment, the website now offers a special plug-in that can be used in such instances, making it unnecessary for you to withdraw money from your account and find another way to pay your bills. So if you're looking for a convenient and simple way to receive and send cash online, you could without doubt benefit from having a PayPal account.