PayPal is the most popular online payments system which allows users to send money to almost anywhere in the world within seconds. PayPal is a leading technology platform that enables digital and mobile payments on behalf of consumers and merchants worldwide. PayPal is the faster, safer way to send money, make an online payment, receive money or set up a merchant account.
PayPal allows users to  transfer or receive money securely from anyone instantly. You can also shop online using your PayPal account without having to provide your financial information like credit card number or bank account details on any merchant website. PayPal currently has more than 100 million active accounts in 190 markets worldwide. PayPal uses advanced encryption techniques to allow users make secure financial transactions across the globe. Also, the main advantage is that basic PayPal accounts are free and you can open an account instantly.
PayPal allows users to add or withdraw funds using various methods. You can associate your credit cards or bank accounts with your PayPal account for adding or withdrawing money. They also provide a PayPal debit through which you can withdraw cash from ATM or make purchases directly. Many merchants have started accepting PayPal payments recently including Apple, Skype, and Nintendo etc.
Apple has recently announced that it will allow customers to make purchases using PayPal through its App Store, iTunes, iBookstore, and Apple Music. Users can make instant payments for their digital purchases, just by linking their PayPal accounts to their Apple ID accounts. Apple has maintained stringent control over payment options since the inception of App store in 2008. They never allowed third-party payments services in the past, but now Apple has started accepting PayPal since it’s a secure and reliable payment platform.
With the increasing popularity of Online gambling, the number of available payment methods has also expanded naturally. Online casinos now accept payments through paypal with reputed online casinos like 888 Casino, Bet365, 888, Royal Vegas, and Ladbrokes all having the option available. Users can deposit money to their casino accounts and also withdraw back using PayPal.
Skype also announced that it has integrated PayPal into its iOS and Android mobile apps. Users will now be able to send money to their friends instantly through Skype chats on their smartphone. Th “Send Money†feature is currently available only for personal use and can’t be used for any purchases. In order to use this feature, you just have to swipe right when chatting with someone and choose the “Send Money†option. You can transfer money to your friends or relatives abroad by using this cool feature. Before that, you should link your PayPal account to your Skype ID and confirm your location details as well. This feature is currently available in 22 countries including the UK, US and Canada. You also need to install the latest version of Skype on your smartphone to use this new feature.
Another popular merchant who has recently added PayPal support is the Japanese gaming company Nintendo. Players can now purchase digital content from Nintendo’s online game store using their PayPal account instead of using their credit card. Players have to first link their PayPal account with Nintendo gaming account in order to avail this facility.
Good news for webmasters is that they can add a Simple Payment button on their WordPress.com websites or blogs to accept payments through PayPal. This feature is currently available only for the Business and Premium account users of WordPress. Once the user adds the Simple Payment button to his website, they will be asked about the details of the items including cost, description and also a photo. It will also ask for the PayPal address to which the money is sent. When a customer buys something from your website, they will be automatically redirected to the standard checkout page of PayPal.
Likewise more and more vendors have started accepting PayPal payments, and it has become the most secure and convenient method for online shopping and electronic funds transfer. You can also create your free PayPal account instantly and start using it.