Use PayPal to Receive Money: We all know that our world is filled with international purchases, online shopping, and bank accounts. However, it’s not easy to keep things simple and secure. Also, not when cyber threats hide around every corner. Secure online transactions are only for reputable online traders – that’s where PayPal comes in.
Nowadays the most popular and secure online payment tools available are PayPal. To sign up, users have to provide their name, email address, address, and a valid phone number. However, anyone above the age of 18 can sign up for an account and use it to pay online.
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Ways to Send Money Using Paypal:
Send Money via Linked Account:
If you want to send money, however, users need to provide a source of funds. As it can be a linked bank account, a linked credit card or a linked debit card. Linking is by PayPal either crediting or debiting the provided payment source with a small amount. Also, the user inputs the exact amount on the website to confirm their ownership of the account.
Send Money via PayPal Balance:
You can also send money with PayPal is via PayPal balance. If another user sends funds, they can be used to pay a rather than a linked payment method. To send and receive the money you must confirm the email address under which the account is registered.
This is done by tapping a link in a confirmation email received from PayPal.
For any payment method a user uses or links, they can then use PayPal for all sorts of activities. These activities include creating and sending invoices, money-pools and much more.
PayPal Offers Bussiness Account:
PayPal also offers business accounts for business customers.
Having such an account enables users to accept credit card payments. Also, it provides employees with limited access to the account. For some users, a private account will work just fine. Make sure transaction fees are the same for all account types but the key difference is the purpose of use.
All You Need to Know:
Using PayPal isn’t a guarantee that you’ll be secure when paying online. You may always use caution. Also, make sure you don’t send anyone money unless you know them/trust them. PayPal scams are common everywhere. Never give anyone your confidential information and password!
Conclusion:
Here’s all about “Ways to use PayPal to Receive Money”. Have you ever send or receive money using Paypal? What are your experiences after using PayPal? Let us know your thoughts and suggestions for PayPal in the comment section below!
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