PAYPAL:- the safest online money transfer agency
(www.paypal.com)
What is paypal?
In simple terms,it is an
online bank.PayPal is the safer, easier way to pay and get paid online. The service allows anyone to pay in any way they prefer, including through credit cards, bank accounts, buyer credit or account balances, without sharing financial information.
In short it can be used to receive money anywhere from the world for your works and can transfer that money to your local bank account.
PayPal has quickly become a global leader in online payment solutions with more than 153 million accounts worldwide. Available in 190 markets and 24 currencies around the world, PayPal enables global ecommerce by making payments possible across different locations, currencies, and languages.
PayPal has received more than 20 awards for excellence from the Internet industry and the business community - most recently the 2006 Webby Award for Best Financial Services Site and the 2006 Webby People's Voice Award for Best Financial Services Site.
Located in San Jose, California, PayPal was founded in 1998 and was acquired by eBay in 2002.
In short,it is the most safest thing to transfer money online.
These are the questions comes to your mind,when you are dealing with paypal
1. What things should i keep in mind,so that when I receive online money,I do not face any fraud with my bank account.? Use paypal premiere or business account.Don't go for personal,it have got limitations in many countries.
Premier is free and business account requires some small fee.You can upgrade from premier to business account later too.You can directly show paypal in your website so that you can transfer money without giving any information of your account(Only premiere and business accounts have this facility.You will get the code from your paypal account).
2.. Is pay-pal website reliable?If yes,does it function when the receiver, ie,me is living in _______ country
Yes,its reliable.Hundreds and hundreds of freelance workers uses paypal for transferring money online.It is available in 190 countries such asAustralia
Austria,Belgium Canada, China, Germany,France, Hong Kong, India,Ireland, Italy, Mexico,Netherlands, Poland,Singapore,Spain,Switzerland,United Kingdom and many other countries(Check paypal website whether your country available)
3.Does the currency get automatically transferred into my currency,during this transfer?
You will receive money in dollars.You can transfer it to your local bank account according to the exchange rate.For example,In india,When you transfer 10$ to your local bank account.Paypal automatically converts it to about 450 Indian ruppees.
4.Do i also have to pay any fees when this money is received by me?If yes,then how much?
No.But,for senting money,in some countries you have to pay little.(In india,0.33$+2% of money).Its really affordable mostly less than 3%
5.What are the things i required to open paypal account?
*Firstly use a secured email.I prefer you to open a new account in gmail.
*You need to verify with your credit card or simply with your local bank account
(*In india you needs a pan card too.)
6.Which account is better-personal,premiere,business?
Both personal and premiere accounts are free.Business account has got a small fee.Choose business account only when you needs to pay a large number of peoples.You can show your paypal link securely in your website if you wish to receive money.This facility is available only to premiere and business account.
You can update your account to business from premiere to business in future.
So i highly prefer to use premiere account.Personal account has got limitations in countries like India.
Ready.Visit paypal:
www.paypal.com
