What Is PayPal Anyway?



PayPal is an E-commerce business allowing payments and money transfers to be made through the internet . It serves as an electronic alternative to traditional paper methods such as cheques and money orders. PayPal performs payment processing for online vendors, auction sites, and other corporate users.

PayPal is very importance when you want to generate money from the internet but for you to have paypal account you need at least a Credit card or a debit card.

A credit card is different from a Debit card in that it does not remove money from the user's account after every transaction. In the case of credit cards, the issuer lends money to the consumer (or the user) to be paid to the merchant. It is also different from a charge card (though this name is sometimes used by the public to describe credit cards), which requires the balance to be paid in full each month.

A debit card is a card which provides an alternative payment method to cash when making purchases. When the user's purchase an item, the funds will immediately deducted from his or her checking or savings account. SO it is much safer to use Debit card rather than Credit card if you are a student

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