What is PayPal?
PayPal simple called Online money transfers serve. This is an alternative money transfers method, this different from traditional money transactions method like cheques and money Order. Developing E-Commerce and E-Busineess increases uses of payments and money transfers to be made through the Internet. IT is the world's number one online payment service.
Originally, a PayPal account could be funded with an electronic debit from a bank account or by a credit card at the payer's choice. PayPal will attempt to take funds for a purchase from funding sources according to a specified funding hierarchy, regardless of what funding source is listed as "primary" in the account-holder's profile.
The recipient of a PayPal transfer can either request a check from PayPal, establish their own PayPal deposit account or request a transfer to their bank account.
PayPal became a wholly owned subsidiary of eBay. PayPal, the trusted leader in online payments, enables buyers and businesses to send and receive money online. PayPal has over 100 million member accounts in 190 countries and regions. It's accepted by merchants everywhere, both on and off eBay.
When you signup for PayPal account, you can start accepting credit card payments instantly.
How to create paypal Account?
You like to create paypal account simple way click blow the link and register in paypal.
Paypal account has three accounts as Personal, Premier, Business.
Personal - For individuals who shop online
Premier - For individuals who buy and sell online
Business :- For merchants who use a company or group name
Note :- When you sing up paypal please check out available countries
PayPal in Srilanka
Paypal offer service limited, this mean Sri lankan sending money to anyone but not receives money in Sri lanka, Online business, Web publishers (like Adsense) mostly affected.
Sri lanka has Paypal services simple said no because paypal only provides sending offer only this not paypal service. Srilanka government now a days lunch boosting Information Technology (IT) in Srilanka like provides Computer, Internet, facilities this boosting online business and Internet money transaction. but no gateway for money transactions only traditional methods now follow like cheques, Its increased idel time of money transaction.
" Sri lankan only sending money not withdrawal Facility"
Possibility of Paypal in Srilanka
Reason Economic growth and development leading need of online money transaction but online few gateways like Paypal, Alterpay. Other wise transaction made by traditional methods so express more gap between service provider and customers. Compares another Asia countries Srilanka has more relationship in foreign.
+ comments + 7 comments
I love PayPal, but I have never used the app. I just wish Google could integrate PayPal with Adsense, it would make things so much easier in my case.
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