PayPal Holdings, Inc. is an American company operating a worldwide online payments system. Online money transfers serve as electronic alternatives to traditional paper methods like checks and money orders. PayPal is one of the world’s largest internet payment companies. The company operates as an acquirer, performing payment processing for online vendors, auction sites and other commercial users, for which it charges a fee.
Paypal allows payment to be deposited instantaneously into the seller’s account. If you are new to Paypal, you can sign up for an account and you can get started minutes after registering. We all know customers expects no any hassles every time they make transactions. Paypal spares customers from additional processes in online transaction by requiring only the user name and password.