PayPal is one way to shop securely online. you are going to know about [Quick Guide] How Does PayPal Work.
That is what we will talk about from now on. How PayPal works, what are the advantages and disadvantages, and how using PayPal can protect your credit card information.
What is PayPal?
For those of you who have never listened to a PayPal account or have heard, but still have questions, let’s start by introducing how PayPal works.
PayPal is a digital wallet developed by an American company. It was created to make digital payments and internet purchases in a practical, fast and, mainly, secure way.
Your model is accepted in many stores and apps around the world. It is currently accepted is more than 200 countries and is already a practice among more than 170 million people.
How does PayPal work?
To create a PayPal account, you must go to the PayPal website and create a digital wallet by including your credit card (s) data. The card can be national or international.
This data is stored within your account and can be accessed to make your payments in just a few clicks at participating stores and apps.
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Access to your online wallet is made simple. You only need your previously registered login and password. And, to make your purchases, you do not need to have balance in your online wallet. Simply select to pay for your purchases by your own registered credit card.
Is it really safe?
Do you already understand how PayPal works, but still don’t know if it is secure? So come on.
PayPal is responsible for not sharing your credit card details with any seller or store that makes your purchases. That is, your data is safe and secure on just one platform. You do not have to re-register your card information to accept.
Payment via PayPal.
In addition to protecting your data, PayPal also ensures that you have a more guaranteed shopping experience.
This is because, if the product you receive at your home is not exactly what you saw on the platform when you buy, Paypal, save some rules, guarantees the return of your money, including the cost of shipping.
See more information about this Buyer Protection benefit.
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What are the rates for this service?
The PayPal service, as well as creating an account on your platform, is offered free of charge. The company also does not include extra fees to make your purchases.
If your purchase is made in another country and, therefore, requires currency conversion, the company uses the retail exchange rate, plus the exchange rate.
Can you pay in debt?
You can, as long as you have a balance in your PayPal digital wallet. For this service, you will be charged fees only for purchases made from overseas stores. In national stores, there is no additional cost beyond the purchase price.
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PayPal Mobile is your digital wallet is an app available for smartphones. That is, it is another way for you to use the PayPal service and to verify the following services: send and request payments, check balance and verify your transaction statement.