PayPal is an online banking system that provides an easier and faster means of sending and receiving money using a secured internet account. PayPal provides adequate security services to hide financial information such as bank accounts details, credit card numbers, and even your data to ensure that your privacy is protected.
When creating a PayPal account, it is usually linked with an email address, whether Google or Microsoft. It is this email address that is used to send and receive money on PayPal. PayPal email address is the same thing as an ID. It is the email filled in by you when creating your account on PayPal.
A Brief History of PayPal
PayPal is a popular digital payment system that allows people to send and receive funds via email.
PayPal is an online payment service that allows you to make payments through your account by using a credit card, bank account, or debit card. The company was founded in 1998 and is based in San Jose, California.
It has been one of the leading providers of digital financial services for more than 15 years and it operates in 190 markets around the world.
PayPal offers its services to consumers as well as merchants, which includes eBay, Etsy sellers, and others who need to collect money from buyers almost instantly after they complete their purchase on any website store.
It was founded in 1998 as Confinity, a company that developed security software for handheld devices. PayPal became one of the world’s largest payment companies after it was acquired by eBay in 2002. The word PayPal means “from Peter to Paul” or “you pay me now, I’ll pay you later.”
You can at any time choose to either remove, add or change your email address or ID on PayPal. All you have to do is go to the PayPal application or website;
- Tap on the settings configuration on the top right corner.
- Tap on personal info.
- Tap Email address.
- To add a new address, tap + Add a new email address.
- To edit an address, tap the address, then tap change.
- To remove an address, tap the address, then tap remove.
This is only possible once you create another primary email address, although you cannot delete your primary email address.
PayPal email addresses can also be kept hidden to prevent spammers from getting to your account. This is possible due to the provision of a merchant ID under account settings in PayPal. The merchant ID prevents your primary email address from being seen by the public.
It’s perfectly safe to share your PayPal email address or ID safely shared to as many persons as possible without any risk. It’s is perfectly safe as long as they don’t have your email password.
How does Paypal work?
PayPal is an online service that lets you make international or domestic payments using your credit card, bank account, checking account, and other financial information. It also offers a physical debit card that can be used for in-store purchases as well as withdrawals from cash machines.
The PayPal website acts like a normal online shop allowing you to browse through the products on offer. When you find something that interests you, click ‘Buy Now’ and enter your payment details. PayPal will take care of everything else for you including sending an email confirmation with a receipt or packing slip containing all relevant order information
PayPal only takes about three days to process payments before releasing the funds to the vendor, but in some cases it can take up to five days.
What country can use Paypal?
Paypal works in most countries. However, there are some exceptions such as Myanmar (Burma), Cuba, Iran, North Korea and Sudan. There is usually a list of places where PayPal does not do business on the page for that country’s currency – just look for “Where We Don’t Accept”
It should be noted that there are some countries that PayPal does not accept payments from or send funds to.
PayPal’s email address and ID are the only ones to send and receive money while making use of PayPal. It is also a means of business transaction that is safe and secured.
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