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This is a quick overview of PayPal - View Movie

This page contains the following sections.

  1. What is PayPal?
  2. How does PayPal work?

What is PayPal?

PayPal is an eBay company that enables anyone with an email address to send and receive online payments. It integrates excellently with eBay and is safe and easy to use. Over 80% of transactions on eBay are conducted using PayPal.

PayPal is free to use when buying goods from eBay. There are costs to using PayPal to receive payments as a seller.

How does PayPal work?

Once you have created a PayPal account you can use it to make payments or receive payments. When you buy goods on eBay and pay with PayPal, you need credit your PayPal account from a debit card, credit card or from your bank account.

Paypal Flow Chart

When you sell goods and receive payment via PayPal, you can choose to spend your credit on other goods on eBay or take payment to your bank account. Taking payment to your account is free for items over £50.00 but costs £0.25 for items that are £49.99 and less.

How Do I open a PayPal Account