What is paypal?

[kuldeep]

Hey everyone, I keep hearing about PayPal, but I’m not exactly sure what it is or how it works. From what I gather, it’s some online payment system, but can someone explain it in simple terms? Is it safe to use for sending and receiving money? Also, do I need a bank account to use it?


Would love to hear your experiences with PayPal—pros, cons, and whether it’s worth signing up.

 

[danisjohn]

PayPal is a secure online payment platform that allows users to send, receive, and manage money digitally. It supports purchases, money transfers, and invoicing for individuals and businesses. Linked to bank accounts or cards, PayPal simplifies online transactions while offering buyer protection, fraud prevention, and international payment capabilities.

 

[nikhilrajoria]

PayPal is a safe online shopping cart to make and receive payments without posting card information.

 

[robertwilliam]

PayPal is an American multinational financial technology company that operates an online payment system, allowing individuals and businesses to send, receive, and hold money electronically.

 

[lara]

PayPal is an online payment system which is used by individuals and companies to send and receive funds electronically. It facilitates payments using linked bank accounts, credit or debit cards and PayPal balances. It is fast, convenient and reliable at online shopping, subscriptions and international transfers.