The online payment site PayPal has become hugely popular in the space of less than a decade. It is a way of transferring payments electronically from one account to another.
The funds leave one person’s PayPal account and hit their intended destination almost instantaneously. The receiving account holder can then transfer this money to their bank account, or use the electronic funds to purchase goods or services.
While cash is still king, PayPal is now welcome on an
ever-growing number of websites. The world of business is no longer
impenetrable and murky; it is simple than ever.
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