PayPal is a way to send and receive payments using the internet. It is so easy to send money to the other person and you can do so if the other person is also registered with PayPal. All you need is just their email id and you can make the payment easily. It is possible to link your back account with your PayPal account so that you can fund your PayPal account with the money from your bank account. The same is possible to transfer money from your PayPal account to your bank account. Any website that accepts PayPal payments can be used to make payment through your account. During check out you have to select PayPal as the mode of payment. With this the fund is paid to the merchant securely. PayPal gives you a debit card which can be used just like other debit cards with approved merchants.
[tags]Online Shopping, Money Transfer[/tags]