Smartphone Application to Send and Receive Money
Many of us now employ electronic transfer systems to send and receive money on a regular basis. PayPal is one of the most trusted and well-respected e-wallets on the market today.View full description
- PayPal is one of the most trusted means to send and receive money.
- The majority of online merchants accept this system as a verified payment method.
- Some users have complained that the two-step authentication process is slow and cumbersome.
- A slight commission fee is charged when receiving personal funds.
Many of us now employ electronic transfer systems to send and receive money on a regular basis. PayPal is one of the most trusted and well-respected e-wallets on the market today.
Main Features and Financial Capabilities
One of the reasons why PayPal has proven to be so very popular arises from the fact that it is an accepted for of payment in over 100 countries worldwide. Once a payment is sent or received, both parties will be notified within seconds; allowing them to keep track of the status of their order. One-touch commands streamline the entire process and users can access an overview of their account in no time at all. There is also an option for those who wish to use this system for business purposes.
Numerous User-Friendly Actions
Some of the actions that are offered by PayPal include checking balance statements, sending money to a personal bank account, viewing the history of prior transactions and adding a two-stage encryption process for higher degrees of security. This provider also offers credit for those who are approved.