What exactly is PayPal payments?
Answers: I wrote an article that highlights the 3 different accounts you can setup - Personal, Premier, and Business
http://www.marlobydesign.com/blog/?p=16
This is a good read to go and get you started and it is FREE to setup a Personal account (meaning no fees to adopt money like the other 2 picture types).
I also have links in relation to the differences of the 3 types - it is very informative.
Paypal is an online hill that lets you put in or withdraw funds to purchase things on the internet. It also will tolerate you use your credit card to buy thing. The monies are put thru Paypal which take a small fee for its service. The tax is usually paid by the vendor as with most credit cards.
If you are selling on Ebay, this is a convenient road to collect funds.
PayPal is a money transfer intermediary. What's that? It is a service that processes payments from customers to vendor, via check, debit, credit, or even money orders. This process you can use your credit card or bank narrative to pay dozens of vendor without have to give your depiction information to each one. The impression is that it is more convenient and presumably safer because you only disclose your info to one reputed company rather than dozens of unknowns. Of course nearby is a fee for the service, usually charged to the supplier. E-bay contributed to the popularity of PayPal as it is the principal payment method for e-bay purchases.
You can also verbs money via pay-pal much like you would beside Western Union or MoneyGram.
hay bubs paypal is a link between your credit card and the internet,so you can salary for things online ,like within ebay,and some online shopping,when you use paypal you can pay for that item straight away