What is PayPal and how does it work?
- PayPal is a safer, simpler way to send and receive money online.
- You can pay for items you buy on eBay as well as on hundreds of other leading retail websites, or you can use PayPal to send money quickly and safely to anyone with an email address.
- You can pay with money held in your PayPal account balance or use another payment method such as a credit card, debit card or your bank account.
- Once you sign up for a PayPal account, you just need to select PayPal as your payment method when you shop online. Websites that accept PayPal will show the PayPal logo in their checkout. You will be asked to log in to your account with your email address and password to confirm the payment. PayPal never shares your financial information with sellers or retailers.
- It’s free to sign up for a PayPal account.
- Purchase payments: For payments made as a purchase of goods or services, the recipient (seller) will be charged a fee. For more information visit www.paypal.co.uk and click on the ‘Fees’ link at the bottom of any page.
- PayPal is available worldwide and in all major currencies.
