Online Shopping and how it relates to PayPal
PayPal offers a secure service through which funds can be transferred from one PayPal account to another.
With PayPal, one can basically bypass all of that. I have seen numerous mom-and-pop level online stores that proclaim they accept PayPal as payment. The basic concept is that someone sends an email requesting to buy an item. The seller approves the sale. The buyer then goes to PayPal and makes a secure transfer of funds.
The fact that the money is transferred from one PayPal account to another, rather than right to the user, is important.
There are seven ways Paypal improves the online shopping experience.
- Credit card Security
- Transfer of money
- Smartphone apps for quick and easy access
- Online Auctions