PayPal A New Generation of Payment

August 28th, 2014 admin Internet,Online Shopping 0

Not everyone has a credit/debit card, but most people have a PayPal. PayPal is the new 21st century way to pay people, either you buy something from them or owe you a friend some few loose change. The technical definition of PayPal that it is an e-commerce business allowing payments and money transfers to be made through the internet. PayPal serves as an electronic alternative to traditional paper methods such as checks and money orders.

To sign up go to PayPal then on the top it says sign up and you go to that link. It is really simple for someone to sign up, you just fill in your information, and all you need to do is add a bank account or credit card. After 3 months you are eligible for a PayPal debit card. Even though there are fees to withdraw from at ATM machine, there are simple tricks to bypass that. It is not illegal or cheating, but if you look at the back of your card it says “Jp Morgan Chase” so that means if you withdraw from a Chase ATM you don’t have to pay that $1 dollar fee.

A new feature came out for PayPal is now you can make a  student account. All you need is a parent with an account. Parents can now give money to their kids money through the parents account, and can watch how much money the child spends. There are some fees for the account, so you should see the details. The student also receives a debit card and you can control how much they spend and if you want you can deactivate the card. I hope this blog helps you clear up any thoughts you had of making an account. Also making a PayPal is free, and putting money from your bank account is free. Almost every site these days accept PayPal so don’t hesitate on using it.