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Basics:
How
To Buy
& Sell Online
PayPal provides a very easy and secure way to buy things or make payments online,
as well as collect payments from others online.
It was the first such online service, and today it is the most widely known
and trusted such service, in my humble opinion.
With a free personal PayPal account, you can:
-- set your account up to make payments online directly from your checking account,
-- and you can also set it up to make payments with your credit card(s),
-- and, if you also accept payments through PayPal for any of your own business enterprises (more info below), you can also use those funds to make other purchases/payments
directly from your account (without transferring them out into your checking account first).
I'm not going to go into ALL the details here -- visit PayPal for more information.
I'm not going to go into ALL the details here -- visit PayPal for more information.
If you ever need a way to ACCEPT payments online, PayPal also offers a very convenient and inexpensive way to do so, compared
to traditional "merchant accounts" through banks, where it's more difficult to get accepted and you must pay higher transaction
fees.
With my Verified Member Business Account (which was free to apply for),
each time I'm paid through PayPal, they deduct a very small percentage from the payment as their service fee
(see PayPal for the exact details).
It's very much worth it to me, personally, because it's much less complicated
than any other method (such as applying for a separate merchant account, which also costs more for the transaction fees).
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