What is a PayPal account? Can I give the intermediary my ebay account details so that he can enter his PayPal ID and buy the item himself? Linking a card to a PayPal account

Not everyone knows what PayPal is and how to use it. The economy does not stand still. Many goods and services can be obtained on the Internet. For secure payments, for the convenience of all participants in business relations, this electronic payment system was specially developed.

What is PayPal?

The main thing in payments via the Internet is security guarantees. A person should know that his money will not go in an unknown direction, and he will not become a victim of fraud. The PayPal payment system is a system through which you can send and receive financial transfers. Its main feature is ensuring the protection of the rights of sellers and buyers. The company is a kind of electronic bank, as it performs almost the same functions on the Internet.

PayPal - pros and cons

In the era of booming technological development, such a system has simply become a necessity. Like any product, the PayPal service has both advantages and disadvantages. With the help payment system you can even buy a car in a matter of seconds without leaving your home or pay utility bills. All this makes human life much easier. Let's look at the pros and cons of this system in more detail.

PayPal benefits

PayPal wallet has a huge number of advantages, among which the following must be highlighted:

to work with this system you do not need additional software for PC: manage personal account can be done from any browser and any PC;
high level security is a huge plus: the client’s identity is carefully checked;
additional security measure - binding credit card To virtual account: this operation is needed to confirm the client’s identity;
in case of an unsuccessful money transaction, the user receives his money back.

Cons of PayPal

Any system has its unpleasant sides. PayPal account is no exception, because it has restrictions on working in the countries of the post-Soviet space. Until recently, in Russia it was difficult to withdraw money from an account. Increased security measures, on the one hand, are good, but the system independently blocks accounts at the slightest suspicion, without warnings or explanations. Convert money to others electronic currencies it is forbidden.

What is PayPal and how to use it?

PayPal has a very simple interface. Before you start, you need to study the system in detail and register. Then link to a virtual account real map. Many domestic sellers are expanding internationally, and in Europe they have been freely using this payment system for a long time, therefore, the pressing issue remains correct use this device.

How to register with PayPal?

To create PayPal wallet, first you need to go through the registration process. You only need to provide real information. Otherwise, there is a high probability that your account will be blocked in the future. Detailed instructions includes the following:

indicate the country, select the interface language;
select the account type: corporate (for companies) or personal (for use by one person);
then enter all personal data;
Upon completion of registration, a confirmation email will be sent to you.

How to top up your PayPal account?

Second important question: how to top up PayPal. To avoid problems with replenishment, you need to link a credit card, then it will be easier to perform operations. You can top up with cash through the terminal; for this you will also need to create an . And then we link the virtual card to the account. So, there are two ways to get money into your personal account in the system:

transfer money from another PayPal account;
receive payment for goods or services offered.

How to withdraw money from PayPal?

A pressing issue for many post-Soviet countries has become the withdrawal of money from PayPal. There is a way to withdraw money through another person. For example, you need to withdraw money and buy him some goods. Then you make an exchange: he pays you in cash, and you pay for his goods in the store from your account. This method allows you not to spend a single extra penny. One of your relatives or friends will become your intermediary to receive money in this way. What is PayPal and what other withdrawal options are there?

Withdraw money from the company's office. There are not so many such offices, so only some citizens will be so lucky, but in general, this is an ideal way with minimal commissions.
Withdraw money to a bank card. To begin with, you will need to withdraw small amounts of money twice and wait a couple of days. Withdraw via or Qiwi. IN in this case these wallets will act as intermediaries. The operations will be carried out faster, but you will have to pay a commission.

How to pay via PayPal?

Another important point, users are interested in - how to pay via PayPal. If you need to buy an item in an online store, and it says this method payment, you just need to select it and enter your login and email address. The money will be withdrawn from the card linked to the account or from the balance on the virtual account itself. Payment fees are paid by the recipient, not the sender.

What PayPal is and what it is needed for is very clear. From all of the above, it turns out that this is a system for paying for purchases and services that contributes to the development of the economy in countries where it can be used to its fullest. The only drawback is the difficulties with withdrawing money in the post-Soviet space. Technologies are developing and, most likely, in another couple of years, and anywhere on Earth it will become possible full use system capabilities. In any case, using such a service is convenient and profitable.

Paying through PayPal for purchases in foreign stores protects you 100% from scammers. You can be sure that the money will not go elsewhere, and you will be left without goods. Customer purchases are protected in such a way that until the buyer confirms receipt of the goods, money is not credited to the seller's account. In case of incidents, the buyer receives his money back. The company is registered in the states as a money transfer company. She performs all banking transactions and reports to unified system taxation, and its work is regulated by all basic laws.

PayPal money is a real currency and is accepted by over 90% of the world's online merchants. An account opened in the system makes it possible to make purchases in online stores and participate in online auctions. A big advantage of PayPal is the insurance of transactions from unreliable sellers: if the goods are not shipped, PayPal will return the money transferred to the supplier.

The PayPal system has a multi-currency platform and provides a set package of services for each country depending on its status with restrictions and tolerances. Until recently, the package of the Russian branch of PayPal included only services for depositing funds into an account and paying using the online purchasing system. Most often, PayPal was used by Russian buyers for purchases on resources such as eBay or AliExpress.

However, the service for withdrawing funds received from the system was not available to Russians. But recently Russia was given more high status and the ability not only to pay for goods, but also to make withdrawal transactions cash from PayPal to card.

Now in Russia, clients of the system can not only create a wallet and open an account, but also link a credit card and send payments. Registration, opening an account in the system, sending payments are free. Commissions are usually taken from the recipient of the money, the average percentage is 1.9% of the payment amount.

This percentage depends on the recipient's country, account type, etc. Currency conversion is carried out using PayPal or the bank making the payment. PayPal commission for currency transactions is 2.5%.

How to use PayPal in Russia: registering with PayPal

To start using PayPal, register in the system. This free service, no separate payments are required. There are two types of accounts available: for individuals and for companies.

An account for individuals makes it possible to pay for goods without indicating the company name. A corporate account for companies will allow you to conduct transactions from a legal entity.

Select the right option and click the "Open Account" button. You will need to enter a number bank card, personal data, create a password. When registering, you must indicate your official data; if there is an error in it or even a pseudonym, then when the system checks, the account will be considered fake and blocked.

After selecting the country and user status, an introduction will be required email addresses, password and postal address, and you will also need to link your card to Paypal. You can use the payment service only through a linked debit bank card; it must be opened in the name of the person who is registering.

It is to this card that you will subsequently withdraw money from the system. You need to enter its number, expiration date and code located on back side cards. An account is created automatically in the system. The transaction note will indicate a four-digit number that is the key to activating your PayPal account. Enter this code and activate your account. After this, the system will begin checking the card. In this case, a small amount of money ($1.95) will be blocked on the account. Once the cardholder confirms that the withdrawal was made with his or her knowledge, the card is considered confirmed and the funds are returned to the bank account.

You can now make payments. Subsequently, the client will have the opportunity to move to the next payment level in the system.

Using Paypal: Paying for Purchases and Receiving Payments

After selecting your purchases and receiving a page with a description of the product and payment methods, click the “Pay with PayPal” button. Enter address email and the password used in the system. Click on the “Login” button. Confirm the purchase and debit the funds from your bank account.

The most convenient thing about this system is that the interface is as client-oriented as possible; it is truly friendly. The simple design is intuitive; when registering, the required language is set, so there are no difficulties for a Russian-speaking user without knowledge of English. Setting up PayPal allows you to send money in just a few clicks.

Top up your PayPal account

Separately, in the system you can transfer money to PayPal. The system connects to the linked card and takes the required amount from it. To send money to another user of the system, you only need his identifier and email address. Please note the peculiarity of the system: Russian citizens can only send funds in rubles during mutual settlements; with other countries, payments will be in dollars or euros.

Money is transferred from the system to the card almost instantly. You do not need to register for a commercial account to transfer money within PayPal's monthly withdrawal limit. This is only necessary if you do not meet the limit and need a large turnover of funds.

PayPal Features: Security and Limits

The limit of funds installed in the system that can be used depends on the level of current verification of your account. When using an unverified account, you will be able to perform transactions in PayPal in the amount of up to 15 thousand rubles or its currency equivalent per day. The limit on the movement of funds on the account per month is 40 thousand rubles.

The system imposes such restrictions on users for security reasons. To expand the limit, you need to complete the account verification procedure.

The system offers two types of verification:

Simplified verification. After passing it, the cash turnover limit increases per day to 60 thousand rubles, and per month – to 200 thousand rubles.
Full verification significantly expands the user's capabilities. It becomes possible to transfer up to 550 thousand rubles in a one-time payment.

How to complete full account verification

To obtain the maximum possible financial freedom in the system, you must fully verify your identity. For complete identification, the PayPal user is required to provide the following relevant information:

full passport details;
mobile phone number;
number to choose from state registration: TIN, insurance number personal account at the bank, compulsory health insurance policy number.

Paypal Service Fees

When transferring funds, the PayPal service deducts a commission from the client's account depending on the size of the transferred amount. To avoid misunderstandings, the full payment amount along with the commission must be clarified before the transaction.

Without commission in PayPal, you can pay something in rubles within Russia or perform remittance within the country, if you use funds from your internal PayPal account for this. If the system takes funds for the transfer from a bank card, then a commission is charged in the amount of 3.4% of the transfer amount and an additional 10 rubles for each transaction.

When withdrawing funds abroad, you will be charged an additional fee. Depending on the country where you need to transfer money, the commission will range from 0.4 to 1.5%. The system allows you to select the payer of the commission; it can be paid not by the sender, but by the recipient of the money. Before any transaction, the system will prompt you to familiarize yourself with the current commission fees.

Additional guarantees of transaction security

To ensure the security of customer accounts and as part of the fight against fraudulent schemes, PayPal provides for payment blocking until the buyer confirms receipt of the goods. Only after this the seller is given access to the transferred funds. Most of the reviews available on PayPal confirm the need for this approach. If the buyer does not receive the goods or there are complaints about the goods, he can challenge the transaction within 45 days. The claim is being reviewed by PayPal staff.

Withdrawing money to PayPal

Today in Russia it is possible to withdraw money from the system to a bank card account. To do this, you need to select the “Withdraw funds” item in the menu; the system will show the card linked to your account. The operation will take from 5 to 7 days, a notification is sent to the client’s email.

Sources:

PayPal in 2019
paypal how to use in 2019

This is an electronic payment system with the longest history of existence and the largest number users all over the world. Nine out of ten online stores make payments exclusively through PayPal.

PayPal's electronic payment system links a virtual account to a credit card or bank account - it is the only system that truly transfers money rather than electronic payment units.

The main operating principle of this system is safety. The system guarantees the safety of accounts, but creates a lot of inconvenience for users in that the slightest suspicion of dishonest actions by a client causes an immediate blocking of the account.

History of the payment system

The world's oldest electronic payment system was founded in 1998 in the USA by economist Peter Thiel, entrepreneur Luke Nosek and Russian-born programmer Max Levchin.

Confinity company was created to carry out money transfers via mobile devices. The need for such a product in the market was colossal and Confinity immediately received huge investments of about 4.5 million US dollars from Nokia Ventures and Deutsche Bank.

In 1999, Confinity merged with X.com, an Internet financial services company. The new company name is PayPal Ink.

The official PayPal website began working with clients in February 2000. The Internet is developing rapidly, many paid services and virtual stores. The electronic payment system attracts huge investments - $23 million. Already in June of the same year, PayPal had 1.5 million customers and a daily turnover of 2 million US dollars per day. It is also important to understand

In February 2002, the corporation issued shares worth a total of $900 million on the US securities market.

In October 2002, the payment system was acquired by eBay Inc for $1.5 billion.

PayPal today

Today, PayPal is the world's largest electronic payment system; in 2006, transactions worth $11 billion were made in the system - it currently has no competitors.

9/10 of all online stores make their payments via PayPal.
PayPal has more than 20 different categories, including “Best Financial Website” (2006) and “Britain's Most Popular Financial Portal” (2009).
PayPal's coverage area is 190 countries. The peculiarity of the system is that the payment system services are different in each country. The entire range of EPS services is available only to users from the USA, Western Europe, Canada, China and Australia.
In 2007, payment system services became available to clients from the CIS countries: Russia, Armenia, Kazakhstan, Azerbaijan and Ukraine.
The company's website offers customers a choice of languages: English, Chinese, Spanish, French and Russian.

Payment currencies in PayPal

At the time of the company’s founding, payments in the system were made only in USD-dollars. Today, payments in the system are made in a number of currencies: euro, Canadian, New Zealand, Singaporean and Australian dollars, pound sterling, yen, yuan, Czech, Danish and Norwegian krone, Polish zloty, Swiss franc and . maybe dozens in various ways, but only a few are available in Russia so far.

What are the financial activities of this system?

A PayPal customer links a bank account or card to an email ID - this is their email address. After registering in the system, the client can make electronic payments.

The minimum amount for a transaction in this payment system is 1 US dollar. Clients of the system from the CIS countries can have a limited amount of no more than 500 US dollars on their account.

PayPal users in America can send money instantly to PayPal via SMS. This service will soon be available worldwide.

PayPal is the only one in the world that deals with real “live” money, so the security system instantly reacts to the slightest violation of the rules for transferring funds.

The funds that the client enters into the payment system are deposited in Wells Fargo bank accounts. Insurance company SafeWeb Insurance insures clients' risk of withdrawing more than 100 thousand USD from their account without authorization.

The administration of the payment system recognizes only verified client accounts as trustworthy when all bank account data has been entered in full. Such accounts have minimal restrictions from PayPal security, which regularly blocks suspicious accounts.

This system even has its own Wall of Shame on the network, where users of the system share their outrage at the actions of the security service to freeze accounts.

PayPal Services and Accounts

Electronic payment (sending). Transfer of a sum of money from a personal PayPal account, bank or card account verified in the system.
Request to debtors to transfer funds. The user sends letters to debtors urging them to make payments.
Placing payment instruments on the website. The service is available to Premier and Business account holders.
Auction payments.

automated mailing that requests payment;
You can pay with PayPal for purchases made at online auctions.

The electronic payment system offers its clients a choice of three types of accounts.

Personal account. Account for personal use - transfers to loved ones, clients, payment for purchases only within the system. Account limit is $500 per month. An unverified account opened in Russia or Ukraine is limited to $100 per month. An account opened in the USA has no restrictions.
Premier account. Designed for the turnover of amounts exceeding the personal account limit. Allows you to produce PayPal payment to an account from credit cards, it is possible to integrate the account with the site.
Business account. Opens for financial activities of companies. Has the details of the company, its logo and functions on its behalf. To open a business account, a company must have a taxpayer registration number.

Russians use a limited range of services from this system:

Making electronic payments via PayPal from bank and card accounts.
Accepting payments - the service has been available only since 2011. Amounts deposited into an electronic PayPal account cannot be withdrawn to a bank account or card. The money can only be spent on paying for Internet purchases.

Payments are made in rubles, all information is in Russian-language format.

To become a client of the PayPal electronic payment system, just go through simple procedure registration in the system. The identifier will be the email address.

Security system requires introduction complete information about the client. Verification of the account in the system is carried out only after complete entry of all information about the account. At the time of verification, there should be an amount of about $3 on the card - a membership fee for verification of $1.95 and a symbolic amount of $1, which will be returned after registering an account in the system.

In Russia there is a service - sales virtual card Paypal with a certain amount in the account, for example, in QIWI terminals. Such a card does not require entering personal account information into the system. It is not recommended to keep large sums on such a card - unverified card data is quickly calculated and blocked by the Paypal security system. In this case, it will be impossible to receive the money remaining on the card.

Advantages and Disadvantages of PayPal

The main advantages of the system are:

reliability and high level of security;
ubiquity;
ease of use - the identifier is an email address;
fast and simple calculations;
the system withdraws money directly from a bank (or card) account.

Flaws:

Users of the system in Russia and the CIS countries have a limited personal account limit of about $500. Of the system’s range of services, only payments within the system and payment for online purchases are actually available.
Money held in system accounts is not converted into electronic currencies.
The security system has the unlimited right to block electronic accounts.

So, let's summarize and highlight the basic principles of operation of this system:

PayPal is an electronic payment system.
This system is the oldest and most widespread in the world.
System users have the opportunity to make cash payments directly from their bank account linked to an account in the PayPal payment system. The system transfers real money, not electronic analogues. The funds are kept in the bank.
9 out of 10 online stores around the world make payments via PayPal. The system is distributed in 190 countries.
Russian users of the system (as well as most CIS countries) through PayPal can only make payments within the system and in online stores. The amount on the account is limited to $500.

PayPal is the largest payment system in the world, with more than 179 million active users.

Since October 2012, it has been fully operational in Russia. With its help, you can pay for purchases in online stores in any country, since it operates with 25 types of international currencies. “Payment Buddy” (that’s how the name of the service is literally translated) allows you to make any financial transactions quickly and most safely.

In order to transfer money to friends or pay for goods and services, you need to register. To do this, go to the official website of the service and click the special button (it is located in the upper right corner). After this, you will automatically be taken to the page for selecting the type of account: corporate or personal.

A personal account allows you to do the following:

transfer funds to your family and friends;
link a bank card to pay for online purchases;
put money into your account to pay for goods and services, transfer to friends;
withdraw money to a card or ruble bank deposit.

When registering, you will need to provide your email, create a password and fill out a form. Data entry is carried out in Russian. After filling out the required fields (full name, passport details, residential address, phone number, etc.), you must confirm that you have read the user agreement, and then click the “Agree and Create” button.

You can register, open and top up your account completely free of charge. With further use, you can always change its status from personal to corporate. Creating a wallet, regardless of type, is possible only in state currency. But as you use the system, you can add other types of currency.

After registration is completed, you can link to electronic wallet credit card, indicating only the bank card number, its expiration date and the CVV2/CVC2 code (the last three digits on the back of the plastic). After linking, you will be able to top up your wallet directly from the card or, conversely, withdraw money from it and transfer it to a credit card. You can also top up your account in cash through Svyaznoy and Euroset stores.

How to start using PayPal?

The first action that needs to be taken in order to start using the payment service is to confirm your email address. Only then will the account be considered created, and the user will be able to send and receive money transfers, including without a credit card. To do this, you need to log in by clicking the link on the right top corner screen. On the page that opens you will find a link to confirm your email. After clicking on it, the system will automatically send a letter to the address specified during registration.

To complete the verification procedure, you must re-enter the password you used to create your account. After this, instead of a link to your email confirmation, a green circle with a checkmark inside will appear. Now you can move on to full use.

But before you start using the service, you should find out the available limits. They are installed for all types of accounts. Thus, for account owners with unconfirmed data, the monthly limit is 200 thousand rubles. The amount includes any financial transactions, be it withdrawal or deposit of money, payment for purchases online. One-time transactions should not exceed total amount 60 thousand rubles. This means that without confirmed data you will not be able to buy in the online store Macbook Pro 15’’ worth over 150 thousand rubles or receive a transfer for a similar amount.

To increase the amount of financial transactions, you must confirm your personal data. To do this you need to do the following:

log in to the service;
click the “Check your account limits” link at the bottom of the page;
On the page that opens, click the “Increase limits” button.

You will be offered several confirmation options to choose from. To remove account restrictions, you must complete all of them.

One way to confirm your passport data is to send a scanned copy of it (pages 2, 3 and 5). To confirm your card details, follow these steps:

enter exact data (number, expiration date, security code);
Click the “Add card” button.

Then in the data confirmation window, opposite the “Confirm bank card” line, click the “Start” button. Your account will be charged $1.95. Let's consider further actions using the example of a Sberbank card. After debiting the funds, you need to visit Sberbank-online, click the “Account Statement” link and find the required transaction.

Next to the operation you will see a verification code (4 digits) like 2016CODE. Sign in account payment system and enter it in the appropriate line. Upon completion of the verification, the blocked funds will be returned to the account automatically. If necessary, card information can be deleted or changed.

Where and how can I pay for purchases?

Today you can pay for purchases in tens of thousands of online stores around the world, including eBay, Ozon, etc. Many payment system partners provide special discounts to account holders, and numerous promotions are held for PayPal users. You can find out about current offers by visiting the “Shopping Center” on the system’s website.

This section provides full list sellers who accept payment via PayPal. However, there are a number of stores that are not ready to accept funds in this way. It is impossible to make purchases using this service on Aliexpress and Amazon. But this is understandable, because PayPal is a direct competitor of these trading platforms– eBay company – were previously part of the same group of companies. But, starting at the end of 2014, eBay decided to spin off the PayPal system into an independent structure.

Paying for purchases through the system is extremely simple. You need to take a few simple steps:

visit the desired online store;
add your favorite products to the cart;
proceed to checkout by clicking a special button or selecting from the list of available payment options.

After selecting payment via PayPal, a window will automatically open to enter the email address to which the wallet was registered and its password. If before payment you did not have own account, it can be created directly during the ordering process.

After entering the required data, the direct payment page will appear. However, it does not have to be linked to your account. bank card. You can specify its details at the order confirmation stage.

The further procedure for placing an order is standard: you will need to indicate the address, delivery method and other necessary information. Payment for purchases is always free for visitors to Russian online stores. But when paying for goods abroad, the system may withhold a conversion fee equal to 4% above the wholesale currency exchange rate (if the seller refuses to pay it).

Owners of currency debit and credit cards should first disable conversion. Otherwise, the system will send a request to transfer funds in national currency (even if the invoice is issued in dollars or euros), and the bank will transfer the required amount at the internal rate.

Secure payment for purchases via PayPal

An important advantage of using this payment service is the presence of a Buyer Protection Program. You can contact the Help Desk for a variety of reasons:

the product does not correspond to the stated description;
presence of defects, damage, signs of wear of the goods;
non-delivery of goods to the buyer;
mismatch in size, style, color, etc.

In all of the above situations, the Support Service will help return funds to the buyer’s account and reimburse the costs of delivery and return shipment of unsuitable products. The Program partially applies even to the purchase electronic tickets and documents.

To initiate the refund process, you must complete a number of steps:

open a dispute 7 or more days from the date of purchase by contacting the Problem Resolution Center;
contact the seller for an amicable settlement;
close the dispute by mutual agreement;
convert an open dispute into a claim if the seller’s response is unsatisfactory.

It is noteworthy that the Center operates around the clock. Its employees will review the application and make a decision, after which the money for the goods can be transferred to the buyer’s account. Another advantage of using the service is the secrecy of personal data (account or credit card details). To confirm payment, all you need is an email address and login password.

How to transfer funds from an account?

You can create a PayPal account to make secure and fast money transfers. To transfer funds to friends and family, you only need to make a couple of clicks. Just log in personal account and click "Pay or send funds" at the top of the screen.

After clicking, a window will open with two more links, one of which is to proceed to sending funds from the account.

You can send a money transfer to absolutely any recipient in Russia who has his own email address. It is not at all necessary that the recipient has his own account. He will be able to register it after receiving a message about the transfer of money in his name.

You can transfer money not only from your account, but also from linked cards. But in this case, the service charges a commission equal to 3.4% of the amount + 10 rubles. When transferring funds in non-state currency (US dollars, euros), an additional commission is charged on the conditions described earlier.

How and where to cash out?

In order to cash out the balance in your account, you need to log into your personal account and click on the “Withdraw funds” link. If you have not linked a bank account to your account, you will be prompted to do so and go through an account verification process. Two small amounts will be sent to the specified account (crediting occurs within 3 – 7 days). You will need to find out their size and indicate it in special fields when you click on the withdrawal link again. After completing the verification, you can freely withdraw money to your bank account, without forgetting established limits. Withdrawing money to a bank account or linked credit card takes approximately 3 to 5 days.

There are other withdrawal methods:

to Qiwi wallet;
on Yandex.Money;
on Webmoney.

You can use them through one of the online exchangers - sites that offer money transfer services between two services (for example, PayPal and Qiwi) for a certain commission. Its size sometimes reaches 10 - 12%, so before using it it is important to find out the operating conditions of the exchange office.

Withdrawal of funds is available not only in our country, but also in Belarus and Kazakhstan. Residents of CIS countries such as Ukraine, Armenia, etc. will also have to link a card and bank account to their account, go through a similar verification procedure and receive their money directly to their MasterCard or Visa card. In this case, you can receive funds using bank terminal(ATM).

The development of online trading implies the availability of fast and safe ways payments that would allow you not to have to transfer money through a bank with filling out receipts and make purchases in convenient time, being at any point globe. This has led to the emergence of electronic payment systems on the market that offer users a different list of services and provide the opportunity to conveniently and safely process payments and transfer funds to their own accounts or the accounts of other users. Such systems are in the best possible way entrusting trade, both for individuals and business representatives.

A little about the history of the creation of the electronic payment system PayPal

PayPal Inc. was founded in 1998, immediately occupying the service niche electronic auctions. By the end of 2000, more than 1 million auctions operating on eBay offered their customers to pay for orders through PayPal. On at the moment in most American and Western European networks PayPal stores is a leader in payment processing and confidently displaces competitors. PayPal is a guarantor-intermediary when making purchases on the Internet. The system provides its services in more than 190 countries, uses about 30 types of currencies and has about 200 million registered users. Since 2011, PayPal has been operating in Russia and Ukraine.

PayPal benefits

Globality – the ability to pay for purchases anywhere in the Russian Federation and abroad in a matter of seconds.
Ease of use – to complete a transaction, you do not need to enter long bank and payment card details; you just need to indicate your user ID.
High degree of security of transactions and protection of user data. The level of transactions classified as fraud with PayPal is much lower than with bank transfers and payment card transactions. In case of disputes between the buyer and the seller, if the buyer is right, he is guaranteed a full refund.
Possibility of automatic currency exchange if the sender's account has a currency different from the recipient's account. Conversion can be made both within the system and through the bank specified by the sender.
All payments in PayPal are made in real money, unlike other similar electronic payment systems. By linking a bank account or payment card to your account, you can carry out financial transactions, top up your balance or withdraw money.
Opening and maintaining an account is free, but for current transactions a commission is charged to the recipient of the funds. The size of the commission depends on the type of account, country of residence and card servicing bank.

How to use PayPal

For users from different countries PayPal is a separate set of services. The maximum list is available to residents of the United States and Western European countries, China, and Australia. For residents of Russia, after creating their own account, the function of sending payments, linking payment card to PayPal account, withdrawal of funds to bank accounts in rubles and transfer to the WebMoney system.

Registration takes place on the system website; the user’s country of location and the language of the website page are usually determined automatically. First you need to register in the system:

Select “Personal Account” or “Corporate Account”, depending on the type of your activity.

Enter your country of residence, e-mail, and create a password to access your account.

Please provide information about yourself.