What is Paypal accounts and Explain How it works? Paypal in Pakistan 2019
What is PayPal?
Paypal Inc is an online payment system
that is used to transfer online payment with different methods of checks
and money orders. PayPal is established in December 1998 that developed
the software. The headquarter of PayPal in California US. Paypal
payment is system is fast and secure you can easily send payment from
one place to another place easily. It operates all types of buying and
selling sites, it charges when you can exchange the payments. It is used
as a one-click transaction with fast exchanging payments. You can send
and receive payment in 25 currencies from all over the world. Paypal
more than 286 million users with 202 markets that PayPal operates. It
uses two types of accounts business account and Individuals account.
It allows the user currency conversion option. It works on all types of e-commerce websites for buying and selling products. It allows the user peer-to-peer transaction. Paypal is available in Google play store and Apple Store for buying the app store applications. Paypal application works on all types of the smartphone (iOS, Android) user can access their account, application use two-way authentications.
It allows the user currency conversion option. It works on all types of e-commerce websites for buying and selling products. It allows the user peer-to-peer transaction. Paypal is available in Google play store and Apple Store for buying the app store applications. Paypal application works on all types of the smartphone (iOS, Android) user can access their account, application use two-way authentications.
How Paypal works?
Sending money on PayPal are the following:
- First, you can log in to your PayPal account.
- Open Homepage of PayPal account selects the Send money option.
- Enter the email address of the recipient (recipient must register on Paypal).
- Write the transaction payment.
- When these steps are complete and select the send option.
Paypal In Pakistan:
The Secretary of Ministry of Science and
Technology, Nasim Nawaz said, “The policy related to PayPal is at the
advanced stage and important development is expected in the next two
weeks”. The Ministry of Science and Technology also said that no
regulation on the company and we protect the company’s interests.
In the past, PayPal not works on Pakistan. The government works on e-payment and digital payment systems for fast transaction.
Advantages Of Paypal:
- Easy to use.
- Friendly Interface.
- Fast and Secure.
- Personal And Business Accounts
- Use Encryption.
- Fraud Protection.
- Two-Way Authentication and fingerprint, or face-recognition.
- 24/7 support.
- Support Debit/Credit card.
- Paypal Credit Card.
- Send and Receive money to friends and family free.
- Send and Receive money all over the World.
- Easily set up with Bank.
- Use in
- Use in all Smartphones.
- The cost is less.
- Support 25 currencies.
- Million of website support.