[access-uk] Re: paypal?

  • From: "Derek Hornby" <derek.hornby_uk@xxxxxxxxxxxxxxx>
  • To: <access-uk@xxxxxxxxxxxxx>
  • Date: Sat, 13 Aug 2005 00:30:21 +0100

  Hi Billy

>hi guys, can someone please give me a rundown on a paypal account.
>How does the account work?
>do you must have credit cards?

PayPal is owned by Ebay and is a service for individuals or businesses which
allows for purchases over the Internet using funds deducted from a credit
card or bank account. Using the PayPal service, an account is first
established which is free of charge. This PayPal account is then "linked" to
either a credit card and/or a bank account. Once this "link" has been
verified
by PayPal, the user can then transfer money from the credit card or bank
account into their PayPal account. It is then possible for users to make
purchases over the Internet by simply paying for goods with their PayPal
balance. When a purchase is made, the specified amount is then transferred
from the buyer's PayPal account into the seller's PayPal account.

Regards,
Derek

e-mail: derek.hornby_uk@xxxxxxxxxxxxxxx


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