We all know that Paypal is an online payment platform that has been up and running since the year 1999. As a matter of fact, it is a very quick and easy way millions of people around the globe use for payment online. But why do they always do so? There’s one simple reason: it’s simple. It requires just an email address and password that will get you through to checkout before you can reach for your purse. The official site for Paypal is www.paypal.com
The Paypal services makes people around the world to shop with peace of mind, knowing that Paypal protect their eligible purchases. However, if at any time an eligible item in an online shop doesn’t show up, or turns out to be different than described, it is the job of Paypal to help the buyer sort things out with the seller. Although there are certain conditions that apply to this service. You can decide to read more about PayPal Buyer Protection from here.
Make Payment online with your Mobile Phone using Paypal.
With Paypal services, people around the world can make payment in exchange for any goods and services without sharing their financial information with the seller of the goods or services. Doing this is very simple, faster and more secure than some other online payment system. You should also note here that you may be charged due to currency conversion rates.
Receive Payment online with Paypal
Paypal services is not limited to Buying or paying for services online only, account owners can also receive payment online too. The requirement is just a simple email address that is attached to a card. Paypal will verify the authensity of the account before it can e used to recieve money. Before you as a seller of a product or service can receive money with your Paypal account, the buyer of you product or service must confirm the delivery of the said product or how satisfactory of the service you rendered. Receiving money only may incur some charges. you can read their terms of use and policy for details.
Shop Across the Globe with Paypal Online
Do you know that there’s no need for you to book a flight ticket to go shopping anywhere from your current location? Except that you just want to go around for sight seeing. Why did I say this? It is because, with a simple PayPal account, you can shop and buy and pay for services at different stores, pay for school fees abroad, book a hotel abroad, buy a computer software, or anything that you can think of around the world in just a mouse clicks. Please be aware that you must be the card owner and you must also know your card details (You card can be a MasterCard, VISA card, Verve card, Gold Card, Platinum Card etc). The interesting thing about this service is that your information are never shared with the seller of the goods or services.
RECENT INFORMATION ABOUT EBAY AND PAYPAL ONLINE
Paypal and eBay has been running together as one company for a long time now but the information on https://www.paypal.co/uk shows that eBay and PayPal will be separate companies soon. On this regards, Paypal have updated the eBay and PayPal User Agreements and Privacy Policies, you can find this on their webpage. This recent information means that the eBay and Paypal won’t be part of the same group of companies anymore. according to them, they have assured their customers that they can be confident this doesn’t change their commitment to their customers. They also added that they’re more excited than ever to bring their customers a seamless and enjoyable experience to keep them.
This information does not mean that you cannot use Paypal to buy things from eBay. With this said, users can continue using PayPal on eBay just like they used to do; All purchases made on eBay are still very much protected through their buyer protection programs.
Paypal has promised that they will continue to share some customer information between eBay and PayPal to provide its users the same level of customer support and fraud detection. They siad that they have also updated their user agreements and privacy policies to describe how they will protect and share user’s information.
For example, eBay and PayPal will work together to:
- Detect potential fraud and protect user’s account
- Provide all users customer support
- Process payments, and offer shipping and related services
Frequently asked questions
These are the frequent questions by users of Paypal online payment as seen on their page
Question 1 – Why are PayPal and eBay becoming separate companies? Aren’t they already separate?
Currently, PayPal and eBay are members of the eBay Inc. corporate family of companies. Within this corporate structure, PayPal already was operating as a separate, stand-alone company. Separation will make it easier for both PayPal and eBay to grow their own businesses. Becoming independent in the second half of 2015 will provide each company with new market and partnership opportunities that would’ve been more difficult to pursue while part of the combined corporate family.
Question 2 – What does the separation of PayPal and eBay mean to users?
The company is committed to maintaining a quality relationship with their customers. So, they’ve made updates to their User Agreement to keep the same user experience in place. eBay will continue to work with PayPal for payments, refunds, past due balances, and holds. This is in line with how PayPal and eBay have worked together in the past.
Question 3 – Why are changes being made to the PayPal User Agreement and Privacy Policy?
It is important to know that Paypal updates their User Agreement and Privacy Policy regularly. This is to make sure they’re up to date with relationships with their customers, the nature of their business, their privacy practices, and even changes in applicable laws. With PayPal and eBay soon separating, some of the current updates to the PayPal User Agreement and Privacy Policy also reflect the changed relationship between the companies. Take for example, PayPal and eBay will no longer be part of the same group of companies, but would like to continue providing customers with the same great services and experiences they’ve come to expect.
Question 4 – When do the PayPal updates take effect?
There are some Changes to PayPal’s User Agreement and Privacy Policy which to effect on 2020. They’re providing customers with advance notice of these changes and encourage them to review the updated User Agreement and Privacy Policy before they take effect.
Question 5 – What are the changes PayPal is making to its User Agreement and Privacy Policy?
From the Paypal website, you will see that there are a number of updates are being unveiled daily. Some of these updates reflect the changing nature of PayPal’s relationship with eBay. Although they’ll no longer be part of the same group of companies, they would like to continue providing customers with the same great services and experiences they’ve come to expect. A good example is here; the Privacy Policy describes PayPal’s sharing of account information with eBay and other third parties for purposes of fraud prevention and risk management, customer service, shipping and legal compliance. As has always been the case, third parties will not be able to use this information for their marketing purposes without a customer’s express consent.
Question 6 – Why does PayPal share customer data with third parties?
Keep in mind that Paypal don’t rent or sell their customers’ information to third parties for their purposes. Just as it was stated in their online Privacy Policy, they share data with third-parties for purposes such as fraud prevention and risk management, customer service support, shipping, legal compliance, managing our business, and delivering our services. A cited example; just like most banks or financial/payment service providers, PayPal works with third-party service providers who provide important functions that allow them to be an easier, faster, and safer way to make payments. Paypal company need to share data with them from time to time so that services our customers have requested can be delivered. As has always been the case, third parties aren’t able to use this information for their marketing purposes without a customer’s express consent.
Question 7 – In what instances will your personal information be shared between PayPal and eBay?
Do not forget that the Privacy Policy update reflects, among other things, the changing nature of the relationship between PayPal and eBay. Both parties will be separate companies, but would like to continue to provide users with the experiences they have come to expect. For instance, PayPal will share account information with eBay and other third parties for purposes of fraud prevention and risk management, customer service, shipping and legal compliance. Generally, as has always been the case, third parties will not be able to use this information for their marketing purposes without a user’s express consent.