How does PayPal work?
The way PayPal works is quite simple to tell the truth, since the process to open an account takes approximately two to three minutes.
This is completely free and you can do it from anywhere or anywhere you are. Its interface is quite practical, when you enter its web portal you will notice that the company gives you the option to open a personal or business account.
How to create a PayPal account?
When you choose a personal account, what follows is to fill out a kind of form with your information, enter a username and password, and then proceed to certify it through an email that you receive.
Once finished you will find your PayPal account profile. The next step that the platform asks you for is to validate the account, in order to make purchase payments or receive sales payments.
You do this by registering a credit card or more than one, once you achieve this, you will be able to use your account for everything you need. As long as the site where you are going to make the purchase accepts PayPal.
How PayPal works to send money
It cannot be left out, that like any business its benefit must be seen, in the case of how PayPal works to send money, we are talking about that for each shipping transaction that is made, the platform will charge a commission that can be between 1, 9% or 3.4%.
The steps that must be taken to execute a shipment through the platform, is to place yourself in the panel of your profile and click on where it says Send and Request. There will appear the section where you are going to place the recipient's affiliate email, and then you click Next.
The amount to be transferred is placed, followed by a brief description of the reason for the payment, and we give you to continue. A confirmation window will appear and we click Send Payment now and that's it.
How PayPal works to receive payments
In this case, in order to receive a payment, the only thing the other party will need is the email registered on the platform. This is more than enough for the transfer process to be completed.
As a security measure, the company sends you an email to notify you of said payment, if the digital wallet is fine and complies with all the configurations that are merited, the money can be free of any unforeseen retention.