What is PayPal?
PayPal is a digital payment service that allows individuals and businesses to conduct financial transactions online. It is used by a large number of people for various purposes, including making purchases, sending money to others, and receiving payments. This service provides a way to manage money digitally without directly sharing bank details. People use PayPal to complete online checkouts when shopping, ensuring their financial information remains private. They can also send money to friends and family, or receive payments from others, often across different countries. The service includes features like buyer protection for eligible purchases, adding a layer of security for shoppers.