| Simply put, PayPal lets anyone with an email address send money to anyone else with an email address.
Each user signs up with PayPal and then enters their necessary banking and credit card information. Once registration is completed, your email address is all you need to send and receive money.
PayPal is owned by eBay and to use PayPal, you must first register and create an account on PayPal. This is a widely used resource on the Internet to transfer money. If you are concerned about this, search for PayPal on www.google.com and read about this company.
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