Paypal has had many reviews over the recent past. With the increased number of people making money online, one may want to have an account with an online system for sending or receiving money. However, before opening an account with any online payment or money transfer system, you may want to know how beneficial the system is. Perhaps, you are wondering why you should have a paypal account. Below are seven major reasons why you should open an account with paypal.
1. Opening a paypal account is free and it lets you shop from a many shops online. It is a quick and efficient way of making payment online regardless of where you are. Thus, it lets you access important services without incurring any cost.
2. Paypal account enables you to minimize loss risk. Sometimes, credit cards can be detrimental. In case of successful uprooting. Thus, credit cards may not be secure. However, with a paypal account, your money will always be safe as long as your account details are safe.
3. Paypal gives you freedom. It requires any credit card for verification. The credit card that you have does not matter. Whether visa, American express or MasterCard, you can use it to verify your paypal account. Even people without a credit card can verify their paypal account with virtual credit cards.
4. Sending money with paypal is free. This is one of the services that give you the most benefits for free. You receive money as payment or from friends and send it while making payments without incurring any cost. You can be paid for what you sell through your website, eBay or other online forums and online classifieds. You can also donate to a charity without spending extra money.
5. Paypal is currently integrated with over 180 countries. It can also be used with 17 currencies. This implies that you can send money to people with bank accounts in these countries. As long as there is internet connectivity, people with paypal accounts in 190 countries can send and receive money online. They can also pay for their shopping online. Even making money through online jobs is possible since individuals in these countries can receive their money through this online payment system.
6. With a paypal account, you can withdraw money any time of the day. You do not have to limit yourself when withdrawing money. You can do it any time of the day regardless of where you are. You can just stop and withdraw money from your paypal account and then to your local bank.
7. You are also assured of security of your money. Paypal always pay greater attention to ensuring security of its customers. Being an international money transfer system, there must be many fraudsters who may target this system. As such, paypal has countered this by using latest and the best anti-fraud technology. Thus, you are assured of 100 percent protection against fraudsters and unauthorized payments done from your paypal account.
In a nutshell, paypal is a safe, fast and efficient online system that allows you to send or receive money without disclosing your financial details.
Chris G. is a writer for Ukritic.com. If you want to learn more about Ukritic Reviews, and how you can make money, take a look at this site.