PayPal

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Definition of 'PayPal'

PayPal is an online payment system that allows users to send and receive money electronically. It is a popular way to pay for goods and services online, and it can also be used to transfer money between friends and family.

PayPal is a safe and secure way to make payments online. It uses a variety of security measures to protect your information, including encryption and fraud detection.

To use PayPal, you need to create a PayPal account. You can do this by visiting the PayPal website and entering your personal information. Once you have created an account, you can link it to your bank account or credit card.

To send money using PayPal, you simply need to enter the recipient's email address and the amount of money you want to send. You can also add a note to the payment. The recipient will receive an email notification with a link to accept the payment. Once they have accepted the payment, the money will be transferred to their PayPal account.

PayPal is a convenient and easy-to-use way to make payments online. It is a safe and secure way to send and receive money, and it can be used to transfer money between friends and family.

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