PayPal is an online service that allows just about anyone to send or receive money online.
To receive money online, you’ll need to implement some sort of merchant account online for your site. I highly recommend you check out PayPal — it’s the easiest way to do business online and the cost per transaction is minimal. To set up a Pay Pal account is free.
The advantages of using PayPal as a payment method are:
Your order will ship much faster and you can use Paypal Fee Calculator for any fees query. (Generally, within 24 hours.)
You don’t need to write a check, or get a money order, and mail it in.
Your order is placed through a SECURE SERVER and is processed by a 3rd party, so even I don’t see your credit card number.
The disadvantages of using PayPal as a payment method are:
It generally takes up to a week to have your account verified by PayPal, meaning during that time you cannot send or receive any money.
If you are an International user, there might be a few problems. It was first introduced for US residents only, and has added additional countries recently. But they have yet to work out all the bugs in their systems.
PaypalStore™ suggests that if you currently have a PayPal account then you will have no problems whatsoever using your account at The PaypalStore™.
To new PayPal users I suggest that you first sign up for an account, and then place an order when your account is verified. You can always use a personal check online, or send a check or money order via the post office for any order you wish to place.