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What exactly is Paypal and how does it work Are there similar methods?

Updated: 8/17/2019
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Whiteflagship

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11y ago

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PayPal is a 'third party payment method'. Put simply - they act as a 'middle man' between sellers and buyers - to protect people's identities. When you buy something online using Paypal - they pay the seller on your behalf, and then deduct the money from your registered bank account.

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Q: What exactly is Paypal and how does it work Are there similar methods?
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