answersLogoWhite

0

The transactors have to pay very small almost a hidden fee. This money piles up and the more transactions by the more people, the more money the company makes. Every moment hundred of people send money via PayPal, thus Paypal is a very rich company.

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

What is online bill payment?

Simply put, using the bill companies website, you pay your bill via your computer by giving them your bank account numbers.


Is ebill.onlineebillcenter.com a legitimate website for online bill payment?

No, ebill.onlineebillcenter.com is not a legitimate website for online bill payment.


Is ebill.onlineebillcenter.com a legitimate website for online bill payment services?

No, ebill.onlineebillcenter.com is not a legitimate website for online bill payment services.


How can I pay my credit card bill online?

To pay your credit card bill online, log in to your credit card account on the issuer's website, navigate to the payment section, enter your payment information, and submit the payment.


What companies offer online electric bill pay options?

Many utility companies and financial institutions offer online electric bill pay options, such as your local electric company, major banks like Bank of America and Wells Fargo, or third-party payment platforms like PayPal or Venmo. Check with your specific electric provider or financial institution to see what options they offer for paying bills online.


Which accounts using for electricity bill payament?

You can use a checking account, savings account, credit card, or a mobile payment app like Venmo or PayPal to pay your electricity bill. Many utility companies also offer online portals where you can link your preferred payment method for easy bill payments.


What is electricity bill online payment most useful for?

Electricity bill online payment is useful in paying your monthly utility bill online. It saves paper, stamps, and gets your bill paid in a more timely manner than waiting on it to go through the mail service.


Does citifinancial have online bill payment option for personal loan?

No


Online Payment for your Electricity Bill?

Most companies now offer online payment for your electricity bill. Not only large utility companies, but smaller independent ones as well. There are several reasons that this option could be considered better than the alternatives. Many companies now charge for you to pay over the phone. If you send in a check, you are relying on the post office to get the check to the utility company, and have no way of knowing that it made it. If you pay in person, you can be sure the payment is processed, but it is less convenient than the other options. The internet combines the best of the other options.


What is the best way for online utility bill payment service in India?

Here are many online utility bill payment alternatives available. for an example like HSBC, Xpress Bill Pay, IndusNet, Tampa, Suvidha, Paytm, Bill Desk etc.


What are some of the advantages of free online bill payment services?

Free online bill payment services are generally offered by banks and credit card companies and allow the user to manage their money seamlessly. It also enables them to use one account to pay all their bills and have the records in one place, rather than having to go to different places or sites.


Saving by Paying an Electricity Bill Online?

Many electric companies are now offering their customers options that allow them to pay their electricity bills online. Customers who choose to pay their electricity bills online can avoid paying for snail mail postage and avoid incurring late fees on tardy payments. Payment options vary for different electric companies, but many offer the option of making one-time payments online or scheduling regular payments through direct withdrawals from the consumers bank account and other electronic bill payment services. Consumers who take advantage of online bill payment options save postage from mailing their bill. Consumers who forget payments avoid accruing late fees by scheduling regular payments in advance.