Through the system users can send invoices to clients, make payments for online services across a large number of websites or donate money. Whether you use Paypal for business or personal use it can be much safer than sending out your bank details to someone to transfer you money. Currently Paypal operates in 203 markets allowing customers to receive, send and hold funds in 26 currencies worldwide.Īlongside the website and mobile app you can contact Paypal via the Paypal helpline if you have any queries surrounding your account, payments on the account or about updating to a business account. In 2014 Paypal moved $228 billion across 26 currencies in more than 190 nations and they generated $7.9 billion of revenue which was 44% of Ebay’s total profits that year. ![]() Paypal is one of the world’s largest internet payment companies and from 2002 and July 2015 it was an owned subsidiary of Ebay until it was spun off as an independently traded company. Through Paypal you can send and request money and the online money transfers serve as an electronic alternative to traditional paper methods of money transfers such as cheques. Paypal is a worldwide payments system which allows you to attach particular cards and bank accounts to your account so you can make purchases with the click of a button rather than retyping in your card details over and over again. ![]() Calls cost 7p per minute plus your phone companies access charge.Īt the end of the fourth quarter in 2015 there were more than 179 million Paypal accounts active worldwide and chances are a large majority of us have used Paypal to make a purchase online. To speak with a member of the Paypal customer service team, call 08. Call Paypal for help with questions about your services.
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