Who is PayPal for? What’s the difference between debit card payments and PayPal payments?

se_vnt3: Who is PayPal for? What’s the difference between debit card payments and PayPal payments?
What’s the difference between paying online through a checking account’s debit card and paying online through PayPal? What are the PayPal advantages over the internet paying methods existent before PayPal came along?

Answers and Views:

Answer by iamdzire
Paypal is for everyone sellers and buyers. Using the old fashioned method you’d have to give each individual merchant your financial information, with Paypal you give your info to one company and they technically make payment on your behalf. It can be incredibly convenient. Also if you’ve ever paid with a debit card and had a problem with the transaction you know it’s HELL to get your bank to do anything. For the most part you are on your own and it’s you against the company. At least when you pay through Paypal you have the benefit of their dispute process (which is quite effective) on your side.