Paypal in Philippines
What is Paypal?
PayPal is an e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic alternatives to traditional paper methods such as checks and money orders.
A PayPal account can be funded with an electronic debit from a bank account or by a credit card. The recipient of a PayPal transfer can either request a check from PayPal, establish their own PayPal deposit account or request a transfer to their bank account.
PayPal performs payment processing for online vendors, auction sites, and other commercial users, for which it charges a fee. It may also charge a fee for receiving money, proportional to the amount received. The fees depend on the currency used, the payment option used, the country of the sender, the country of the recipient, the amount sent and the recipient’s account type. In addition, eBay purchases made by credit card through PayPal may incur extra fees if the buyer and seller use different currencies.
Sign up for Paypal in Philippines!
You can withdraw an amount not exceeding $500 or P25,000.00 per month to any debit or credit card issued in Philippines or Philippine banks or directly into your Philippine bank accounts. You will just need the bank codes and savings account number.
Paypal Account
– Get your FREE account w/ Paypal NOW!
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