Many people ask me what Paypal is when they view items in my on-line shops and I have added my explanation to my Squidoo information lenses, but I haven't yet explored it here. So, just in case you are wondering... here is a copy of my explanation with some added extra.

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I have always found Paypal easy to use as both a seller and a customer of on-line stores. As a payment system it's popularity is growing day by day and is widely used on both larger forums, such as Boots, eBay, Etsy and DaWanda to smaller business websites. I would recommend Paypal as a quick and reliable banking system.

Paypal describe their service as (direct quote)

'Founded in 1998, PayPal enables any business or consumer with an email address to securely, conveniently and cost-effectively send and receive payments online. Our network builds on the existing financial infrastructure of bank accounts and credit cards to create a global, real-time payment solution.

PayPal has quickly become the leading payment network for online auction websites, including eBay. With over 100 million account members worldwide PayPal is also being increasingly used at other e-commerce sites. Users can send payments for free via their PCs or web-enabled mobile phones.'