You’re about to make an online purchase. At the shopping cart, a payment choice comes up. Do you want to use PayPal or a credit card to pay for the purchase? They both seem like good options. What are the differences? And is one more secure than the other?
The Basics of PayPal
PayPal is an online payment system that allows consumers to make financial transactions without paying directly from a bank account or credit card. It is a financial go-between.Most PayPal users link a credit card or bank account to their PayPal accounts. When you pay with PayPal, you select how you wish to fund your payment. PayPal then pays the retailer by transferring funds from your bank account, credit card, or PayPal balance.