What is PayPal Account?

Hi Dear I request you to go through two of my discussions which I have started for my Indian friends to understand more about paypal : This is the current one: http://www.mylot.com/w/discussions/1398624.aspx This is the older one (When I used to withdraw my money through xoom -- but it's still worth reading -- because -- it will clear many of your doubts about paypal)-- http://www.mylot.com/w/discussions/993013.aspx Please make sure you go through each and every post -- and if you still have some doubts please feel free to contact me -- I will try my best to help you.

It is like a payment processor money exchange. You can give and receive money... They have accounts for personal reasons and businesses purposes... When you are ready to withdraw your earnings, you have to put in a request for it..

PayPal is a website to send and receive money from. Signing up for an account is free.