HOW PAYPAL WORKS...

Finweek English Edition - - Money Clinic -

YOU CAN SEND FUNDS to any­one with an email ad­dress, whether or not they have a PayPal ac­count. They’ll re­ceive a mes­sage from PayPal about the funds and then they just have to sign up for their own ac­count. Funds trans­ferred via PayPal re­side in a PayPal ac­count un­til the holder of the funds re­trieves them or spends them. If the user has en­tered and ver­i­fied his bank ac­count in­for­ma­tion, the funds can be trans­ferred di­rectly into his ac­count. Other ways to with­draw and send funds are also avail­able.

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