Why I use PayPal ?

To make sure that the financial details of my customers are not collected and stored on my sites, I do not process credit card payments, BUT am using the services of a third party credit card processor, 'PayPal' to process credit card payments on my behalf, using the safety of theirSSL (Secure Socket Layer), and 128 bit encryption.

PayPal is an e-commerce business allowing payments and money transfers to be made through the Internet.

It serves as an electronic alternative to traditional paper methods such as cheques and money orders.

PayPal performs payment processing for online vendors, auction sites, and other corporate users, for which it charges a fee.

On October 3, 2002, PayPal became a wholly owned subsidiary of eBay. Its corporate headquarters are in San Jose, California, United States at eBay's North First Street satellite office campus.

The company also has significant operations in Omaha, Nebraska in the US; Dublin, Ireland; and Berlin, Germany

PayPal, is an advantage to those who do not have a credit card. They could use the facilities of PayPal to make a payment by 'electronic cheque' from their normal savings/cheque bank account.