PayPal is an American-based global e-commerce business allowing payments and money transfers to be made through the Internet. paypal business fees Online money transfers serve as electronic alternatives to paying with traditional paper methods, such as checks and money orders.

PayPal is an online payment service that allows individuals and businesses to transfer funds electronically. Here are some of the things you might use PayPal for:
Send or receive payments for online auctions at eBay and other Web sites
Purchase or sell goods and services
Make or receive donations
Exchange cash with someone