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PayPal is a safe and secure way to pay money. Its service allows people to pay using their preferred method including credit cards, bank accounts, buyer credit or account balances, without sharing financial any information.

PayPal allows its customers to open an account on its website; this account is connected to the user’s credit card or checking account. Once identification and proof of funds have been confirmed, the customer may begin to send or receive payments to and from other PayPal accounts.

One of the main objectives of PayPal is to make online purchases safer for all parties involved by providing a payment platform that does not require the sender or receiver of cash to disclose credit card or bank account numbers.

PayPal may not be a bank; however, it is still subject to consumer protection regulations that govern banks. Notifying PayPal immediately when you have concerns will limit your liability, it is also highly recommended that PayPal users check their accounts regularly.

I’m a freelance worker, how can Paypal help me?

Freelancing comes with many challenges, and one big issue is with receiving payment for jobs done. With a PayPal account, it is easier to connect with more potential clients worldwide because it is a globally accepted platform. PayPal is accepted and relied on by many top freelance marketplaces, including Upwork, Freelancer, Fiverr, 99designs, etc.


  • It’s easy to use.
  • Since a lot of people use PayPal, your clients may already have PayPal accounts.
  • You don’t need a merchant account.
  • Your clients don’t necessarily need a PayPal account to pay you.
  • You can create and send invoices using your PayPal account.
  • You can set up recurring payments.
  • You can also link your PayPal account with several shopping cart systems.


  • There are hefty fees for chargebacks.
  • You are limited in terms of use and are subject to account suspension at any time, which means your account can get suspended for months.
  • It may take four business days for deducted funds to clear in your bank account.

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