- Joined
- Dec 27, 2008
If you do much purchasing online, it is helpful to establish a PayPal account. Many online merchants work with PayPal. It is a trusted third party payer and puts a buffer between the merchant and your bank account/credit card account for protection. In other words, the various online merchants you may deal with never see your credit card/bank account numbers. PayPal securely stores that info and the merchant is paid by PayPal and then PayPal deducts the money from your account. This also can speed up online transactions so that you get the stuff you ordered faster because the merchant doesn't have to verify your credit card.