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What is Paypal? Is it safe In the Philippines?

What is Paypal?

“PayPal is a service that enables you to buy, send money, and accept payments. Link your credit card or debit card with your PayPal account. You can pay by simply choosing PayPal at checkout, logging into your PayPal account, and confirming your payment. We complete the process for you. You can use your PayPal account to shop with millions of merchants and sellers around the globe wherever you see the PayPal logo.”

In Comparison

Paypal is like an “online” wallet that has been linked to your credit and debit cards.

With Paypal You Can:

  1. Move money from your bank accounts to your PayPal account.
  2. Buy Online Products and Services that accept Paypal as a payment option.
  3. Send/Received money from your own PayPal account to anyone that has a PayPal account.
  4. Payout for your earnings to from your various online jobs and other opportunities.
  5. Withdraw money from your PayPal account to your checking or savings account.
  6. Get Paypal Card to purchase in personal merchant transactions (Not yet in the Philippines)

You might want to read:
7 Advantages to Using PayPal to Buy Online

Paypal is safe to use in the Philippines

Is it Safe in the Phillipines?

Yes, it is, as long as you won’t abuse it. So far my uses for Paypal are my payout option for my online jobs before. Paypal is also my payment method for renewing my web hosting and domain names at Namecheap and Rank-Host. Also, I like to shop at Lazada and using Paypal. Below is the screenshot of my Lazada transaction using Paypal as the payment method.

Conclusion

Paypal is a very easy and safe to use in the Philippines. Paypal is also the most favorite payment option for online merchants and businesses.

You might want to read:
How To Prevent Your PayPal Account From Getting Blocked / Suspended: Tips That Work

what is paypal is it safe in the philippines

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