Download Paypal – Web, iOS, Android

PayPal is an online payment service.

Overview of PayPal

PayPal is an online payment service that was founded in the United States in 1998 by several entrepreneurs. Then known as Confinity, the project was led by Peter Thiel, Max Levchin and Luke Nosek while others were joined over time. In 1999, the company unveiled a product that allowed money to be transferred online via an email address, this famous product was called PayPal.

In 2000, the company Confinity and the other online payment company called X.com, created by Elon Musk, merged to take the name PayPal. The same year, the service experienced exponential growth which allowed it to exceed the milestone of one million users and then to achieve its IPO two years later.

Ultimately, PayPal was purchased by eBay in 2003 in an auction, the transaction amount being $1.5 billion. Since then, the online payment service has continued to gain functionality in order to offer even more options to users around the world.

In 2015, PayPal had more than 400 million active users worldwide.

How to use the payment service?

Downloading PayPal is easy, the first thing you need to do is create an account with your personal information. Subsequently, you can send money or request money, two options that appear directly on the home menu.

Then, the best thing is to add a payment method on PayPal, it can be a bank account or a bank card, for example. Please note that the service supports other payment methods, including bank transfers and e-wallets.

When you want to send money to a contact with PayPal, simply add the pseudonym or telephone number of the person in question, you do not need to have their RIB. At the same time, all you have to do is validate the amount and the transaction for it to be validated.

PayPal also gives you the possibility of making online payments on many websites that integrate this option, this applies to eBay, Etsy and Shopify.

You are free to enjoy PayPal on a smartphone or tablet, because the platform takes the form of a mobile application compatible with iOS and Android. In addition, there is also an online service available from any internet browser.

Downloading PayPal is free, there is no need to pay or take out a subscription to the online payment service to access the different features of the platform. The paid offer put forward by the company is intended for professionals, in which case you can choose one of the subscriptions within the range according to the size and needs of your structure.

Alternatives to PayPal

PayPal is an extremely popular online payment service, it has the merit of being available in many countries around the world, so much so that it is often offered as an option on ecommerce sites. This is extremely simple to use, whether to make a payment, but also to manage your finances or make transfers to friends, because there is no need to have their RIB. In fact, it is clearly number 1 in its category, where you can still choose alternatives.

If you don't want to download PayPal, you can choose Lydia. This mobile payment method also takes the form of a mobile application compatible with smartphones and tablets running Android and iOS. On the other hand, the service relies on a free offer which includes the majority of options while you can also take a paid version in the range.

Compared to PayPal, Lydia presents itself as an effective solution for making bank transfers between friends. Once again, you do not need to have the person's RIB since all you need is their telephone number to transfer money. The system is very simple to use, you can easily connect your bank account. If you wish, the paid offers give you the option of having a current account and a bank card like a neobank.

On the other hand, it is also possible to use Paylib rather than PayPal. Moreover, it is an equivalent payment service which is positioned as a French alternative, it has more than twenty partner banks. You can use the mobile application from a device compatible with Android and iOS, knowing that the platform is free.

Like PayPal, Paylib gives you the possibility of making payments between friends, the procedure being also very simple. Otherwise, you can also make in-store payments depending on your bank, this option should continue to develop over the years so that more and more establishments are supported.

PayPal in summary

  • A world-famous payment service
  • Ease of use for paying or sending money to friends
  • Effective security

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