PayPal is an international cash-free e-commerce financial business. PayPal manages an electronic account for its members and this account can be funded with an electronic debit from a bank account or by a credit card. With this payments and money transfers are made through the Internet and it is unnecessary to give out personal account numbers to web shops. You will automatically receive a (free) PayPal account within an automatic registration process by the first time you settle your debt obligations. You must give your credit or debit card information to accomplish payments. PayPal can be used only with embossed credit cards. Your credit card information will be securely saved to your PayPal account, and you can use this information at other websites that allow and accept eBay and PayPal payments.

Frequently Asked Questions

Why Pay Pal?

PayPal is one of the world's most popular online purchase systems, and it has been recently available in Hungary either as customer or merchant. Our company uses the PayPal system as well for payments, because it is fast, secure, cheap money transfer possibility and nearly 82 million people use it worldwide.Easy, fast, safe, popular and cheap payment solution.

• easy, because you can easily pay with an embossed credit card, just like in a store which accepts credit cards;
• fast, because you can join in minutes (and only once) and you can send your payment in seconds;
• safe, because PayPal manages your credit card information (it won't get into unauthorized hands);
• popular, because it is possible to use PayPal at more than 100.000 locations in Hungary;
• cheap, because the host will pay the transaction cost after every online payment (just like in case of any other regular credit card payment), You will pay only for the product;
• popular, because it is the world's largest online payment solution, it has more than 150 million users all over the world.

For creating a PayPal account you don't have to visit any kinds of banks, but you'll need some kind of embossed credit card, emitted by your bank (VISA, MasterCard, American Express).

How does PayPal works?

You can imagine PayPal account as a regular bank account, only this account won't have the usual 3x8 account number as identifier, but the given e-mail address at registration (two PayPal accounts with the same e-mail address cannot occur).

You can manage money in 16 different foreign currencies; such as: HUF, Euro, United States dollar, Pond sterling, Swiss franc, Polish zloty, Japanese yen, Australian dollar, Canadian dollar, Czech koruna, Danish krone, Hong Kong dollar, New Zealand dollar, Norwegian krone, Singapore dollar and Swedish krona.

Since the balance of a new PayPal account is zero, when you pay the related embossed credit card will provide the offset.

Is PayPal safe?

This form of money transfer is safe, because PayPal - similarly to commercial banks - handles customer information with high standards of information security. This data is managed with highly classified systems (SSL, https) and hidden from the merchant. After the purchase the transaction will get into the account history for further check up.