What is PayPal?
PayPal is a method of paying for merchandise or services that was developed especially for Internet commerce.
The purchaser has to be registered with PayPal. Once registered, he/she only needs his/her e-mail address, PayPal password, and a normal bank account to pay via PayPal on the Internet. No fees accrue to the purchaser.
In the EU, the trademark "PayPal" and the PayPal logo are the property of PayPal Luxemburg.