In the 21st century, it is becoming one of the most promising methods of settlement between the seller and the buyer. This is evidenced by the fact that in Russia alone in 2013 the volume of the electronic money market exceeded 2 trillion rubles. If you compare this figure with 2012, you can see that the e-commerce market has grown by 23%. It is easy to understand from these figures that electronic payment systems are gaining more and more popularity every year.
Consider one of the most widely used e-commerce systems around the world - PayPal.
The birth of the system
The history of PayPal dates back to March 2000, when it was invented (through a merger) by several students, one of whom was an emigrant from the Soviet Union (Max Levchin).
Immediately after its creation, the company began to serve electronic auctions, in particular, the world famous eBay (in one month of its existence, more than one million eBay auctions offered payment by the PayPal payment system).
In 2002, the giant eBay corporation acquired PayPal, and since then, 50% of purchases at the auction have been made through the latter.
For 2012, 190 countries could settle or trade using PayPal, the system has 24 currencies from all over the world. The beginning of 2015 saw the split between eBay and PayPal, and now they are two different corporations.
registration
So, PayPal. What it is and why it exists, we figured it out. To get started with PayPal, you need to go through the registration process. To start registration in the PayPal system, you need to go to the official website (it is the same for all countries, but for convenience you can select the desired language on it), click on the "Register" button and in the next window select the "Personal account" tab, then click on the button "Continue".
After that, the browser is redirected to a page where you should specify the country of residence, e-mail, set a password for entering the system (it must consist of at least 8 characters, and it is better to enter both letters and numbers).
The next stage of registration is to fill in personal information (name, surname, date of birth, nationality, city, street, postal code, and phone number). All data must be entered correctly in order to avoid further problems, since the account (or PayPal wallet) will be opened exactly according to the specified data, which is then very difficult to change.
account activation
If all the fields are filled in correctly, you need to put a checkbox in the "User Agreement" column, and then click on the "Agree, create an account" button. Then you should check your mail and activate your account by clicking on the link in the letter.
Adding a bank card
Let's see how to top up PayPal. There is one more important question. It goes like this: "How about PayPal?" You must first link your bank card to the system. This is done in the user menu. You need to follow the link "Connect and confirm my debit or credit card" (top right on the site). After that, you will need to enter all valid card details, namely: last name, first name, type of card (Visa, Master Card, etc.), number, expiration date and the so-called security code (3 digits that are on the back of the card ), then click on the "Continue" button.
For the card linking process to be successful and to be able to find out how to pay with PayPal, the card must have an amount equivalent to $ 1.95. The system will automatically withdraw this amount of money to verify that the card really belongs to the owner. This money will not be lost, but will be returned to your account in exactly one day.
Withdrawal limits
For security purposes, PayPal sets certain limits on the withdrawal of funds.
The minimum limit for CIS citizens is $ 50 or the equivalent in another world currency. The maximum withdrawal of funds per day (for residents of the Russian Federation) at the moment is 15,000 rubles, no more than 40,000 rubles can be withdrawn per month. in Russia, the user reviews of which inspire confidence, charges a minimum commission on withdrawals. This is a very advantageous moment.
How can I learn more about limits and how to top up PayPal? You need to go to the "My Account" tab in your account.
How to transfer money to PayPal
To transfer money in the system (for example, to another account), just go to the menu and click on the "Sending money" tab. In the window that appears, you will need to enter the data to whom the money will be sent (the recipient's PayPal wallet), the amount and currency. The default is USD, but you can always choose an equivalent in another currency, if necessary.
If there is a question about transferring to your card, which is tied to the system, then it is still easier, since the system provides for the transfer of PayPal money to your personal account. This is good news for users. PayPal - what is it? As you can see, this is a very convenient payment tool.
To transfer funds in the menu, you need to select "My wallet" and mark the item "Transfer to a bank card", indicate which card should be credited to (since in the system you can register not one, but several cards at once), enter the amount and press " Translate". In this case, payment occurs almost instantly, and if everything is in order with the bank (there are no problems with the network, for example), then you can cash out from the card in 2 minutes.
Account types
And we figured out how to use it. Now is the time to tell what accounts there are in the system.
Globally, PayPal accounts can be divided into 4 types (types):
- personal;
- premium;
- student;
- business.
The most common type of account is personal (or personal). They can freely transfer PayPal money and accept currency. At the same time, contacts with various kinds of payers are envisaged. In order for the money to be delivered to the address, you just need to have a PayPal wallet and an email address. This is all there is to it. The user cannot send or receive money from any type of card, only transfers within the system are allowed.
Specialized features have been added to premium accounts that are not available to other users. If you are interested in the question of how to transfer money to PayPal from a card, then this type of personal account will help you answer it. It is in the premium account that you can freely withdraw money to the cards of other participants or accept funds on your card through the system.
The student account is an innovation in the electronic payment system. With its help, you can easily answer the question of how to transfer money to a child's PayPal account if he is studying or living abroad. A person must be at least 13 years old in order to open an account without any problems. One of the parents has the right to have up to 4 such accounts. In this case, the real account is not opened, but a system of replenishing the student account from the parent takes place.
The business cabinet allows the user to make the most of the service. You can accept payments as a business, there is no limit on currency turnover per day, and, most importantly, you can accept money to an account from any other bank or from an electronic wallet (not PayPal). Unfortunately, there is no such possibility in the types of accounts discussed above.
User verification
To begin with, let's define the phrase "PayPal user verification", what it is, we will also consider. Let's explain the word "verification" in simple words. It means confirmation (in literal translation), and in our case - confirmation of the truthfulness of the filled in information about the user who is registered in the system. That is, the system requires certain actions on the part of the user in order to make sure that the information that he has provided is 100% true (for example, you can register as Vasya Pupkin, but in fact it will not be).
Until the user is verified, payments can be made, but with certain restrictions. To remove the latter, you need to send in electronic form or by mail a scanned copy of the passport (with registration) and confirm the mobile phone number. This data is confidential, you can be sure that it will not fall into the wrong hands through PayPal.
Verification benefits:
- sending and receiving any amount of money at any time of the day;
- trust in a verified user is many times greater than in an unverified user;
- lightning-fast sending of payments from a bank account without delays and other minor troubles;
- availability of exclusive services (among them - the protection of the seller)
Why PayPal?
Among all kinds of electronic on the Internet, PayPal takes the 1st place. And this is no accident. For what is PayPal if not the safest place to store your personal savings? Advanced technology and detects fraud of any kind. Getting to your personal funds is almost impossible, even if the robber is an experienced hacker. The account is tied to a physical key generated by the system. This key can be stored not on the network, but, say, on a USB flash drive. Without access to the key, no one will ever be able to steal any amount of money from the account.
A little about the commission
How to transfer money to PayPal and not spend on commission? In fact, nothing. The system charges a commission, but only on completed transactions. You do not have to pay for opening an account and its maintenance.
To withdraw funds to a check (real, which can be cashed in any bank), you need to give the system $ 1.50.
The commission depends on the country in which (or to which) the transfer will be made, on how the money is transferred by PayPal (bank or wire transfer), as well as on the currency of the transfer.
For example: if you withdraw money from your personal account to your account in the USA, you do not need to pay anything, while in Bulgaria you will need to pay $ 2.5 for such a transfer.
The system also provides for a return commission. If for any reason you need to return the funds back (how to transfer money to PayPal, described above), then a certain amount will also be deducted for this.
As for the commission within the system, it also exists, and depends on the country and on other factors. In the system itself, it will be necessary to divide 0.5-2% of the total amount of the transaction or transfer. Again, it is impossible to name a specific figure, since everything depends on many factors.
Conclusion
From the above, it became clear what PayPal is and how to use it. In any case, the choice will always be yours. The system has established itself and proved its right to exist by the fact that it is trusted by millions of people around the world - it has existed for more than 15 years. If the question is in transfers within the Russian Federation, then you can find an alternative, but if the receipts are from different countries, then, of course, you should choose PayPal.
Using e-currency is sometimes much more convenient than paying in cash or through a bank card. There are several major payment systems that are successfully used to make money transfers around the world. PayPal is considered the largest e-currency exchange platform, although for Russia this payment instrument is not fully available.
How PayPal came to be
What is a Paypal account and how did it come about? The world's largest payment instrument appeared in 1998. The site was used to pay for purchases, so various online stores and individuals were actively creating accounts there. PayPal's strongest connection was with the famous eBay auction, so in 2002 this corporation bought the payment system. However, around 2014, eBay completely separated from the payment system, so today Paypal is an independent platform for making money transfers.
The system has more than 179 million registered users, but it is not omnipotent, so there are still some well-known online stores that do not work through PayPal. These include AliExpress and Amazon where you can use WebMoney and many other types of transfers.
How long has PayPal been working in Russia
The online money transfer system was closed for Russian users for a long time. Only in 2011, the corporation began to expand the boundaries of its coverage, so it became possible to register and take active steps for the CIS countries, including Russia. And only by 2013 did it become possible to make ruble transfers. However, ruble transactions are used mainly for transfers, since payment for goods in stores is made in foreign currency, which is converted at the internal rate of the payment instrument.
Sellers from Russia may have minor difficulties when working with electronic money. Withdrawals were previously carried out only through US banks, but the situation is gradually changing, which leads to the regulation of the ratio of corporate accounts from Russia. Any actions with electronic currency can be performed only after registration in the system.
Benefits of paying with PayPal
PayPal has received endorsements from numerous users. This is due to the following factors that distinguish the payment instrument favorably from other methods of working with electronic money:
- A large number of users around the world. Stores that accept payment in this way are located not only in the United States, but also in other countries around the world. The same applies to buyers. The huge base of participants indicates that many clients have appreciated its merits.
- Payment protection... This mainly concerns the payment of purchases. After making a purchase, the transferred funds are frozen in the system for 45 days, during which the seller cannot receive them. This ensures a refund in the event that the buyer has not received the goods. This approach almost completely removes the risk of being caught by scammers.
- Fast transfer of funds. The freezing of funds applies only to payment for goods in the online store. The payment instrument itself is also designed to make transfers between individuals, in which case the money is received instantly.
- User fees. Paypal meets the requirements of the participants in the turnover of funds, therefore, in many cases, the commission for the transfer is not charged. Usually, the commission is charged only from the receiving party, however, there are exceptions here, since transfers to relatives and friends can be made free of charge.
Using Paypal is quite simple, but there are some pitfalls that you should be aware of.
registration
Registration with PayPal takes place on the corporation's website. Also, the opportunity to register appears when you try to pay for goods through this system in an online store that cooperates with the system. For initial registration, only email is required. However, the system then prompts you to enter your personal data. Confirmation of personal data makes it easier to work with electronic money.
When registering on the Paypal website, you first need to select the type of account: for business or personal use. Later in the profile settings it will be possible to change the type of account, so the choice is not fundamental. Registration in both cases is free. Further, the registration of an individual will be considered.
After choosing the type of account, the visitor needs to fill in several required fields, including a field with an email and password. The system provides for various restrictions, which will be discussed below, therefore, at the stage of specifying an email address, you need to know a few nuances:
- you can specify mail on any mail server;
- mail on paid servers with a domain . com is quoted higher, so the user is not set such a low limit on money transfers without data confirmation.
After the e-mail is indicated, the visitor will be prompted to fill out a form with personal data. The form is filled out in Russian. It indicates citizenship, full name, date of birth, address, telephone number, as well as the series and number of the passport. All fields are mandatory. Passport data will be required in the future to bind a bank card.
The phone number is required to protect the user from account hacking, since the login completely matches the email address. In addition, if the password from the system is lost, access can be restored using a mobile phone linked to the profile.
After filling in the data in the profile, an email will be sent to confirm the registration. To do this, you just need to follow the link and log into your registered account using your username and password.
Linking to a bank card
The system will prompt you to enter the card data immediately after filling in the main fields. You will need to register the card number, expiration date and 3 digits CVV2 / CVC2. You can only link a personal card that is issued to the same person as the account. It is not necessary to link the card immediately upon registration. The visitor has the opportunity to get acquainted with the work of the site from the inside, and then make the necessary manipulations to link the map.
To confirm the binding of the card, the system will withdraw $ 1-2 from the account, which, in the case of Russian citizens, will be transferred to the PayPal account. However, the final confirmation of the card binding is made only after entering the transaction code. For the majority of bank card users, these data are sent to their mobile phone or displayed in their personal account on the bank's website. Several cards can be attached to one account.
How to use Paypal in Russia: restrictions and pitfalls
After registering, the user can immediately take action with their PayPal account, however, this sets a limit on the amount for daily transactions, as well as a monthly limit. Every day a citizen of Russia can receive or transfer an amount not exceeding 60 thousand rubles. The amount for all transactions per month is limited to 200 thousand rubles. Such a limit seriously limits the work with the system. However, this situation can be corrected after confirming the data.
There is a tab on the profile page "Check limits"... It contains the exact amount set for the user at the moment, and also suggests ways to solve the problem. To do this, you can send a scan of your passport. Other electronic payment systems have similar requirements.
Most of the transactions through Paypal are payments for purchases in online stores. Although the buyer does not pay the commission, there may be additional costs on his part. Initially, an account with PayPal is opened in national currency, only after a certain time the user can add other types of currencies. The purchase of goods in foreign stores is paid in the currency of the receiving party, so rubles will be converted into dollars or another currency. The conversion is carried out in accordance with the internal exchange rate of the system, which usually leads to an increase in the withdrawal of funds for payment. In addition, the conversion is carried out on a paid basis. The commission for this service is 4%, which is paid by either the seller or the buyer.
It is better to convert funds directly to a bank account. And when using foreign currency bank cards, you must turn off their conversion, otherwise the money will first be transferred by the bank to rubles, and then by the Paypal system into the desired currency.
A commission of 4-5% is charged when making transfers to friends and relatives in Russia and abroad. However, the percentage is charged only when using a bank card for transfer, therefore, to reduce costs, it is necessary to transfer funds using a bank account, which is additionally linked to the account.
Paypal: what it is and how to use it
PayPal is a convenient way to transfer funds that protects the buyer when paying for goods in online stores. You can find out the list of stores that cooperate with this payment tool directly on the Paypal website. Some stores provide additional discounts when paying with this e-currency.
It is very easy to checkout with PayPal. In a store that supports this payment method, the usual actions for a purchase are performed: the product you like is added to the cart and the order is placed. In the payment method, you must specify PayPal (it will be in the list, so you just need to click the appropriate button). Next, the buyer will open a window to log into the Paypal account.
After specifying the login and password, the system will redirect the user to the payment page, where it will be necessary to specify the payment details. It can be a linked card, but this is not a requirement. You can specify other details and confirm the payment.
In addition to paying for purchases, the user can make money transfers within the system. To do this, you only need to know the person's e-mail. It is not necessary to have an account with the receiving party at the time the funds are sent. He will receive a notification of the transfer by e-mail, after which he will be able to register under it and receive money.
Withdraw funds
We figured out what PayPal is and how to use it; to withdraw funds, you will need to link a bank account, since this is the only system that works. The linking of the bank account is completed within (approximately) a week. During this time, 2 small amounts are credited to the account from the PayPal account. The exact amount of the transfer is a confirmation of the use of this account. After binding, it will be possible to withdraw the required amount for about 3-5 days.
For citizens who want to speed up the process of withdrawing money, it is recommended to use the services of exchange offices. At the same time, funds are exchanged from Paypal to WebMoney, Qiwi and Yandex.Money, from where money can be withdrawn using your own methods. Although this method will significantly save withdrawal time, it is very expensive. Exchange offices take a commission for their services, which is up to 12% of the transferred amount. In addition, payment systems to which money will be transferred may have their own commission for withdrawing money.
Since its inception, money has come a long way. At first there were natural goods, then they were gradually replaced by silver and gold, which later evolved into bars and coins. They were replaced by paper money, backed up after checks, then non-cash payments appeared. We live in a world that is constantly changing, apparently, a new milestone has come in the development of money - now dominance is gradually shifting to electronic money. Recently, a lot of systems dealing with this type of currency have appeared, one of them is PayPal, which is currently being deployed in Russia. What is PayPal and how do I use it? How is it so significantly different from the same WebMoney and Yandex. Money? Are there any benefits? Let's try to understand together.
Why did he come to us?
According to research conducted by PayPal, Russians are increasingly buying from online stores using electronic money. Another payment option is bank cards; more and more people are abandoning their usual cash in favor of more modern methods. Thus, the emergence of another payment system in Russia was a matter of time.
And is he really popular?
The question of where they use PayPal can be answered shortly: everywhere. It appeared in America in the early 2000s as an innovative payment system project linked to an email address. Later, PayPal was overbought by such a giant as eBay, so it is likely that this was the reason for its rapid development - yet the status of a subsidiary of one of the truly world-class online stores gives a lot.
How it works?
How to use PayPal payment system? First you need to get acquainted with the mechanism of its work. When registering on the server, you must specify the email address to which the account will be linked, and the details of the payment bank card (for comparison: the WebMoney system requires only passport data). When making a payment, the online store will contact your PayPal account, and after requesting confirmation, the online store will transfer the money to the corresponding account. Everything is extremely simple. The main idea of the system is to combine the maximum number of credit cards, roughly speaking, into one. That is why the answer to the question of PayPal customers: "How to use without a card?" there will be a simple and laconic "no way": the system needs to take funds from somewhere.
Can I register?
We continue to answer the question, what is PayPal and how to use it. Let's get acquainted with the registration procedure in the system.
It all starts with the choice of the region and the status of the account. A personal account is one that will be used by an individual, while a corporate one is intended for companies, online stores and other legal entities. The system offers to enter basic data about yourself, such as date and place of birth, email address (to which the account will be linked), current home address. Then PayPal asks how you are going to pay for purchases: here you select the type of your bank card (MasterCard, Visa, and so on) and enter information about it. A couple of years ago, very few knew how to use PayPal in Russia, but now that the system is officially legalized, ruble cards can also be tied to it, then all invoices will be issued in Russian rubles. The company works with more than a hundred currencies of the world, which are exchanged within its system, so if you wish, you can switch to payment in dollars, euros or another currency convenient for you.
The next stage of registration is card confirmation. To verify the information about your account, PayPal will write off an amount that is a multiple of one US dollar, and the account statement will contain a special four-digit code as a comment to the operation, which is the confirmation. As soon as you enter it into PayPal, the debited dollar is returned to your account, and you become a full user of the electronic money system. Please note: the username you entered in PayPal must match the name of the bank account holder you want to link to, otherwise all payments will be declined.
And withdraw the money?
PayPal "feeds" on money on bank cards, but the account can be topped up with cash. But what to do with the withdrawal of funds? Can they be taken out of the system somehow?
The official recognition of PayPal as a non-banking organization gave the company the opportunity to work with the Russian ruble, both accepting it as a payment currency and issuing it to customers who could better understand what PayPal is and how to use it. PayPal account, as mentioned above, can combine several cards. To withdraw funds to one of them, it is enough to select the card of the bank you need in the corresponding window "Withdrawal of funds", enter its details and, after waiting a few days for the multi-stage confirmation procedure, take your funds. Everything ingenious is simple.
You can still get your hard-earned money in currency exchangers, but then you will face a commission of 15% of the withdrawn amount. In addition, you can use the online exchangers PayPal-money for the same WebMoney, but in this case, the commission also cannot be avoided.
Unfortunately, while the system has a withdrawal limit: you can withdraw no more than six hundred thousand at a time.
And they won't throw me?
The system guarantees the safety of its payments, everything is checked several times. If funds were debited from your account without your knowledge, then PayPal will instantly block your card, figure out what the problem is, and return the money. If the transaction was made by you, and the service was never provided, then the administration of the system takes on the obligation to resolve the conflict situation.
What about bonuses?
Of course, PayPal has its bonuses. Some stores, the same "Ozon.ru" for example, from time to time make discounts when paying through this system. Partner sites can return some of the funds spent on the purchase of goods or services back to the card or offer you participation in various prize drawings. In principle, everything is the same as with a regular bank card, which also includes a certain package of "amenities" from partners.
conclusions
So what is PayPal and how do you use it? First, you should remember that this payment system is tied to a bank card, so it is almost impossible to "throw" it - the funds will almost certainly be returned to the client, and the violator of the rules will be punished (moreover, such fraud is also punished by law in Russia). Secondly, one of the advantages of PayPal is the ability to withdraw money to any card without commissions, albeit not very quickly, but the reason for this slowness is the desire to protect users as much as possible from unauthorized payments. And the third bonus is the opportunity to receive a number of discounts when paying for goods and services on partner sites. A trifle, but nice.
In the twenty-first century, it is time to forget what paper money is. The future belongs to non-cash payments. And with PayPal, it just got closer.
The international payment system PayPal is designed to pay for purchases, as well as send money by individuals and legal entities via the Internet.
To use PayPal, you need to register in it using your email inbox and receive a password.
The popularity of PayPal is associated with the following properties of this payment system:
- Globality . It is the largest in terms of the number of users and the oldest electronic payment system. Ninety percent of online stores accept payments via PayPal.
- Simplicity . To purchase, it is enough to know the seller's ID (corresponds to his email address).
- Rapidity . Payment is carried out very quickly, the transferred funds will be received by the recipient in a few seconds.
- Security . The buyer's payment card details are not available to sellers. And in the PayPal system itself, great attention is paid to data protection and security of work with it. PayPal is responsible for the funds in the customer's account.
- Confidence . PayPal uses real (cash) money in its work, thereby increasing the confidence of participants in the execution of transactions. Used in some payment systems (for example, in Webmoney), their own "money" is not backed by anything, and cryptocurrencies with all their pros and cons are just beginning to be introduced into society.
Users are also attracted to PayPal by the fact that there is no commission for paying for the goods, that the delivery of goods is guaranteed by the system itself and that the buyer can directly enter into a discussion with the seller about problems with the order.
Register with Paypal
When asked how to use PayPal, the answer is very simple: first register (create your account), it's free. During the registration process, the country and the interface language are selected. Then you should specify the type of account (account). The system provides three types of accounts:
- Personal account - an account for personal use, that is, for transfers and payments for purchases within the system.
- Corporate account–For the financial activity of companies (its details and logo are indicated).
Through some form, the input of personal data is requested. It is extremely important to enter real data, otherwise, with a high probability, PayPal will suspect a violation of the rules in the future and block the account.
The user must indicate his email address, which will further be used as a login to log into PayPal. Sometimes, due to a lost password or for other reasons, you have to restore access to your PayPal account. It is best to use a mobile phone for recovery, so when registering, PayPal asks for its number.
When registering with PayPal, you can link a bank card, but this is not necessary and can be done later.
To complete the creation of an account, you must confirm it. This is done when you receive a letter from PayPal to the address specified during registration. 
Linking a card in Paypal
To bind a card, you will need to enter its number, information about the owner, expiration date and confirmation code (given on the back of the card). To confirm the binding of the card, it is checked. Only after verification is the card considered linked and available for use by PayPal.
The card check is carried out according to the following procedure:
- A small amount is charged from the card (up to $ 2).
- The user must confirm the legality of the withdrawal, which is considered the completion of the verification of the card linked to the account.
- The debited money is returned to the user's card.
Paypal fees
Before looking at how to use PayPal, here are some basic information about fees.
- Payment for purchases in rubles - no commission.
- When converting rubles for purchases abroad, a commission of 4% is charged.
- When making a money transfer in rubles within Russia, no commission is charged. But if a bank card is used for the transfer, then a commission of 3.4% of the amount is taken, plus 10 rubles. for each transaction.
- It is possible to choose the payer of the commission: the sender or the recipient of funds.
- For transferring money abroad - an additional commission in the amount of 0.4% to 1.5% (depending on the country).
- There will be no conversion fee if this operation is carried out at the issuing bank of the card used.
Using Paypal
PayPal's very simple and intuitive interface makes shopping easy and simple. To purchase goods on an eBay auction or in any online store, after choosing an item, you must specify PayPal as a payment method and enter your login and password. After carefully reviewing the information on the purchase screen, you must confirm the purchase, which will initiate payment.
For security, you should pay through the PayPal website. But security comes at the cost of unnecessary manual operations: it will require you to specify the recipient (his email address) and the amount of payment without errors.
Changing the conversion method can be specified in the account profile so that this setting is used for all subsequent operations.
PayPal also allows you to:
- Sending money transfers to relatives, friends and loved ones.
- Request funds from another user.
- Issue invoices for payment.
Top up your PayPal account
With frequent use of PayPal, it is better to pay from an account (account) in the payment system. Therefore, you should consider how to fund your PayPal account. Replenishment of an account is possible only from a plastic card tied to it, as a result of the seller receiving funds, transferring money to another PayPal user (possibly at the request of the transfer), as well as by exchanging other electronic money in third-party exchangers (description of exchange operations can be easily found on the Internet) ...
Transfer money to PayPal
A related question is the question of how to transfer money to PayPal. You can make a bank transfer to your PayPal account, but it's easier to use the previously discussed deposit option from a card linked to your account.
It is useful to transfer money to the account of other PayPal users upon request. The request for money is possible in the form of an invoice or in the form of a regular request. A regular request is created by filling out a form and linked to your PayPal account balance.
How to use PayPal in Russia
There is a growing number of Russian merchants who can be paid through PayPal. More than 90% of overseas online stores accept payment through the PayPal payment system. The popular eBay auction and PayPal are integrated with each other. 
Since PayPal has been working in Russia for a long time, it offers a convenient interface in Russian and classifies our country into the second group (sending and receiving payments is available in it), has many advantages over other payment systems. We can confidently recommend using this largest payment system to all our compatriots who are interested in it.
For Russian online stores and other recipients of money, it is also important that funds can be withdrawn to a bank account from a PayPal account.
PayPal is the largest payment system in the world with over 179 million active users.
Since October 2012, it has been fully operational in Russia. With its help, you can pay for purchases in online stores in any country, since it operates with 25 types of international currencies. "Payment buddy" (as the name of the service is literally translated) allows you to make any financial transactions quickly and most safely.
In order to transfer money to friends or pay for goods and services, you need to register. To do this, enter the official website of the service and click a special button (it is located in the upper right corner). After that, you will be automatically redirected to the page for choosing the type of account: corporate or personal.
A personal account allows you to do the following:
- transfer funds to your family and friends;
- link a bank card to pay for online purchases;
- put money into your account to pay for goods and services, transfer to friends;
- withdraw money to a card or ruble bank deposit.
When registering, you will need to provide your email, come up with a password and fill out a form. Data entry is carried out in Russian. Having filled in the required fields (name, passport data, residential address, phone number, etc.), you must confirm the fact of familiarization with the user agreement, and then click the "Agree and create" button.
You can register, open and top up your account for free. With further use, you can always change its status from personal to corporate. The creation of a wallet, regardless of the type, is possible exclusively in the state currency. But in the course of using the system, you can add other types of currency.
At the end of registration, you can link a credit card to an electronic wallet, indicating only the bank card number, its validity period and the CVV2 / CVC2 code (the last three digits on the back of the "plastic"). After linking, you can replenish the wallet directly from the card or, conversely, withdraw money from it and transfer it to a credit card. You can also top up your account in cash through Svyaznoy and Euroset stores.
How do I get started with PayPal?
The first step you need to take in order to start using the payment service is to confirm your email address. Only then will the account be considered created, and the user will be able to send and receive money transfers, including without a credit card. To do this, you need to log in by clicking the link in the upper right corner of the screen. On the page that opens, you will find a link to confirm your email. After clicking on it, the system will automatically send a letter to the address specified during registration.
To complete the verification procedure, you must re-enter the password used to create your account. After that, instead of a link to a confirmation email, a green circle with a checkmark inside will appear. Now you can go to full use.
But before you start using the service, you should find out the available limits. They are installed for all types of accounts. So, for account holders with unconfirmed data, the monthly limit is 200 thousand rubles. The amount includes any financial transactions, whether it is withdrawal or crediting of money, payment for purchases online. One-time transactions should not exceed the total amount of 60 thousand rubles. This means that without confirmed data, you will not be able to buy a Macbook Pro 15 '' in the online store worth more than 150 thousand rubles or receive a transfer for a similar amount.
To increase the amount of financial transactions, you must confirm your personal data. To do this, you need to perform the following actions:
- enter the service;
- click the link "Check your account limits" at the bottom of the page;
- on the page that opens, click the "Increase limits" button.
Several confirmation options will be offered to choose from. To remove account restrictions, you must complete them all.
One way to validate your passport information is to send a scanned copy of it (pages 2, 3, and 5). To confirm the card data, follow these steps:
- enter the exact data (number, expiration date, security code);
- click the "Add card" button.
Then, in the data confirmation window, opposite the "Confirm bank card" line, click the "Start" button. The account will be charged $ 1.95. Let's consider further actions using the example of a Sberbank card. After debiting funds, you need to visit Sberbank-online, click on the "Account statement" link and find the required operation.
Next to the operation, you will see a verification code (4 digits) like 2016CODE. Log in to your payment system account and enter it in the appropriate line. At the end of the verification, the blocked funds will be returned to the account automatically. You can delete or change the card information as needed.
Where and how can I pay for purchases?
Today, you can pay for purchases in tens of thousands of online stores around the world, including eBay, Ozon, etc. Many partners of the payment system provide special discounts to account holders, and numerous promotions are held for PayPal users. You can find out about the current offers by visiting the "Shopping Center" on the system's website.
This section provides a complete list of merchants that accept PayPal. However, there are a number of stores that are not ready to accept funds in this way. It is not possible to make purchases with this service on Aliexpress and Amazon. But this is understandable, because PayPal and the direct competitor of these trading platforms - eBay - were previously part of the same group of the company. But, starting at the end of 2014, the eBay corporation decided to spin off the PayPal system into an independent structure.
Paying for purchases through the system is extremely simple. You need to take a few simple steps:
- visit the desired online store;
- add your favorite products to the cart;
- proceed to checkout by clicking a special button or choosing from the list of available payment options.
After choosing payment through PayPal, a window will automatically open for entering the email address to which the wallet was registered and the password from it. If you did not have your own account until the moment of payment, you can create it right during the checkout process.
After entering the required data, the direct payment page will appear. At the same time, a bank card does not have to be linked to your account. You can specify her details at the stage of order confirmation.
The further procedure for placing an order is standard: you will need to indicate the address, delivery method and other necessary information. Payment for purchases for visitors to Russian online stores is always free. But when paying for goods abroad, the system may withhold a conversion commission equal to 4% in excess of the wholesale currency exchange rate (if the seller refuses to pay for it).
Holders of currency debit and credit cards should first turn off the conversion. Otherwise, the system will send a request to transfer funds in national currency (even if the invoice is issued in dollars or euros), and the bank will transfer the required amount at the internal rate.
Pay securely for purchases with PayPal
An important advantage of using this payment service is the availability of the Buyer Protection Program. You can contact the Support Service for a variety of reasons:
- inconsistency of the goods with the declared description;
- the presence of defects, damage, traces of wear and tear of the goods;
- non-delivery of goods to the buyer;
- inconsistency in size, style, color, etc.
In all of the above situations, Customer Support will help you return funds to the buyer's account and reimburse shipping and return shipping costs for unsuitable products. The Program even partially applies to the purchase of electronic tickets and documents.
To initiate the refund process, you must perform a number of actions:
- open a dispute after 7 or more days from the date of purchase by contacting the Resolution Center;
- contact the seller for a peaceful settlement;
- close the dispute by mutual consent;
- translate an open dispute into a claim in the event of an unsatisfactory response from the seller.
It is noteworthy that the Center works around the clock. Its employees will consider the application and make a decision, after which the money for the goods can be transferred to the buyer's account. Another advantage of using the service is the secrecy of personal data (account or credit card details). All you need to confirm your payment is an email address and a password to log in.
How to transfer funds from an account?
You can create a PayPal account to make safe and fast money transfers. To transfer funds, friends and family will need to make a couple of clicks. Just enter your personal account and click "Pay or send funds" at the top of the screen.
After clicking, a window will open with two more links, one of which is for proceeding to sending funds from the account.
You can send a money transfer to absolutely any recipient in Russia who has their own email address. In this case, it is not at all necessary for the recipient to have their own account. He will be able to register it after receiving a message about the transfer of money in his name.
You can transfer money not only from your account, but also from linked cards. But in this case, the service charges a commission equal to 3.4% of the amount + 10 rubles. When transferring funds in a non-government currency (US dollars, euros), an additional commission is charged on the conditions described earlier.
How and where to cash out?
In order to cash out the balance on the account, you need to enter your personal account and click on the "Withdraw funds" link. If you have not linked a bank account to your account, you will be prompted to do so and go through the verification procedure. Two small amounts will be sent to the specified account (crediting takes place within 3 - 7 days). You will need to find out their size and indicate in special fields when you follow the link to the output again. At the end of the check, you can freely withdraw money to a bank account, without forgetting about the established limits. Withdrawal of money to a bank account or linked credit card is carried out in about 3 - 5 days.
There are other ways to withdraw:
- to a Qiwi wallet;
- on Yandex.Money;
- on Webmoney.
You can use them through one of the Internet exchangers - sites that offer money transfer services between two services (for example, PayPal and Qiwi) for a certain commission. Its size sometimes reaches 10 - 12%, therefore, before using it, it is important to find out the working conditions of the exchange office.
Withdrawal of funds is available not only on the territory of our country, but also in Belarus, in Kazakhstan. Residents of such CIS countries as Ukraine, Armenia, etc., will also have to link their card and bank account to their account, go through a similar verification procedure and receive their money directly to a MasterCard or Visa card. In this case, you can receive funds using a bank terminal (ATM).
