PayPal is an electronic trade company that eases payments securely among parties through online transferals. PayPal allows clients to create an account for free on its policy. Once credentials and proof of funds are confirmed, operators can begin transferring or receiving payments from further PayPal accounts. It is accessible through the firm's application in addition to online transactions. It also provides a range of services with debit cards for payments, credit card readers for minor merchants, and lines of credit. PayPal also boasts safe payment handling and safeguard from fraud for both merchants and clients. A merchant account is a form of bank account that allows companies to receive payments in multiple means. Opening a PayPal merchant account permits to offer the clients an easy and protected way to pay for imports, as well as appropriate payment options, such as using credit cards or else phone payments. The money is transferred into PayPal's merchant account and then there is an agreement with PayPal that they will offer the money only on demand.