a
few months ago I bought something that I really want but it still
rare in Indonesia. Mannequin for Barbie doll. Yeah, something small and unique.
I bought this item on the world's large online marketplace, Ebay.com
For
you that want to become Ebayer or want to get shopping on ebay, you must have
online payment tools so that make the transaction easier. There are so many
online payment tools, such us Paypal, Alertpay,
Liberty Reserve, Ok Pay, etc. In this case we can use paypal only to make a
purchase on ebay. Why? Because Ebay is the owner of Paypal.
PayPal is
a global e-commerce business allowing payments and money transfers
to be made through the Internet. Paypal allow you to pay, send money, and accept payments via online.
How
Does PayPal Work?
PayPal
acts like a digital wallet where you can securely store all your payment
options, such as your bank account and credit card. When you want to make a
payment, you don't have to pull out your credit card or type your billing info
every time.
Simply
click on the PayPal checkout button, log in to your PayPal account, and select
your preferred payment method. Paypal will complete the payment
process without sharing your info with merchants and sellers.
How about the security?
Security key
In early 2006, PayPal introduced an optional security key as an additional precaution against fraud. A user account tied to a security key has a modified login process: the account holder enters his or her login ID and password, as normal, but is then prompted to press the button on the security key and enter the six-digit number generated by it. For convenience, the user may append the six-digit to his or her password in the login screen. This way he or she is not prompted for it on another page. Using this method is required for some services, such as when using PayPal through the eBay application on iPhone.
This two-factor authentication is intended to make account compromise by a malicious third party without access to the physical security key difficult, although it does not prevent so-called Man in the Browser (MITB) attacks. However, the user (or malicious third party) can alternatively authenticate by providing the credit card or bank account number listed on his or her account. Thus, the PayPal's implementation does not offer the security of true two-factor authentication.
The key currently costs US$29.95 for all users with no ongoing fees.[60] The option of using a security key with one's account is currently available only to users registered in Australia, Germany, Canada, the United Kingdom, and the United States.
(source: http://en.wikipedia.org/wiki/PayPal).
That's all about paypal. On the next time I'll give you some tips and tricks how to make an account on paypal and how to fill balance with free. Just follow my blogJ
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