Founded in 1998 in California, PayPal is a financial services company that offers online payment solutions to users worldwide. PayPal provides an easy and quick way to send or request money online. Each user can transfer money to family, friends, online stores and other available services, in various countries of the world.
From the extensive list of capabilities available in PayPal, Cyberbank integrates with Paypal by linking bank accounts to PayPal accounts. This enables the transfer of money available in a PayPal account and the withdrawal in local currency or foreign currency through the customer’s bank account.
PayPal also has the following key features:
Access without credit card: PayPal offers bank customers without credit card, the possibility to pay in foreign stores by transferring the money from their bank account to the PayPal account.
PayPal.me: by sending a simple link users can transfer and receive money easily and quickly by sharing the phone number, email or social media.
Customer Protection: PayPal offers a Buyer Protection program that provides the ability, for a period of 180 days, to request full refunds if there are discrepancies between the item purchased and the item received, or if purchases are not received.
Data protection: bank users can make transfers or payments using only their email and password, with 24/7 support including fraud monitoring and world-class encryption practices, to protect financial information in merchants large and small, near and far.