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    All About PayPal

    Whether you are a citizen of the UK or the United States, you have probably come across the company known as PayPal at some point in your lifetime.  PayPal is an international service for transferring money between two participating parties.  Whether you are buying an item online or just sending money to your son or daughter at university, PayPal can come in handy when it’s time to make some kind of online transaction.  PayPal was created by eBay and it has maintained a rather positive reputation over the years.  They are a rather effective method of sending money to anyone in the world, and they have pretty much gained a monopoly over the online transaction world.  There are some other small competitors that they may have to worry about a little bit, but it seems that they will be the kinds of online transactions for now.  PayPal is a breeze for most individuals in the world, but there are some parts of the world where using PayPal can be quite tricky.  PayPal does its best to prevent people using their services for illegal purposes, which leaves a lot of countries out of the mix when it comes to transactions.  They no longer allow funds to be used for online gambling because of laws in the United States regarding those matters, and they take a strong stance on preventing any kind of money laundering from taking place while using their services.  Basically, PayPal does what it can to make sure all of their customers are satisfied and all of the governments will stay off their back.

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