awd330
07-18-2005, 11:22 AM
Paypal is a great way for people and small businesses to transmit money. The sender can choose between methods of payment (credit card, checking accounts, etc.) and the receiver can accept multiple payment methods without having to incur many setup/transaction fees or delays caused by waiting for checks to clear. Of course, Paypal has to take a percentage of the transaction amount to stay in business. But, that might still make it an economical choice for smaller businesses and individuals.
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