How does PayPal Work?

What is PayPal?

PayPal, owned by eBay, is a global online payment system. PayPal is a convenient, easy-to-use and secure way for individuals and businesses to send and receive money online.

When using PayPal to make your purchase, you can use your Visa, MasterCard, and Bank Account to securely send funds without revealing your card number or financial information to the recipient.

PayPal is now available in 56 countries and allows you to send and receive funds in 6 currencies

With over 1 million accounts in Australia, and over 86 million accounts worldwide, PayPal is rapidly becoming the standard way to make purchases online.

How does PayPal work?

What does it cost to set-up my PayPal account?

Signing up for a PayPal account is free and there's no charge to send money.

What are the benefits of using PayPal?

PayPal is Safe

PayPal uses industry-leading encryption technology to ensure that your financial information is never compromised. Once you give your Visa, MasterCard, and Bank Account to PayPal once, you only have to enter your username and password when you want to pay for future purchases. With PayPal, the primary interest is users' security. PayPal is trusted by over 1 million accounts in Australia, and over 86 million accounts worldwide.

PayPal does not reveal your financial information. When you send a payment using PayPal, only we know your sensitive financial information.

PayPal is Fast

As a buyer, you can receive your purchased items faster by instantly submitting payments using your PayPal account. You don't have the inconvenience of calling a third party to complete payment for your item.

Merchants who accept PayPal are paid instantly so they don't need to wait until funds clear before they send your item through to you.

PayPal is Easy

Paying with PayPal is easy and convenient. Simply enter your PayPal username and password during checkout when you want to pay for items - no need to go to a separate website to enter in bank details, you don't have to pull out your credit card every time you want to make a purchase, nor do you need to pick up the phone and call a third party to pay for your item.

Do I need to have previously signed-up with PayPal before I start using it now?

No! When you select PayPal as your method of payment, during the check-out process you will be asked to quickly set-up your account. This step only needs to be completed once, is very easy, and will only take a short time to complete.

At the end of the transaction you have the choice of discarding the information (PayPal will not retain your financial information), or instructing PayPal to keep your details for future payments (if you choose the latter remember to keep your email address and password).

Alternatively, instead of waiting to sign-up for PayPal through checkout, you can join PayPal immediately.

The PayPal service is provided by PayPal Australia Pty Limited ABN 93 111 195 389 as authorised representative of PayPal, Inc. ARBN 111 900 906 (AFSL Number 283443). You should consider the Product Disclosure Statement (available at https://www.PayPal.com.au) before deciding to sign-up for or use the PayPal online payment service