Lets you securely transfer funds without giving your credit card out to every Tom, Dick and Harry (and every scam artist) on the Internet.
Haven't tried it yet. If there are any horror stories or success stories, you might want to include them.
Success Stories
- Someone writs: I use Paypal all the time and have NEVER had an issue with them or the service. Clean, prompt, automatic, and reliable.
- DanielMacKay writes: ditto. I've bought many items from eBay with PayPal and sold a couple thousand bucks worth of stuff on eBay, most of which was paid for that way. PayPal Inc gently encourages you to keep your money in your PayPal account, and spend it at businesses which accept PayPal instead of converting it back to cash, but it is also easy (with a smallish transaction fee) to have it deposited into your bank account.