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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.
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).
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BPAY payments are all made within the secure environment of your financial
institution’s Internet banking site or phone banking system.
The only parties who are authorised to have access to information
held by the BPAY payments system are the participating billers and
financial institutions. Additionally, BPAY does not receive any identifying
personal or individual account details at any point during the payment
process.
As BPAY is part of Internet banking, consumers are also protected
by the Electronic Funds Transfer Code of Conduct (EFT Code). Thousands
of Australians pay their bills with BPAY every day using the Internet
and phone banking services of over 170 banks, building societies
and credit unions.
As with all aspects of Internet or phone banking, it is vital that
you protect information such as your PIN or passwords. Always log
onto your Internet banking site by entering the full web address
– never follow a link.
For further details of the security features provided to you by
your financial institution, and how to protect your personal information,
contact your financial institution. |
