
PayPal is one of the biggest online funds transfer service in the world. This online company was launched back in 1998, and it was at the beginning a tool for transferring money in order to pay for all the ebay auction. Paypal was acquired by eBay in 2002. Right now they become the most popular online payment system in the world, with more than 164 million users all over the world. More than 190 countries are currently supported by Paypal.
Unfortunately most online casinos and poker room no longer accept paypal as a payment method, but if you dig deeper, you will see that there are a few that still accept this as a payment method.
Basically Paypal will allow you to email money to anyone who has an opened account, all you have to do is know that person's email address. Right now many online merchants are offering paypal as a payment method since it's so popular. Many people are using Paypal thanks to its great security environment. This way you will no longer have to enter your credit card information each time you will make a payment to an online merchant. You will need to add a credit card to your paypal account, and after that you will load the funds to your paypal, and transfer it from there.