PayPal account not required for making credit card payment to PayPal

PayPal is one of the most popular electronic payment methods. It has introduced a service that enables software writers to accept credit card payment using PayPal even from those buyers who do not have a PayPal account.

Though PayPal is a very popular and secured method of making payments online, you must have a PayPal account associated with one of your credit cards for making payments. However if you are not able to associate your card with your PayPal account for some reason, you may not be able to make any payment unless your receive money from somewhere. This is what has been taken care of by the new service.

This new service is known as “Guest Payment” which takes all of these hassles off your head.  You need not open an account with PayPal to make payments with your credit card. You credit card information remains safe with the PayPal and you are charged a small fee for this service. This service is useful for both buyers and the merchants. Merchants and publishers can add PayPal’s credit card option to any app – mobile phones, desktops or Web. Many Smartphone platforms already have their own application stores therefore it may take some time before the users become familiar with this new service on mobile devices.

The buyer does not have to worry about credit card frauds because PayPal is responsible for it. Similarly merchants also do not need to handle security issues on their own. Merchants get the name of the customer and the payment amount without having to set up secured money transfers systems.

Your identity and credit card information remains secured if you use PayPal for making online transaction. This is what makes this method a highly popular way to make and receive payments. Not only for the customers, is this service highly convenient for merchants as well because they need not worry about any credit card related issues. Or course this service costs some money but it is definitely worth it.