It allows any individual, from almost anywhere in the world, to instantly transfer money electronically to any recipient with an email address - through the internet.
These online vendors will gladly take your e-payment for any of their offerings.
Paypal stores enable you to buy things that you need or want anyway, with the money that you've been accumulating in your account.
Such websites can easily be identified either by displaying the Paypal logo on their pages or simply by stating it on their main or FAQ page (usually under the "Payment Methods" section).
The ability to easily send and receive funds through the net (both locally and internationally) has turned Paypal into one of the most popular forms of payment and transaction processing methods worldwide.
It's an excellent and easy-to-use alternative to the traditional credit cards, checks and money orders.