The process of an online purchase follows a rapid six-step lifecycle: How Online Payment Processing Works | PayPal US
PayPal operates as a digital wallet and a multi-layered payment intermediary that facilitates secure transactions between consumers and merchants without exposing sensitive financial data. 1. The Core Ecosystem how does paypal work when buying online
Payments can be funded by an existing PayPal balance, a direct bank transfer, or linked cards. 2. The Transaction Lifecycle The process of an online purchase follows a
Users link multiple payment methods—such as debit cards, credit cards, or bank accounts—to a single PayPal account. a direct bank transfer