A lot of online stores only accept PayPal for payment transactions online. PayPal is a third-party online payment option for small businesses who currently do not have a merchant account. PayPal is a cost-effective way for small businesses to take payment online. Customers do not have to have a PayPal account to purchase online; with PayPal, you can accept their credit card.
For more information on PayPal, go to their Web site by clicking here: PayPal