Paypal holdings Inc is an American company which leads the online transactions nowadays. I have using the service for more than one year. The thing I got to say about it: secure and reliable. You need not worry about your money on the account. To start a Paypal account you need a valid bank account or debit/credit card accepted internationally. The Paypal take care about the authenticity of of the details you provided by several means.One example is that if you link a valid account to the Paypal account initiated through an email id, they will deposit an amount between 1 and 2 rupees two times. One have to confirm the amount of money deposited within a week. These are the simple steps followed by Paypal to avoid frauds.
The only two thing you need to start a Paypal account is a valid email id and a bank account or credit/debit card which is internationally accepted. The steps followed is real simple and free. If you need your account for business purposes or huge transactions, it can be upgraded to premium business account
The best side of Paypal is ease of international transactions. People like me, who earn money through online platforms like survey completion, affiliate programs etc found it an excellent platform for money transactions. Another merit is that all around the Paypal is reconsigned and made platform for money transaction. You need not worry to send money any part of globe to anywhere.