Paypal is an American company which is operating a worldwide online payment system. I am using Paypal since 2 years and I have the great experience with the website. Every month my payment comes to my paypal account in US dollars so it is very easy to get the payment and than transfer it to our bank account.
We have to link our bank account to paypal and whenever any payment comes in our paypal it is automatically transferred to our bank aacount within 48 hours. Using paypal we can send anyone money and anyone in the world who is having a paypal account. The minimum amount to withdraw to bank account is$10. We can also buy products online and make the payment using paypal.
Paypal is awesome but some e-commerce website still not accepts the paypal payment method so it can be a problem.
My overall experience with the website of Paypal is great and everyone should use it. I would recommend it to everyone.