PayPal works as an intermediary between you and a bank. A user adds a bank account or credit/debit card to the PayPal Login system and whenever they're making an online payment, they can select which account to debit.

 

All transactions are processed through PayPal, instead of your bank. When someone sends you money, you'll receive a notification via email and/or the PayPal Login app. The money is deposited into your PayPal account. You can keep the money in your PayPal account to apply it toward future transactions or transfer it to your bank account.

 

You don't need a bank account to sign up for PayPal or to receive payments. You can, however, connect your PayPal Login account to a bank account, a debit card or a credit card account for sending and receiving payments and transferring funds. PayPal is a highly secure financial service, backed with some of the best end-to-end encryption available.

 

You should also make sure to enable two-factor authentication, and delete any unused bank accounts or email addresses. Even with all this security, PayPal Login remember that no online service is immune to hacking or theft.