PayPal originated as a payment company for trading startup eBay. As eBay grew, so did PayPal. By 2010, PayPal boasted more than 87 million active accounts across the globe [source: PayPal]. PayPal is a secure solution for online transactions that supports direct access to bank accounts for payments and sending money. Tons of online retailers support payment through PayPal; if you've ever been hesitant to use your credit card online, PayPal's a great way to use a secure source and bypass that issue.
Additionally, PayPal offers payment solutions for businesses that need to sell goods online. While it costs a fee to use PayPal for business, it's easier than building your own online market solution. Whether you're opening your own store, selling on eBay, trading on a site like Craigslist or simply shopping at popular retailers, PayPal is a speedy, secure way to handle your money.
PayPal is easily one of the most practical tech tools for handling money, but it's not very exciting. If you love technology, our last, most cutting-edge tech tool is sure to make you enthusiastic about the future of advanced finance technology.