Why Protecting Your PayPal Account is Important
Starting as a virtually one-room operation in 1998, PayPal has grown into a multibillion dollar business today. For years, the company was owned by auction site eBay, and PayPal made it a great way to buy something on eBay and pay for it instantly. While PayPal was initially associated largely with eBay, today it serves as the primary source of payments for millions of Websites, including a lot of sites related to Internet marketing. If you’re going to be working in the make money online niche, it’s quite important that you take care in protecting your PayPal account, as there are a number of things you can do that might jeopardize it.
Why should you be concerned about protecting your PayPal account? Because PayPal has their own rules and regulations and their terms of service are quite lengthy and also rather strict. If you do something wrong, you might find yourself having your account canceled or suspended and that could be seriously detrimental to your online business. That’s a particular problem if you have no other way of accepting money online, and for many online marketers, having their PayPal account canceled could put them out of business overnight.