PayPal is an electronic account. First thing you must have an email account to register yourself with PayPal. If you are living in developed countries like the USA, Canada, Europe, or the UK it is very easy to register yourself with PayPal account and then connect your direct bank account with PayPal services.
It is a great source to do online shopping, payment of bills, and against these services PayPal charges its customer a nominal fee to complete each transaction that has been made online. This is an era of online shopping and everything is on your fingertips.
Overseas millions of people keep an online PayPal account and with these services, faster payments can be made.