If you own an Internet business, you will want to have multiple ways of accepting payments. On the other hand, if you want to earn some money by participating in various online programs, you will also need to make sure that you have an account to which you will get paid. There are various payment processors, buy PayPal is probably the most popular one.
PayPal is an online website allowing its customers to accept payments made through the Internet. It is a very convenient way to accept money, as if you plan on making money through the Internet, it will not take long to realize that some companies only pay through PayPal. Additionally, PayPal in owned by eBay so if you want to do some online shopping on the biggest online auction house in the world, you will benefit from it as well. So whether you are making money online or not, you might find PayPal services quite useful, as you will be able to make payments as well.
Of course Paypal is not the only payment processor, and Moneybookers is one of its competitors. Moneybookers allows citizens from more countries to participate so it is definitely a good choice for those who cannot have a PayPal account. While Moneybookers may not be a bank, generally users agree that it can be trusted.