Paypal is now one of the most used platforms for making online transactions and dealing with currencies. Paypal itself is seen as a flexible way to shop by most individuals out there due to its security and ease. With your PayPal account, you can transfer money and pay bills right from your linked credit, debit or other payment accounts. The PayPal balance platform is what get some individuals confused but you should know that you do not need a PayPal balance in your PayPal account to use PayPal. The PayPal balance is the current balance that includes all money (available and pending) in your account. Also, there are also other types of balance like the total balance and available balance.
Benefits of Using Paypal and Knowing Your Paypal Balance
This feature helps you in regulating money going in and out of your PayPal account and also helps you shop with ease. With your PayPal balance at heart, you would be able to successfully manage your fund and save if necessary. Other benefits of PayPal are;
- Better security to protect your identity and yourself from scammers.
- A fast and easy way to shop online.
- It helps protect your purchases.
- With PayPal. You can transfer funds and pay bills at any convenient time without having to type in your account number or what so ever. All you need is your PayPal password. This system is recognized as the “forget your wallet, pay with your password” system.
Above are some of the key benefits of the PayPal account and knowing your balance. However, you should know that you cannot use this feature without an active PayPal account. You can learn more by visiting the online PayPal help center.
How to View Your Paypal Balance
Your PayPal balance should not be a hard task to view as long as you already have a PayPal account and is linked already. Once you have a PayPal account that has been linked to your credit card, debit card or bank account, simply log in through the PayPal mobile app or online. The moment you are logged in, click on the PayPal balance icon and wait a few minutes. A page is going to be displayed; on that page, you will see a detailed breakdown of different currencies and any help or pending payments. You should know that payments are automatically made using your PayPal balance. First, if the currency of your payment is the same as the one of your balance.