Paypal when making payments for advertising or accepting payment from bloggers who want to advertise. So it is a good idea to set up a Paypal account before you need one--it is free to sign up.
Paypal is a secure online option for making payments with credit cards or
thru a bank draft. If you want to advertise on another blog or charge for advertising on your blog it is an easy way to receive or make a payment. Sign up is easy and once you are signed up be sure to verify your account by adding a bank account to it. You need to be verified to deal with larger sums of money.
Paypal does charge a small transferring fee for business owners, but it is free for personal use. When you receive a payment the amount will be entered into your Paypal account and you may transfer it to your attached bank account or leave in the balance to spend thru Paypal.
You can find this and many other helpful Blogging Resources in the resource tab below the Simply Blogging University header--no need to keep them bookmarked, we've already done that for you.