If you possess an enterprise or if you are contemplating starting one, you’ve probably heard of PayPal. You may have used it as a customer a few times as well. However, now that you’re in business, you might be curious in what the well-known platform has to offer in terms of payment options. For more than a decade, PayPal UAE has been involved in electronic payments.

PayPal Security Features

In general, PayPal is regarded a secure way to send money and shop online. No platform is foolproof, but an examination by cybersecurity risk management company UpGuard gave PayPal an "A" rating for its safety practices. Here are the security features in place for customers:

• PayPal security key: In complement to a traditional password, customers can set up an optional security key, which is a type of two-factor authentication. That implies that every time you log in, you'll obtain a text message to your cell phone with an unsystematically generated one-time PIN. You'll only be capable to log in if you have both your PayPal password and the one-time PIN. If a fraudster somehow acquires access to your password, they'll still be incapable to log in without access to your cellphone.
• Email confirmation: Every time you make a purchase or sale, you'll obtain an email from PayPal ensuring it. That can help decide if someone has used your account fraudulently. But use caution: Email confirmation is also the base for a well-documented PayPal phishing scam, in which users obtain a fake confirmation email from a PayPal fraud trying to gain entry to their account. 
• Data encryption: PayPal uses end-to-end encryption to guarantee your transactions using only specific connections to its internet servers.
• Fraud monitoring: PayPal retains an eye on transactions 24/7 and will warn you if it notices a doubtful login or purchase from your account.
• Purchase protection: If you purchased an item using PayPal and didn't obtain what you desired—say the item was damaged or used instead of new—you may be able to get a reimbursement from PayPal, including shipping costs. You'll have to submit the confrontation within 180 days of payment to qualify.

How to Take Back Or Withdraw Money from Your PayPal Account in UAE?

Following the distribution of funds to your PayPal account, the following step is to withdraw them. Simply obey the instructions, and you will be able to withdraw funds from your PayPal account in the UAE with ease.

– Examine for the option to ‘Transfer to your bank account,’ which should be just under the PayPal balance.

– Choose your bank account and then click Next.

– Next, enter the numeral to be erased and click on the Next button.

Finally, check the transfer and press the Transfer Now button.

Also read more on the top payment gateway providers in the UAE