Yes indeed PayPal is the best platform to transfer money online. It is trusted by millions of users worldwide.
How it works?
To get started with PayPal, you will need a valid email address, PAN number and bank account. First you will have to sign up with PayPal. Then fill all the details like name, age, date of birth, address, bank details, etc. For verification PayPal will deposit two small amounts in your given bank account. You will have to enter those exact amounts in your PayPal account. After verifying you will be allowed to transact money anywhere in the world. The verification process takes around two to three weeks time.
Is the registration require credit card or some other bank information?
Credit card is optional in India. If you don't want to enter your credit card details or if you don't have a credit card, then all you have to do is do not choose the credit card option.
Is it safe to create PayPal account?
Yes it is totally safe and secure to create and use a PayPal account.
Can I charge for each transaction?
Did you mean 'If PayPal charges for each transaction.' Yes PayPal charges for each transactions around 5%. However it depends on the amount and the account type (Personal account, Premiere account or Business account).