The PayPal account is a virtual account: the identity of the account is defined by the PayPal member's email address, so there is no account number. The account can be used to make payments to third parties and receive payments from third parties. PayPal acts as a service provider for the transfer. PayPal does not take on the function of a trustee, that is, it only takes over the payment processing, regardless of the service provision by the seller. An elementary advantage of PayPal - as well as of other micropayment systems - is that payments made via PayPal are immediately credited to the payee, thus eliminating the usual bank transfer time, for example. Purchases made in an online shop can therefore be paid for very quickly. This shortens the delivery time if the seller sends the goods promptly after receipt of payment. However, the credited payment may not be available immediately. In order to guarantee buyer protection, certain deposits (e.g. for eBay sales) are only released after 21 days. If PayPal is used to pay at an online shop, PayPal collects transaction data that goes beyond the scope of a normal transfer. If the online shop transmits this data to PayPal, this includes, among other things. the delivery address and the individual items in the shopping cart. Now simply dust off € 5. If you already have PayPal but have not yet installed an app, simply download it via the link and log in. If you don't have PayPal yet, now is a good time. The first 110,000 participants will receive a voucher worth € 5 within a week.