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When you buy a gift card, you buy something with no connection to your identity, particularly if you are using cash to make the purchase. To start, it is important to remember that as far as your anonymity goes, gift cards and prepaid debit cards are two very different animals. This not only keeps your purchases discreet, but closing your registration with Checkout will also allow you to nix your payment history. Sites that use Checkout allow online shoppers to log in with their Google account information. As with Paypal, any purchase made through Google Checkout will simply appear as “Google” on any records related to the bank account or credit card the payment is made from.Ĭheckout’s original purpose was to make online shopping more convenient by eliminating the need for consumers to have lots of hard-to-remember login information with different merchants. Google has also thrown its hat into the ring, creating Google Checkout to compete against Paypal.
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However, another person knowing how to get into your Paypal account can compromise this anonymity since the name of whomever you’re giving money to will show up in your record of payments. When your credit card bill or bank statement comes in, whatever purchase you make will read “Paypal” and not the company or individual you’ve bought from, keeping that purchase anonymous. Through your Papal account, you can pay businesses or people either by drawing money from your credit card or taking it directly from your checking account. Paypal’s services function by letting you spend and receive money using your email address. Today, their more than one hundred and fifty million users make Paypal the largest internet payment processor. Paypal was founded to provide consumers with a method to shop online without needing to use a credit card directly.