Currently more than 164 million accounts are in use worldwide by Internet users who prefer to use PayPal to send money to each other via email or make online purchases. PayPal has become such a convenient and trusted way to transfer money online, a staggering 95% of eBay's purchases go through PayPal. PayPal is just as safe as any online bank. Of course there is no such thing as a 100% foolproof system, but PayPal has designed numerous safeguards into its system to keep error and fraud to an absolute minimum.
