Here are a few good reasons why there are 5 million PayPal accounts in Australia:

Protect your purchases

Pay with PayPal and you can be covered with FREE PayPal Buyer Protection of up to AU$20,000 on each transaction. You can pay with PayPal for almost every item on eBay.com.au, so you can shop with confidence. The categories not eligible for PayPal Buyer Protection are cars (which are covered by Vehicle Purchase Protection), services, real estate, intangibles, airline tickets and businesses for sale.

Safe and secure

Your financial and personal information is held securely by PayPal and won't be shared with the seller or third party merchants.

Get your items fast

Sellers receive instant notification of your payment, which means they can send your goodies straight away.

Hassle-free

In 2007, buyers were almost four times less likely to enter a dispute over their purchases when they paid with PayPal compared with bank deposit.

Free in Australia

PayPal is FREE for all purchases in Australian dollars made by Australian PayPal accounts

Trusted globally

PayPal lets you make secure purchases in 18 major currencies around the world.

Easy checkout

Paying for your items is easy. PayPal is the only payment option integrated directly into the checkout process on eBay.com.au.

Quick and easy payments

No need to dig out your details and input strings of numbers each time you buy something new, just a couple of clicks and your payment is made.

Flexible payment options

You can choose to pay with your credit or debit card, your bank account, or any funds you already have in your PayPal account.

Manage your activity

Keep track of everything you buy on eBay.com.au. PayPal provides a snapshot of your activity with clear links to each item.

PayPal is now available on almost all items on eBay.com.au, giving you greater security and protection when buying and selling.

For a small number of categories (eg vehicles, services, real estate and businesses) there are some exceptions.

If you don't yet have a PayPal account you can pay with your Visa/MasterCard for a limited number of transactions and still get the benefits of increased security and access to PayPal Buyer Protection. You will need to open a PayPal account to make a claim.

Make sure you sign up for PayPal now so you can shop safely.

Find out more about shopping with PayPal in the PayPal buying guide.

A message from our lawyers

The PayPal service is provided by PayPal Australia Pty Limited (ABN 93 111 195 389) which holds an Australian Financial Services Licence, number 304962. eBay International (AG) Inc and eBay CS Vancouver Inc are authorised representatives ( numbers 308318 and 326597) of PayPal for the purpose of providing information about PayPal. eBay and PayPal are not acting as your agents, are not providing personal financial advice to you and do not take your individual circumstances into account in providing information about PayPal. You should consider the Product Disclosure Statement and Financial Services Guide before deciding to sign-up for or use the PayPal online payment service at https://www.PayPal.com.au

PayPal Buyer Protection and PayPal Seller Protection are also subject to the terms and conditions in PayPal's User Agreement, incorporating the Buyer Protection policy and Seller Protection policy which include details on eligibility criteria and the discretionary nature of the Policies.