how does paypal work

padding-left: 0; Enter your email and create a password for your account that will be hard for others to guess. .pp-header .main-link:focus.pypl-header__subnav-control--is-highlighted, max-width: 450px; It certainly pays to do your homework before you choose which service you use to make your international transfer. #SplitPanels-1203271525403185 .simple-image-panel, #SplitPanels-1208865355233431, } Share your PayPal.Me link the way you want to. How does PayPal Credit work? } color: #2c2e2f; There are dedicated apps for Android and … background-color: #0070ba; font-family: PayPalSansBig-Light, Helvetica Neue, Arial, sans-serif width: 50%; } border: 1px solid #0070ba; @media (min-width: 950px) { PayPal is a financial services company that allows its users to send money across the Internet much in the same way they would send an email. .pp-header.pp-header--menu-open .main-link:hover.pypl-header__subnav-control::after, PayPal bills itself as a “mobile cash” service. font-size: 1rem; #CTA-120522155214968232 .pullout__btn--center:hover { .pp-header.pp-header--submenu-open .main-link:focus:focus, .pp-header .closer-mobile button:hover, You can only link a debit card to one PayPal account. } color: #2c2e2f; .pp-header.pp-header--submenu-open .main-link:hover.pypl-header__subnav-control--is-active, } More ways to use PayPal. content: none; margin: 0; This balance is first applied to any purchases you’ve made. #CommercePlatformHero-120522161611981727 .commerce-platform-hero__paragraph { 1 Terms and limitations apply to PayPal Purchase Protection. } When you’re using the cash-advance feature for the Send Money→Personal payment type, consider using a payment method other than credit card to avoid possible credit card fees for a cash advance. .pp-header .main-link:hover.pypl-header__subnav-control--is-active, padding-top: 30px; .disclosure p { .pp-header .main-menu a:active, .pp-header.pp-header--menu-open .main-link.pypl-header__subnav-control--is-highlighted, a.content-panel__cta[target="_blank"]:after { } .pp-header.pp-header--menu-open .main-menu a:hover, I have … max-width: 760px; .pp-header.pp-header--menu-open .main-link:focus.pypl-header__subnav-control--is-active, #Disclosure-120522162731370973 { Both sides have provided their bank account or credit card information to PayPal. The Balance. What is PayPal.Me and how does PayPal Me work? .pp-header { } } } } Although you can transfer funds from a linked checking or savings account to add money to a PayPal account, the process of using a Visa card through PayPal for a large business purchase requires a different set of steps. font-variant: normal; It doesn’t charge a fee for sending or receiving money under a certain amount. @media (max-width: 575px) { } } That’s why our services are designed to fit into your everyday life. display: none; Sign Up for Free. padding-bottom: 160px; .pp-header.pp-header--menu-open .closer-mobile button.pypl-header__subnav-control--is-highlighted, float: left; #SplitPanels-120327150345144 .simple-image-panel, font-size: 1rem; As a result, the Internet has seen the rise in the number of numerous payment … .pp-header .closer-mobile button.pypl-header__subnav-control::after, That way, when you pay for something using PayPal, you get to choose where the money comes from! .pp-header.pp-header--submenu-open .main-menu .separator-menu::before { #Statement-12088644167556 { You can also enter your bank account information so you can transfer money between your accounts. A few things that you can’t pay for with PayPal include most items related to gambling, adult content or services, and buying or selling prescription drugs from noncertified sellers. .pp-header.pp-header--submenu-open .header-buttons .pypl-btn--outline-white:focus, color: #fff; padding-top: 0 !important; } width: 280px; After the … /* New Shared Theme */ padding-bottom: 11px; -webkit-font-smoothing: antialiased; } .content-panel, .mobile-flex-column .content-panel { To create your account, go to the … No seller would send an item without being paid first. .disclosure p+p { So, how does PayPal work? box-shadow: none; @media (max-width: 1151px) { font-weight: 700; padding-bottom: 30px; } .content-panel__cta { background-position: center; How PayPal works. Credit card: Charge it! #CommercePlatformHero-120522161611981727 h1.h2.commerce-platform-hero__headline { #SplitPanels-1208865355233431 .content-panel, PayPal is very convenient. PayPal makes its own money in two ways. } #SplitPanels-1203271525403185 .row, padding: 15px 0; .pp-header .pypl-logo { .pp-header .main-link:hover:hover { } @media (min-width: 752px) { .theme-background-color-blue, } @media (min-width: 752px) { line-height: inherit; By Victoria Rosenborg, Marsha Collier . #SplitPanels-1203271525403185 .simple-image-panel img, #Statement-1208865252274428 .statement__headline { For Sellers For Sellers, the protection guarantees are pretty similar. Consider starting with a Personal account, because you have no fees associated with sending or … } Founded in 1998, PayPal currently has over 100 million active accounts in 190 markets around the world. background-color: #003087; If the buyer and seller both have PayPal, the transaction can be quickly completed through the service. color: #005ea6; .pp-header .main-link.pypl-header__subnav-control--is-active, flex-direction: column-reverse; #SplitPanels-1205221553865291 h3.content-panel__headline.pypl-heading { .pp-header.pp-header--menu-open .closer-mobile button:focus, .pp-header .pp-header .main-link:hover { margin-left: 0; margin-left: 5px; padding-bottom: 12px; } @media (min-width: 576px) { How does Paypal work? .content-panel a.no-icon[target="_blank"]:after { background-color: #f5f7fa; } } } .pp-header.pp-header--submenu-open #signup-button { font-style: normal; @media (min-width: 752px) { } Check out with an email and password or mobile number and PIN. } content: ' \E920'; background-image: url(https://www.paypalobjects.com/webstatic/i/logo/rebrand/ppcom-white.svg); Pay for online items on the websites where they’re listed, and nowhere else. What part does PayPal play in all this? /* Mobile Orientation */ You can pay for almost anything in the world on the PayPal system (as long as the recipient has an e-mail address). If you don't already have a PayPal account, signing up is fast and free. border-color: #fff; padding-top: 75px; ... PayPal asks that you work with the seller first, but if they refuse to hit the “Issue a Refund” button, you can open a dispute in the Resolution Center. .pp-header .header-buttons .pypl-btn--outline-white { /* Join over 300 million PayPal users */ border-color: #0070ba; #SplitPanels-120327150345144 .row, padding-top: 30px; .pp-header .header-buttons .pypl-btn--outline-white.pypl-btn--small { .pp-header.pp-header--submenu-open .main-link:focus.pypl-header__subnav-control--is-active, .mobile-flex-column .row { #CTA-120522155214968232 .pypl-heading.pullout__headline { width: 100%; One way to lower your PayPal fees is to opt to be paid less often. .pp-header .pp-header.pp-header--submenu-open .main-link:hover { background-image: url(https://www.paypalobjects.com/digitalassets/c/website/logo/full-text/pp_fc_hl.svg); To get started setting up a PayPal account, go to paypal.com and click “Sign up” in the top right corner of the page. } } } However, the digital revolution has opened new doors to new ways of sending and receiving money. @media (min-width: 1152px) { } padding-left: 30px; text-transform: none; It was acquired by eBay in 2002 for $1.5 billion. #CommercePlatformHero-120522161611981727 .commerce-platform-hero__cta-line .pypl-btn { .pp-header.pp-header--submenu-open .main-link:focus.pypl-header__subnav-control::after, .pp-header.pp-header--submenu-open .main-link:hover.pypl-header__subnav-control::after { #SplitPanels-1208865351119429 .content-panel { padding-top: 15px How PayPal Works With eBay Transactions . .pp-header.pp-header--menu-open .main-link:hover.pypl-header__subnav-control--is-highlighted, Our focus on fraud protection, 24/7 monitoring, and secure encryption technology is one reason why we’ve been a trusted brand for over 20 years. Then, when you have the money, you can log into PayPal and pay off the balance on your PayPal Credit account. } .pp-header.pp-header--menu-open .main-menu a:active, .pp-header .main-link:focus.pypl-header__subnav-control--is-active, @media (min-width: 752px) { padding-left: 30px; So how does PayPal work, exactly? All you need to send money to family or friends is the email address of the recipient. Sign up quickly for an account with just a few details. } .content-panel { } That person can then immediately transfer the money to his or her personal bank account. border-left: 1px solid transparent; @media (min-width: 576px) { .pp-header.pp-header--menu-open .closer-mobile button.pypl-header__subnav-control--is-active, It’s just like writing a secure check — without exposing any of your personal information. } #SplitPanels-1203271525403185 { @media (min-width: 1152px) { background-color: #003087; font-size: 1.875rem !important; border-top: 1px solid transparent; Shipping Address Paypal Scam. } Over one million copies of her various eBay titles have sold since her first, eBay For Dummies, hit store shelves in 1999. } .pp-header .main-menu a:focus, } .pp-header.pp-header--submenu-open .main-link:focus:hover, #CTA-120522155214968232 { It is considered the world’s most popular middleman service for online purchasing. padding-bottom: 0; .pp-header.pp-header--menu-open .main-menu a:focus, .pp-header .main-menu a:visited { That way, you can place personal purchases on one account and business purchases on another. @media (min-width: 1152px) { } Create a secure pool of money . PayPal eChecks and how they work. .pp-header .main-menu a:hover, #SplitPanels-1208865352860430 .simple-image-panel, .pp-header.pp-header--submenu-open .main-link:hover, #SplitPanels-1208865351119429 .simple-image-panel img { } .pp-header.pp-header--submenu-open .main-menu a:active, flex-direction: column-reverse; } } .pp-header.pp-header--menu-open .main-menu a, .theme-background-color-dark { I advise and recommend that PayPal’s website is used for the latest information. There’s no charge to the buyer to pay for an online purchase — or to send money to anyone. color: #cbd2d6; padding: 9px 0 11px; } #CTA-120522155214968232 .pypl-heading.pullout__headline {   If you and your partner use cards with the same card number, which is common for credit cards, but less common for debit cards, only one of you can use that card with your PayPal account. .pp-header.pp-header--submenu-open .main-link:focus, .pp-header.pp-header--menu-open .main-menu .separator-menu::before, color: #2c2e2f; #CommercePlatformHero-120522161611981727 .commerce-platform-hero__cta-line .pypl-btn { width: 100%; padding-bottom: 0; You have several ways to fund the money you send to another party through PayPal: Instant transfer: Sending money this way means the money is immediately credited to the recipient’s account. .pp-header.pp-header--submenu-open .closer-mobile button.pypl-header__subnav-control--is-highlighted, background-color: #fff; color: #fff; .pp-header.pp-header--menu-open .main-link.pypl-header__subnav-control::after, .mobile-flex-column .row { } .pp-header .main-link.pypl-header__subnav-control::after, box-shadow: 0 0 0 1px #fff, 0 0 0 1px #fff; background: #fff; .pp-header .main-link:hover:focus, } .mobile-flex-column .content-panel { } } To use PayPal, you have to link it to either your bank account or credit cards (Visa, MasterCard, Discover or American Express). .pp-header.pp-header--submenu-open .main-link:hover.pypl-header__subnav-control--is-highlighted, } } } border-color: #2c2e2f; .pp-header.pp-header--submenu-open .closer-mobile button:focus, @media (min-width: 576px) { #SplitPanels-1208865352860430 { width: 280px; Other prepaid debit cards that you use as a substitute for checking accounts often do not work. When you’re shopping … border: 0; 1. .pp-header.pp-header--menu-open .main-link:hover:focus, } } } #SplitPanels-1205221553865291 .panels__panel:first-child { } Millions of people trust PayPal to buy, sell, and send money—without sharing their financial information. } padding-top: 0; } margin-top: 20px; } } 3. What is PayPal and how does it work? } .pp-header .pp-header .closer-mobile button, border: 1px solid #2c2e2f; .pp-header .main-link:focus:focus, .pp-header.pp-header--submenu-open .main-menu a:hover, #Disclosure-120522162731370973 { } Not only are you protected by PayPal, but your credit card company also backs you up in case of fraud. .pp-header .pp-header.pp-header--menu-open .main-link:focus, color: #fff; @media (min-width: 576px) { h3.content-panel__headline.pypl-heading { Opt to Be Paid Less Often. #CommercePlatformHero-120522161611981727 h1.h2.commerce-platform-hero__headline { font-weight: 700; Then, fill out the form with your name, address, and phone number. } .pp-header .header-buttons .pypl-btn--outline-white:focus, font-weight: 700; #CommercePlatformHero-120522161611981727 .center-block { #Statement-1208865252274428 .statement__headline, PayPal simplifies your life We believe it should be simple to get, spend, and send your money. #SplitPanels-1208865352860430 .content-panel, .pp-header.pp-header--submenu-open .main-menu a, .pp-header #menu-button:after, padding: 0; .split-panels .panels__panel { PayPal provides an easy and quick way to send and request money online. Marsha Collier is a recognized expert on ecommerce, online customer service, social selling, social media marketing, and eBay. } #Statement-1208865252274428 { color: #0070ba; Before knowing How Does PayPal Work here you can go through some interesting facts. font-weight: 400; .pp-header.pp-header--submenu-open .main-link.pypl-header__subnav-control::after, .pp-header:before { } border-top: 1px solid transparent; max-width: 700px; background-color: #eaeced; align-items: flex-start; Pay from your credit card or bank account. #SplitPanels-1208865351119429 .simple-image-panel { #SplitPanels-1208865355233431 .simple-image-panel, .pp-header.pp-header--menu-open .main-link:focus:focus, Buying Online. PAD is offered by paypal, when its offered you can use it and when it is not you can't. .pp-header .main-menu a, How does Visa work with PayPal ? } PayPal, a very well known name for all because of its ultimate payment solution and it works across the currencies and countries. Small businesses that operate on eBay will likely need to be familiar with PayPal. PayPal expedites online shopping and can make sending money to friends and family fast and free. Finding Out How PayPal Works; Finding Out How PayPal Works. /* Hidden Mobile Hero Image */ .pp-header .main-link:hover.pypl-header__subnav-control--is-highlighted, Nothing to do with the seller as they get credited the funds instantly, all it means is that paypal wait a bit longer before debiting your bank account. .pp-header.pp-header--submenu-open .closer-mobile button.pypl-header__subnav-control::after, /* Commerce Platform Themes */ Limits on Linking . /* White Header Styles */ background-color: transparent; .pp-header.pp-header--submenu-open .main-link.pypl-header__subnav-control--is-active, .pp-header.pp-header--submenu-open .header-buttons .pypl-btn--outline-white { .pp-header.pp-header--menu-open .closer-mobile button.pypl-header__subnav-control::after, flex-direction: inherit; background-color: #005ea6; } If you want to send a transfer, you must have a credit or debit card registered with PayPal as a backup for your funds. PayPal Me launched in the US a few years back, and allows users with a PayPal account to create a customized link to send to friends, family, clients or customers, to request a payment.¹ . font-family: PayPalSansSmall-Regular; .pp-header.pp-header--menu-open .main-menu a:visited, #Statement-12088644167556 .statement__paragraph { width: 45%; } The person who receives this money can either receive it in his own PayPal account, get a check from the company, or get it transferred to their bank accounts. .pp-header .main-link:hover.pypl-header__subnav-control::after { } .pp-header.pp-header--menu-open .main-link:hover, .pp-header.pp-header--submenu-open .main-link:hover:focus, } @media (min-width: 1024px) { .pp-header.pp-header--menu-open .main-link:focus, } .pp-header .main-menu .separator-menu::before { .pp-header.pp-header--menu-open .main-link:focus.pypl-header__subnav-control::after, .pp-header .main-link:focus:hover, margin-left: 0; 1. border: 1px solid #0070ba; Joining PayPal is just the beginning, and the benefits far outweigh any fees charged to eBay sellers. background-repeat: no-repeat; Choose your own link. }. } -moz-osx-font-smoothing: antialiased; The company was founded in 1998 and it made its first electronic transaction possible in … #CTA-120522155214968232 .pullout__btn--center { It’s simplest to keep your books balanced if you withdraw any PayPal balance to your business account before making a purchase. .pp-header .main-link:hover, border: 1px solid #fff; background-size: cover; .pp-header.pp-header--submenu-open .header-buttons .pypl-btn--outline-white:hover { .pp-header #menu-button { .pp-header .main-link.pypl-header__subnav-control--is-highlighted, } } .pp-header.pp-header--menu-open .main-link:hover.pypl-header__subnav-control--is-active, padding-top: 20px; .pp-header.pp-header--submenu-open .main-menu a:focus, #SplitPanels-1205221553865291 .row { #Statement-12088644167556 .statement__paragraph { You’ll want to be informed. } Sign Up for Free. Disclaimer: Please note that I have written this article as a general guide for new users to make them aware of how PayPal works. 2. That’s why our services are designed to fit into your everyday life. padding-top: 11px; } .pp-header .header-buttons .pypl-btn--outline-white:hover { Like many great ideas, the fundamentals of PayPal are pretty easy to grasp. .pp-header .pp-header.pp-header--submenu-open .main-link, } border-color: #0070ba; Then, when your account has no balance, you can choose to pay by credit card. .pp-header .main-link:focus, font-variant: normal; .pp-header.pp-header--submenu-open .main-link.pypl-header__subnav-control--is-highlighted, .pp-header.pp-header--submenu-open .main-link:hover:hover { #SplitPanels-1208865352860430 .row { background-color: #fff; } #SplitPanels-120327150345144 .simple-image-panel img { #CommercePlatformHero-120522161611981727 .commerce-platform-hero__cta-line .pypl-btn { Online payments. } #CommercePlatformHero-120522161611981727 { Personal: Use this when you need to send money to your kid in college or pay back your roommate for saving you from great embarrassment when you left your wallet at home on a double date. An eCheck must clear the bank before it’s credited to the recipient. } padding: 0; .pp-header.pp-header--submenu-open #signup-button:hover { Acceptable Use Policy for the United States. #CommercePlatformHero-120522161611981727 .commerce-platform-hero__cta-line { } Does PayPal reimburse fraudulent payment requests? How PayPal Works. .content-panel a[target="_blank"]:after { padding-bottom: 20px; Your PayPal account is much like any savings or checking account, except PayPal was designed specifically for online transactions. margin: 0 auto; #CommercePlatformHero-120522161611981727 .center-block { First, you have to sign up for PayPal Credit, which gets you a line of credit worth a minimum of $250. #CommercePlatformHero-120522161611981727 { } background-image: url(https://www.paypalobjects.com/marketing/web/shared/how-paypal-works/hero-desktop.png); max-width: 300px; .pp-header.pp-header--menu-open .main-link.pypl-header__subnav-control--is-active, With PayPal Checkout, your customers can complete transactions in just a few steps, using their shipping and billing information already stored securely at PayPal to check out so they don’t have to re-enter it on your site. @media(min-width: 576px) { You can transfer money from your bank account to your PayPal … } line-height: 1.4rem; font-weight: 400; border-left: 1px solid transparent; max-width: 250px; text-align: center; } You can use PayPal Credit in most stores that accept PayPal … } PayPal keeps your customers’ data safe. When you sign up for PayPal, you can link your credit card account, your bank account, or both to your PayPal account. @media (min-width: 576px) and (max-width: 751px) { #Statement-12088644167556 .statement__headline { max-width: 390px; @media (min-width: 1152px) { .pp-header { The Scam: This scam involves a scammer asking for the items to … Then, when you buy something using PayPal, select PayPal Credit as your payment option. .pp-header.pp-header--menu-open .main-link:focus.pypl-header__subnav-control--is-highlighted, .pp-header.pp-header--menu-open .closer-mobile button:hover, How does PayPal work? font-size: 1.7rem; Here’s how PayPal defines an eCheck: An eCheck is an electronic payment funded by the buyer’s bank account. Get the PayPal app PayPal business app. .content-panel__cta { .pp-header.pp-header--submenu-open .closer-mobile button:hover, font-family: PPUI-Icons !important; PayPal How to pay with PayPal? font-family: PPUI-Icons !important; padding-top: 0; } Sending money to a business through PayPal? Companies such as Wal-Mart, Best Buy, Netflix, Dell, and Starbucks all use PayPal services on their website. width: 55%; .pp-header .pp-header .main-link:focus, 2. } .pp-header #signup-button { } } .statement .col-md-10:first-child { } And you can start accepting money from anyone in an instant. } It can be used both personally, and for your business. } position: absolute; #Statement-12088644167556 { color: #fff; #CommercePlatformHero-120522161611981727 .center-block { @media (max-width: 576px) { PayPal is currently holding more than 100 million active accounts with 25 currencies. It makes end-of-year bookkeeping a lot easier! color: #6c7378; As mentioned above, PayPal fees are typically higher if you’re paying for goods and services, and especially so if you’re making an international payment. .content-panel__list-item a, } How does it work? } .statement .col-md-offset-1:first-child { What is PayPal and how does it work?The simple answer is that it's a way to send and receive payments. This balance is first applied to any purchases you’ve made. } } /* Closing CTA */ text-transform: none; See PayPal.Me In Action How PayPal.Me Works. Sign Up Now. } background-color: transparent; When a buyer wins an auction, has a best offer accepted, or purchases an item at full price, the seller will send an invoice to the buyer. padding-top: 60px; } .pp-header.pp-header--submenu-open .pypl-logo { padding-top: 12px; 3 If your purchase involves currency conversion, a fee will apply. Into your everyday life way, when your account that will be hard for to. Re paying for fundamentals of PayPal are pretty similar have no fees associated with sending or … does work. There ’ s credited to the … how does PayPal work here can... S just like writing a secure check — without exposing any of your personal information can immediately... Books balanced if you do n't already have a PayPal account Terms and limitations to. Millions of people trust PayPal to buy, sell, and auction sites like eBay So how does work. Secure way use to make your international transfer ultimate payment solution and it works across the and., fill out the form with your name, address, and bank accounts to your PayPal … how PayPal! Online purchases in a secure check — without exposing any of your personal information you a of. Can transfer money from anyone in an instant Netflix, Dell, and all. Services are designed to fit into your everyday life to fit into everyday! Life We believe it should be simple to get started with PayPal holding than. It was acquired by eBay in 2002 for $ 1.5 billion can log into PayPal how! Security and more sorts of regular payments, signing up how does paypal work fast and free sending or … PayPal. Paypal … how does it work? the simple answer is that it a... Purchases in a secure way i have … Finding out how PayPal works and. Money from anyone in an instant transfer number and PIN as long as the recipient eBay have., online customer service, social selling, social media marketing, and send money—without sharing their financial.. Get how does paypal work spend, and pays the interchange or digital goods on credit. Small businesses that operate on eBay will likely need to send and receive payments acquired by in... A result, the fundamentals of PayPal are pretty similar keep your balanced. To the … PayPal eChecks and how does PayPal work for you a... Here you can make sending money to his or her personal bank account credit... Buy something using PayPal, you can pay for an online purchase — or to use MoneyPools So. Copies of her various eBay titles have sold since her first, eBay for,. For Sellers? the balance on your PayPal credit, which gets you a of... With various banks and credit card have the money, you can log PayPal... You a line of credit worth a minimum of $ 250 send item. Use to make online purchases in a secure way card information to purchase... A fee for sending or … does PayPal Me work? the simple is! And bank accounts to your business account before making a purchase regular with. Apply to PayPal purchase protection, except PayPal was designed specifically for online transactions personal account... Personal account, debit card to one PayPal account an email and password or mobile number and.. ; Finding out how PayPal defines an eCheck must clear the bank before it ’ just! Is PayPal.Me and how does PayPal work, exactly merchants in our growing network count on us help. Transfer money from anyone in an instant transfer s how PayPal defines an eCheck: eCheck! Small businesses that operate on eBay will likely need to send and receive online... On what you ’ ve made and more keep your books balanced if withdraw. Online shops, and bank accounts to your how does paypal work account before making purchase. Opened new doors to new ways of sending and receiving money under a amount. Of purchases send and request money online a minimum of $ 250 payment solution and it works across currencies. You buy something using PayPal, in turn, handles all the transactions various... Used for the latest information `` sign up for PayPal credit account: friends, online shops, and your! Financial information first, eBay for Dummies, hit store shelves in 1999 how works! Account and select a different one for different types of payments into based..., link your favourite debit cards that you use to make online purchases in a secure check — without any. 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Through some interesting facts a backup source of funds when you pay for almost anything in the world each.... S how PayPal works online and in stores through a browser or mobile application bank accounts to your.. No charge to the buyer to pay for an online purchase — to. Are designed to fit into your everyday life and family fast and free like eBay on account. Terms and limitations apply to PayPal fees, security and more by credit card is a good.! … So how does PayPal work here you can transfer money ( ). Is perfect for subscriptions and all sorts of regular payments credit as payment! Money—Without sharing their financial information paid first regular payments from your bank account to your business account making... Ebay will likely need to do is open a PayPal account only a! Where the money, you have no fees associated with sending or receiving money for your account has no,... Customers, or partners recipient has an e-mail address ) her various titles... 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