Yes, you tell people e-mail adress and this is all info they need to send you money.
There are more levels of PayPal accounts. Personal and Business. They also can be Veryfied, Primary...You have diferent benefits or limitations by using a particular "type". There are different tasks...
Notice also:
- PayPal doesn't allow to open accounts in some countries. In other countries you can open it but you can't received funds on it, you can only send them...That means that many customers will not be able to pay you via PayPal. I'm pretty sure you've already heard for
e-gold. It's simple, anyone can open it, fees are only 1%, all payments are final (no charge back). Try also
moneybookers. It's popular, many people use it.
- PayPal has some chargeback options: Someone who sent you money, can take it back during certain period after payment.
Look on
PayPal Home Page. Check also links on the bottom of their site.