A specific individual’s identifier on a popular online payment system combines a personal name with the service provider’s domain. This unique string serves as the destination for receiving funds through the platform. For example, it allows others to send payments directly, much like a bank account number facilitates traditional transfers.
This identifier is crucial for conducting online transactions securely and efficiently. Its existence streamlines the process of sending and receiving money without revealing sensitive financial details. The concept developed alongside the rise of e-commerce, addressing the need for a trusted intermediary to handle online payments. This advancement has significantly lowered barriers to entry for businesses operating on the internet and improved financial interactions for countless individuals.