that is what I have done, set up and acct just for online payments, I know some say they have had problems with paypal. I have never had any.. But keep in mind and use the security others have said (always)
A pebble, in the right place can prevent an Avalanche.
i've got a payapl debit card and can withdraw $400 a day from my account. if you use it in an atm you pay double fees( bank & pp ) if you go to a teller for an advance( it's really not, it's your $$) no fees.