"No", "No", and "NO". Parasailing is what you do at a beach, in a modified round parachute tied to a boat or a jeep. You get dragged around like a sack of potatoes. You are not in control, very unlike a pilot. (If you want to really offend a paragliding pilot, refer to their sport as "parasailing".)
Parachutes are designed only to descend, to be deployed during free-fall from an airplane and to then descend to the ground. By contrast, paraglider pilots launch from gentle hillsides with their gliders already opened for flight; if the glider isn't flying properly, the launch can be aborted before leaving the ground. Since paragliders do not have to withstand the stresses of free-fall deployment, they are much lighter and aerodynamic and are designed to go up rather than down