PayPal Reviews

Pros

I like how they have crypto as an option along with cash and savings

Cons

Just wish bank transfers didnt cost anything

Alternatives Considered

Cash App

Reasons for Switching to PayPal

I chose it randomly honestly.

Pros

I like the easy of use, the ability to pay and receive transactions, being able to review transactions, send refunds, and search capabilities based on name.

Cons

Load times can sometimes be a little lengthy. I wish that each transaction confirmation also showed you the amount that paypal is receiving from each transaction, rather that having to go into the platform to chase down the information. Just include it with the emails. and also when you are charging someone for something, I wish that the PayPal cut would update in real-time so you can see exactly what you are needing to charge the customer. While that may seem like a minor thing, when you have a 50 or more transactions, that amount adds up to a more significant amount.

Alternatives Considered

Cash App and Venmo

Reasons for Switching to PayPal

I use them all. But this one feels the most secure.

Pros

I love that I can easily create invoices right through PayPal. And send those invoices to my customers.I also love that PayPal accepts credit card payments from customers. Competitors (e.g., Wise and Payoneer) don't quite compare when it comes to payment options.

Cons

PayPal charges exorbitant fees for transferring from your PayPal wallet to your bank. I've been charged up to $100 for a $1000 transfer. Which means that I have to price my services higher if customers want to send their payments through PayPal.Exchange fees are also pretty terrible compared to competitors.

Pros

There's a lot to love about PayPal, but recently I have loved the improvements made that has made it easier to use (especially for complicated API stuff).

Cons

Although there's not much to dislike, I would say that I find their fees a little high at times, but that's not a deal breaker by any means.

Alternatives Considered

Stripe

Reasons for Switching to PayPal

Actually, I use both PayPal and Stripe... I didn't choose one over the other.

Pros

PayPal is great because it's easy to use and nearly everyone else uses it too, so all my financial transactions are easy.

Cons

Sometimes the security becomes cumbersome but it's better than getting ripped off. I'll take some inconvenience over victimization from thieves.

Alternatives Considered

Stripe

Reasons for Switching to PayPal

I didn't really switch from Stripe, but the majority of my business is PayPal, simple for the ease of use and security.

Pros

Pay Pal is an easy to use payment processor for small businesses, organizations, and individuals. They have options to collect payments online, and in-person.

Cons

As we work with a lot of older donors, it is not a very user friendly service for them. Many older donors don't like creating an account with Paypal in order to donate. I think the process scares them because they feel like they will be sharing sensitive data online that could be captured by malevolent forces (crazy but true). It also doesn't give an option for donors to pay for the Credit Card fees themselves, instead of our organization eating the fees.

Pros

PayPal is very easy and simple to use, I enjoy using PayPal. You can easily receive payments from your family and friends.

Cons

No issues at all, everything is excellent from the banking to customer service it's all perfect. Highly recommended.

Pros

PayPal's reputation and consistency is what I like most about the service. Customers trust it and I can focus on other aspects of my business model with PayPal handling checkouts and invoicing.

Cons

There aren't many cons for PayPal, but if I were to identify one that impacts my business, it would be the accessibility of a live Customer Support service.

Alternatives Considered

Cash App

Reasons for Switching to PayPal

PayPal's setup was much easier than alternative products.

Pros

I really liked everything about PayPal, I liked the security and the ease of using the software the most, it is one of the best payment software I liked, the customer support is very good, the transitions are done very quickly, from all The deals I made with paypal have nothing to complain about, they were all good

Cons

What I have against only the steps when it comes to processing the payment, there are many steps and it takes time to complete

Alternatives Considered

Gmail

Reasons for Switching to PayPal

Because it was the only one that met my needs, and it was also the only one that I could use with ease.

Pros

It's easy to use and one of my first mobile wallets I have. It's something you should have because sometimes it's the only way to pay for purchases.

Cons

I believe the fees. I get the money in other platforms because of the fees that PP charges in every transaction.

Pros

Paypal is extremely easy to use and gives you step-by-step instructions on how to set up and get the most out of your account. They also have helpful add-ons for business owners, an easy invoice and payment set up and easy to read account information. Paypal also provides suggestions for other software you may find helpful and offers business tools that make it easy for anyone to use the service as a payment option for any type of non-adult entertainment related business.

Cons

In order to have a verified account, it must be connected to an actual bank account from another financial institution. If your account is not "Verified" there are limitations in place.

Alternatives Considered

Venmo

Reasons for Switching to PayPal

Paypal is more widely recognized, had more business related services and helpful tips, and was easier to understand how it works.

Pros

I used PayPal for years in getting money earned from Fiverr to my local bank account. It's such an easy and straightforward tool that I always recommended it to other sellers as well, as opposed to one of the competitors which at the time had very limited features. Easy to use, user-friendly and works great in making that connection between freelancing platforms and bank accounts. Even more, I also used it a lot in ordering online as it was very advantageous when I didn't want to wait for the bank to process the transfer..

Cons

Although I rarely had issues with PayPal, I did one time experience a very difficult situation as my account had to be verified by bank statements or bills that should show the address that I live at with my name on it. The bank that I was working on didn't have that option to include address and as a student at the time I didn't have any bills with the address on my name which made it very difficult. Took a lot of back and forth with customer support which is why I would recommend to have more options available to verify users rather than the standard ones which don't apply to any location world wide. However, this was just one time issue and every other interaction with PayPal has been highly positive.

Pros

The PayPal service is very easy and uncomplicated to use. The fast payment processing, invoice creation, and fraud protection, make it a great platform for anyone looking to start out whether it is in person to person business or eCommerce.

Cons

The only cons I can really think of is the fact that sometimes it is difficult to get a hold of an actual human person when you need a problem solved.

Alternatives Considered

Square Point of Sale and Shopify

Reasons for Switching to PayPal

I chose PayPal because it is a service I have used for many years and I know I can trust it. Also, there are somethings that I simply find PayPal to be more convenient in its function. Even though, I do also use Square Point of Sale, I find PayPal to be more convenient in on-the-go outsourcing and freelance situations because most everyone has PayPal and you don't have to ask them to whip out their credit card or whatever. They can just send you the money via PayPal.

Pros

PayPal has many positive things, I can receive and send money from anywhere in the world. With PayPal I can buy on EBay safely and instantly. There are also many websites that accept PayPal as a form of payment. In addition, I can send money to my family and friends. It is very easy to open an account and send and receive money, you only need the email of the other person and that's it, the money arrives instantly. Even if you have an associated PayPal bank account, you can withdraw the money to that account. Something I like is that I can create an invoice, customize it and send it to a customer. I can associate my debit or credit card with the account and that way I can make payments online without revealing the card details. The technical support is good, they try to help you when you have a problem, although I think they should improve a bit.

Cons

The bad thing about PayPal is that it is very delicate and for any suspicious reason they can limit the account, that is, you cannot send money to another person. That sometimes happens when you enter the account with another IP or in another country. If that happens you have to contact support and many times it takes too long to solve the problem. I would also like PayPal to have a chat system, that way you can solve problems that arise quickly.

Pros

Paypal is now widely recognised as a payment solution - reputation and trust are important when asking customers for payment - especially online. Paypal's key selling point is that users with a Paypal account do not have to enter card details on a website which makes the payment process safer for all concerned.

Paypal has a global presence and can accept payments in most countries that you are likely to be dealing with. As a market leader, Paypal has good integrations with 3rd party tools like shopping carts. If a payment processor is going to be supported by a third party, Paypal is likely near the top of the list.

Customers can make online payments without having a Paypal account. The virtual terminal feature is also useful for processing payments over the phone or setting up a web page for ad hoc payments.

The invoicing feature does a good job of tracking payments and reminders.

Cons

There can be occasional issues with late chargebacks and the resolution process is very much weighted against the merchant.

A Paypal business account works well for online sellers with a certain volume/value of transactions; if you have larger volumes/values, there are other payment processing solutions that may be more cost effective.

Pros

PayPal is the biggest online money transfer which makes it my best choice because I work with a number of people from almost every corner of the earth.

I love Its invoicing software. It takes away the hassle of creating invoices.

The mobile card reader is great too and I use it with my Mpesa to make payments when I'm in Kenya.
In this part of the World where other online payment systems are so inefficient, PayPal is such a life saver.
The shopping cart, the instant payment, the simple click and send, PayPal is simply awesome.

It would take me a whole day to write about the wonderful features of PayPal but it would equally take me the same time to write about cons.

Cons

I think its crazy to have your account limited or locked just because you have changed your IP address or you have changed your location.

PayPal annoys me by thinking that people must use the same device to login to PayPal all their life if they are to continue smoothly running their account.

If you travel to another country or log into your account with another PC, your account can be limited.

I know someone whoose account was locked with $5000 in it. Its been 1years since this happened and PayPal has never resolved the problem.

Yes they restore your account after verification but most of the time it takes them long to restore it yet its a hassle that can be avoided.

What is worse is that I have seen many people complain about this for some time now and PayPal hasn’t done anything about it.

Pros

I feel safe using Paypal. It is so easy to transfer funds and also keep funds safe in a separate account besides banking or savings. The paypal credit is great for emergencies to not have to pay interest for 6 months, and the new paypal cash card is a great backup to access funds as needed from any ATM. I love that I have the option to transfer funds to other accounts, and have one resource I can use to pay with ANY of my accounts instead of having to type in numbers from so many different cards. The speed in which funds are transferred for free is very fast, but to also have the option to pay a small fee for a faster transfer is helpful in emergency situations especially. It is SO easy to use and funds are immediately available by simply typing in an e-mail addy or using a paypal.me link. It's a perfect one stop to combine so many accounts together, send and receive money, save money, pay securely online, and request money. I use it personally, as does my non-profit. It saves my non-profit a lot of money by not having to have a credit card machine we use through the bank! It encourages people to donate because it is instant (so they don't forget or change their minds later) and so easy by not having to write out a check or get a money order. I love being able to see my payments and what I have received from where all in one spot. The option to return funds, request funds, or pay others all in one spot is so fast and easy! I LOVE paypal!

Cons

Sometimes I have some navigational issues on the site, but I don't know why because I've used it for so long! Otherwise, I really can't think of anything about Paypal that I don't like.

Pros

While receiving International Payments, PayPal is the only lifeline for me. I reside in India and there's no any international Payments Bank which is easy to use as PayPal is. Without PayPal, I would not have received any money from my side works. So basically, PayPal is the best and the only best payments platform which is available Globally and accepted nearly everywhere online and mostly everywhere Offline too. The best part of PayPal is that sending to anyone as well as receiving money is easy as just like sending and receiving text messages. The second best thing about PayPal is its interface which is easy and fully featured. PayPal informs everytime whenever there is an update to their site, privacy policy, terms and conditions, and when we receive or send money. The paypal mobile app is also very easy to use and has a very nice and featured interface. When it comes to security, PayPal stands very greatly... PayPal insures each and every payment is secured and encrypted. Joining PayPal in India is very easy as just like joining a social media site, to receive international Payments, Indians have to link their Pan Card and if they want to use it locally they will have to link Aadhaar Card as well. The verification process is fast as expected. In India, due to RBI regulations PayPal has made Automatic Transfer of funds from PayPal which is really way useful, because of it we don't have to care about withdrawing the funds as they are done automatically.

Cons

The only things I dislike about PayPal are :-
1) when we receive money we have to pay a little fee which is sometimes not so little . So, there's a rule that when a user receives money, he/she will have to pay a fee and in my opinion, the fee is sometimes too much than expected.

2) The PayPal International currency conversion is really not so good. I reside in India so here the currency is INR , and I mostly receive money in other currencies such like USD or GBP , so the problem is that the currency conversion occurs in a very bad way. Example, last time when I received money in USD, 1USD was actually equivalent to 69INR but PayPal did the currency exchange and gave me 67 INR for each USD. So, if we receive a little International payment, then the currency conversion fees will be just a little as negligible bit when we receive a high payment the currency conversion charge will be high too which could be proved less benefited for users.

Pros

PayPal opens the doors to securely managing money online quickly and easily. In many ways, this is a solution that's "set it and forget it" and it works great. For instance, adding a bank account or a credit card is a one-time process and once this is done, receiving and sending money is a breeze. One can even receive money without having first created an account. PayPal, being so omnipresent, is a wonderfully secure option to shop online on any well-known website and to receive money from family, friends or employers. Sharing a link to get paid a specific amount in any desired currency is a simple as using PayPal.Me, a nice additional feature available in the dashboard. This is a software that works equally well for personal and business use and one can upgrade their account without trouble. PayPal makes it easy to manage your money on their website by either using your available balance when buying online and also has options to transfer money from or to your bank accounts, which is a perfect bridge to the digital world. There even exists the possibility to fall back to paying with a credit card online when the PayPal balance is too low without needing to reveal the details of the credit card to the merchant.

Cons

I love this service, but I did have problems getting to validate mobile phones in foreign countries by not receiving SMS. For this reason, I had to skip the addition of my mobile phone to the account, meaning I cannot use it to recover access to my account if the need arises. I would also add that this is not an ideal service to be transferring money to your bank account on a regular basis as the fees do add up and for some reasons, this is sometimes flagged as a fraudulent behavior when the money is being transferred from one PayPal account to another before making the deposit to the bank account. In my experience, one gets much more benefits in limiting its use to online transactions.

Pros

Using PayPal is easy and consumer friendly. Their help section is also very usable and informative. Payment can be taken from people with or without a PayPal account. The interface is intuitive and easy to navigate. There is also the ability to swipe credit cards in person. The basic device is provided at no charge and works with almost any smartphone. Its portability makes it a must have for businesses that are mobile. Processing of payments is easy for the consumer or whoever is paying you. I haven’t run across a bank that isn’t PayPal friendly. The app is a “light” version of the website, so there are a couple things that aren’t available but it still has a nice phone or tablet interface. Almost any information can be found from within. They are also informative with what's happening with funds with just a glance. Their transaction notifications are also on point.

Cons

The amount of verification required is a bit much, but considering the world today and corporations need to deflect blame when situations arise, they are thorough. I am a non-profit and has a bit of an issue with our status within the system. I got a couple form emails when inquiring but eventually got someone that could direct me. Talking to a person can be an issue but once you’re up and running, things go smooth. For a person to use PayPal and not force the organization they’re paying to incur a fee; the person must have a PayPal account. Many people are shy about putting their banking information permanently online but still use the service. I would like for PayPal to allow me to see my incoming payments comment section without having to click on it even though all other sections appear when printing. I would also like to be able to make my own report with what I need. There are several canned reports that don’t give me everything I want the way I want it, but I work around it. None of these issues are a deal breaker for me.

Pros

Paypal is such a trusted source from the website to their app. They are easy to setup, anyone with a bank account can do this in 10 minutes maximum. They keep all your information secure and encrypted. They have to be the best way to get paid online as well as send money anywhere in the world. I can send money in seconds to my bank account as well as my fiance when he is overseas. It is good in business format which I have gotten to use as well. I even get a credit card so I can use it like any other debit card out and about. They also have a option for paypal credit for people that have shown loyalty and have descent enough credit not perfect but income to pay back they give you the chance. They are better than any loan company and their interests are much lower as well. You can use paypal to sell things with or just friends and family. You can have anyone anywhere send you money with just a simple link to your account which makes things easier to take donations. They have tools to use like for your websites and such as well. The customer service is amazing. They are spot on and go out of their way to help you with whatever issue you have. They also are fast to fix a fraudulent company taking money from you. Had this happen in the past after I got off the phone with them it was back in my paypal and they took care of the rest. This is a company that has showed me they value their customers. Anyone who wants a company they can trust with their money Paypal is it.

Cons

If you plan to use with any adult nature with this company it is not allowed. If it is any adult themed so if you look for to use for the adult industry jobs then you might have to look elsewhere. This is the only con I have yet to find.

Pros

Get paid instantly, manage your money, send invoices to your customers and clients, pay using those funds on all the online stores that accept PayPal.
With all the different options for sourcing funds, it is easy to jump from your credit card to your checking account if you desire to do so.
Their app works fast, it is reliable and allows me opening it anywhere to check my balance and even get alerts when an invoice has been sent or paid.
As a buyer, it is probably my first choice whenever I make online purchases, for safety, because I don't really like writing down my credit card details on every single store I shop at, and because it is faster, saves me time from introducing numbers and codes as everything is recorded and verified already.

Cons

As a seller, this can be tricky, specially when selling items on Ebay.
In fact, PayPal is what keeps me from selling anything there.
If you are unlucky enough to sell your collectibles, antiques or your hard work to a smart guy, they will report the item as "not as pictured", "not as expected" or any other excuses they might find creative and PayPal will ALWAYS be on their side.
I have lost a few thousand dollars thanks to PayPal and their policies and these buyers with no morals.

They are not forced to return the item, money will be returned no matter what you say, even shipping charges, and you can say whatever you want, PayPal just doesn't care about sellers AT ALL.
I can say without hesitation that PayPal has killed the hobby collector, the artisan and those small honest sellers that loved selling their products online, specially Ebay.

And this without even mentioning the "fake fakes" hunters. I tried to sell authentic Designer clothing and shoes and my items were literally stolen.
Buyer reports your item as a counterfeit and you will lose your money and the item.
They are only suggested to destroy it. Yes, right... like that is ever going to happen.

Pros

We chose PayPal because it has a history and a reputation. Although there are plenty of others out there, we felt most secure in a company with its reputation. It was a little tricky to set up because of financial security concerns, but we received the help we needed and it didn't take too long. PayPal has lots of options but we only use some basic ones: we use it on our website to allow people to pay for their retreat and program registrations. It interfaces nicely with Retreat Booking Guru which we began using at the same time. We have a choice between doing a daily "sweep" of our funds into our bank account, or doing it manually ourselves. To date we do it manually. I'm in charge of this, and at the same time I do a money transfer, I print out a PayPal report for our bookkeeper so that she knows what's happening. She of course sees our bank statements, but my reports help her make sense of them. Because we are a nonprofit, we get a lower rate than a commercial enterprise would. The monthly rate we pay in addition is a fair one, we think, and there is no charge for transferring funds to our bank. We like PayPal; it seems to work very well and it is a big help to us.

Cons

I'm not impressed with the reports generated by PayPal. I have a choice of downloading a report they generate, which doesn't have all the information I'd like, or simply printing what shows on the Activity page. When I do that, the column headings are shifted so they aren't over the right columns. But at least I get the info I want and in a font large enough to read. In the overall picture, this is something I can live with.

Pros

I've been using Paypal for several years now ever since I started my online shopping adventures. Paypal offers many pros of using their service. One of my favorites, and the ease of being able to have my money in my paypal balance and be able to shop literally on several sites which allows me to choose paypal as my payment method with ease. Also, paypal offers secure transactions that are made quick, and not to mention buyer protection on all of your orders, no matter what site you are using, you will be protected. I'm a heavy user of ebay, and Paypal has protected me many of times when I came upon scam sellers on ebay who took off with my money, but since I used paypal as my preferred method , I was able to dispute it with them and they helped get my money back. Another awesome pro about Paypal is that they offer their Papyal Mastercard which you can receive % cashback whenever you use your card. This has earned me soooo much cashback over the years, it accumulates over a month, each month you get a nice chunk of change back.

Paypal also offers features for business owners, and invoicing features to help move your online business and transactions along easily. In my previous jobs, I've utilized Paypal in creating invoices for my customers, and managing all kinds of transactions. If you plan to start doing online shopping , I highly suggest signing up with Paypal, they are trustworthy and will have your back if you run into trouble.

Cons

The cons for Paypal are little to none to be honest. Only thing I would say would be their customer service. It isnt the fastest to get ahold of someone, but when you do they do indeed help you out.

Pros

Paypal is distinguished in terms of sending and receiving money, as it contributes to facilitating many things first regarding the process of sending money quickly, safely and reliably because before it was difficult to send money from one place to another while you are in your place very quickly, but the Paypal site came and facilitated this task and from Among the advantages of Paypal also is the ease of browsing and using the site so that you can move between all its different sections easily and smoothly without any cramps, and also the Paypal site guarantees you a refund of your money in the event someone swindles you or steals your money and also what I like about the Paypal site is the multiplicity The languages ​​used in it, which contribute to facilitating the process of understanding and dealing with it without problems, in addition to that, the Paypal site is used in most websites, in addition to that, you can buy with your bank card using Paypal in order to ensure that you are not defrauded or your money stolen unlike the purchase By using the bank card directly, because in this case you will not be able to recover your money in the event that you are swindled or your money stolen

Cons

Among the negative aspects of the Paypal site is its relatively high commission for sending money, in addition to that, in many cases, various problems occur during the process of sending money from a Paypal account to another account or through withdrawal to a bank card without mentioning the reason for this. The problem is making it difficult to send money, and when you want to communicate with them in order to solve this problem, there are difficulties in terms of quick communication and quick response, and also among the negative things is that the funds are frozen for a certain period that varies for several reasons, whether it is from one Paypal account to another or in terms of a source of reception Money wasting a lot of time.
In addition to that, the account is sometimes frozen for a period of 180 days, or sometimes they require you to send some commercial documents or the national identity card in order to release the presence on your account