PayPal Reviews

Pros

I like PayPal for some reasons. Among the reasons for which I like PayPal include:

1. Ability to make payments without exposing my credit card details: Credit card fraud and identity theft is a trending menace nowadays. One is at a very high risk of having his/her credit card information stolen when the card is used on insecure websites. With PayPal I don't have to bother about my credit card information as I only have to sign in to my PayPal account and then proceed to making payment without having to expose my credit card information on the third-party website.

2. Ability to receive payment using only an email address: I love it that I can use my verified PayPal account's email address to receive money from anyone with a PayPal account.

3. Ability to integrate PayPal payment processor without much technicalities involves: I was able to integrate the PayPal payment processor to my ecommerce website in just a few minutes without having to do much technical stuffs.

4. Moderate payment processing charges: The charges by PayPal while using their payment gateway is moderate compared to that of some other payment processors. I had tried using a payment processor whose charges were quite high.

Cons

I have some problems with PayPal.

One of the problems is that PayPal is not available is some countries, and this is a limitation to expanding to such countries.

Secondly, PayPal have an history of limiting people's accounts for some hard to understand reasons. The issue is that once an account is limited, it is very hard or impossible to get back the money in the account.

Alternatives Considered

Reasons for Switching to PayPal

Pros

Easy to use, and easy to track transactions

Cons

too many overseas companies on social media that PayPal will allow to have accounts but very difficult to remedy if there is a problem and need to return an item...they take advantage of the high price to return and track an item. So PayPal's protection is not cost effective

Alternatives Considered

Reasons for Switching to PayPal

Pros

Such a bad experience that no pro experience can be described

Cons

Very poor customer support and responsiveness. Steer clear of PayPal because when you need assistance they nowhere to be found and you all on your own.

Pros

Most services link to paypal so it’s easy to setup and deploy

Cons

I don’t like having to login to use PayPal.

Alternatives Considered

Reasons for Switching to PayPal

Pros

I like most paypal payment methods and its fees

Cons

I like least paypal its transfer to ewallet

Pros

I like the ability to send branded invoices through the app to clients.

Cons

I don't like the fees they take from money being paid for services rendered.

Pros

Paypal is the best platform to use. Love the fact that you can pay for orders using it without having to move money to your bank account

Cons

In South Africa Paypal can only be linked with FNB which is a bit too strict for my liking. Most people other banks and if actually want to withdraw money from Paypal you'd have to go to an FNB branch. To some people banks are quite a distance

Pros

I value PayPal's easy-to-use interface, speedy transactions, and solid security, making online payments effortless. The best thing I like, is the service is free.

Cons

customer service sometimes lacks responsiveness.

Pros

I like the ease and guarantee you get with this I have every confidence when I pay using this

Cons

There is nothing I don’t like it is excellent

Pros

Quick and easy money transfer, deposit and payments via PayPal.

Cons

At times, customer support is really difficult to contact and resolve the issue.

Pros

PayPal has come a long way. It’s always been the go to when selling online, but now it can be used to send and receive payments for anything! Linking directly to your bank account or holding the money for you with the add on of a PayPal ATM Card, it’s now made itself available at various retailers where you can pick up money anytime. Send a request for business services rendered or simply for a friend to pay half for dinner. Send money to purchase items or simply as a gift to someone. PayPal’s charges very reasonable amounts for immediate transactions or you can go the free way and wait a day for your money to be moved. With so many new features, PayPal is the new way to send and receive money immediately.

Cons

I can honestly say there isn’t much I don’t like about PayPal. As someone who does Freelance work for a living, I have yet to find a con with its services.

Pros

I am a self-employed freelancer, so PayPal is essentially my paycheck every time I get paid. I am so grateful for PayPal. My money gets transferred to my bank for free within 1-3 business days without hassle. I have a constant inventory of all my income and spending because of it. Tax time is a breeze and extra easy with PayPal. I truly appreciate it. Sending money is easy and allows you to create a cute card or message to go along with it. Also, you can easily send gift cards. I appreciate how PayPal saves all the names/image of the people you've sent or received money from in an easily seen location on the dashboard. That makes it easy to either resend money to the same person, or request money if need-be.

Cons

My one and only complaint about PayPal is that when I originally signed up, I was signing up as a personal profile. Eventually, my PayPal ended up becoming for business use only, BUT PayPal doesn't allow you to edit your username so I'm stuck with the same name. I can't get a new PayPal because it's connected to all my information with my business including my email, etc. So, this is really a huge, huge inconvenience and frankly, an embarrassment for me.

Pros

What I like about PayPal the most is the fact that people don't have to put their credit cards in my client's website like Stripe. Customers are more comfortable to login to their PayPal account and pay by credit card through PayPal. I think this is the most important benefit of PayPal. It's user friendly and very easy to understand the platform. Some customers email my clients and ask their PayPal email to send payment manually, which is also a great option. By the way, refunds through PayPal are instant so you don't have to wait days to get your money back to your credit card. That's why I love PayPal a lot.

Cons

The pre-authorized or autopayment is the worst! every time I buy things by PayPal, I'm afraid an automatic charge for the next month. I have google to find out how to disable that automatic charge. I believe the Canada app is different than US app because, again, my friend always call me to ask how to disable some auto charges from his PayPal app and it's different than mine.

Pros

The ease of use and access.adding crypto currency options.the controlling of the transaction with the ability to view the history with up-to-date information.

Cons

Paypal app on IOS has some serious problems.People can also be blocked by PayPal without warning, and they can freeze and hold money from that account, which is inconvenient for the user.

Alternatives Considered

Reasons for Choosing PayPal

Switched From

Reasons for Switching to PayPal

Pros

Buyer protection: When buying a product online and a seller sends a wrong/damaged/fake item you can ask Paypal to step in.
Seller protection: When buyers complain about an item that you sold them, while having it accurately described OR when a buyer returns an item but instead of the actual item returns something else Paypal will actually step in and protect the seller. It also protects you against fraud. I would advice to keep evidence of sold goods and for valuable items obtain tracking details.
Paypal has a competitive credit facility through paypal credit. With often several months interest free on purchases.
Paypal loans are excellent for businesses. Especially when running an online business, the fees on especially small loans are incredibly low (especially compared to loan sharks, and even compared to a bank), repayments also work very straight forward.
Sending and receiving money is also dead easy, sending money non commercially to friends and family is done by just filling in the amount and the email address of the receiver and click send. On the receiving end it tends to be there within seconds and you can withdraw it immediately to your bank account. Generally it is even processed the same day (even international transfers)

Cons

There is not a lot I dont like about paypal. Their fees are quite reasonable. The main thing I dislike is probably their foreign currency exchange rate, which is not that great. However you won't be paying too much if anything in fees, especially compared to banks or even money transfer companies like Western Union or Moneygram who can charge quite a bit even on small amounts.

Pros

PayPal is a payment platform that is easy to install and use
Your customers are probably already familiar with PayPal
You do not need a merchant account
You can receive payments from any client. They do not need to have a PayPal account
You can create very elegant and personalized payment formats
PayPal charges are lower than some merchant accounts
You can configure recurring payments (if you need it)
PayPal can be easily integrated into any shopping cart system
It is a platform that offers secure transactions for both sellers and buyers
Payments are fast, safe and convenient
You have the possibility to request a refund, after having transferred to another account (2 times I have done it successfully, your response is very fast, timely and efficient)

Cons

Regarding digital products, they are not covered by seller protection policies
The rates for Chargebacks can be very high
Although it has not happened to me personally, I know cases of users who have had their account suspended. Your funds have been frozen for months
Although it is a platform received in many payment systems, there is a large number of people who refuse to use PayPal. This can be limiting when doing business with these clients
Personally, I consider it a limitation that you can not transfer money from PayPal to other systems such as Payoneer, Paytm, Payeer, etc.

Pros

Being able to safely transfer money online between small businesses and personal people is useful, especially in the digital age, as it is usually true that (1) the money appears quicker, (2) whatever potential problem online money transfer has, it does eliminate the worry of a check being lost in postage, so each transaction requires less follow up time for the sender to keep track that all has been accounted and completed, (3) it's paperless, which is becoming increasingly important, and (4) in some ways, with paypal especially, it requires the sender to have less persona details of the person/business being sent the money, only an e-mail address is needed, which has benefits on both sides. PayPal, in particular, for online money transfer, is probably the most widely used by individuals, at least, and as it is so popular and commonly used, it has become almost necessary to have a working relationship/account with it. To the best of my knowledge, it has proven secure, which is comforting, and everything about PayPal conveys some tone of professionalism, which is preferable to feeling as if one is trying to transfer money through a site that seems to be trying to present itself with a tone of 'I am trying to be your best friend and sound like a teenager and be fun'.

Cons

Although I have used PayPal for several years, I still find the site reasonably difficult to navigate. I am always fearful that my money will be lost to the wrong location, and it takes me longer than it should to put through simple transactions because I double check everything (especially every word) on the screen at each stage. I am aware that websites are formatted differently as different trends take hold, but for money transfer, I expect the actual transaction page(s) to be very direct and laid out very simplistically (not so much all over the screen to cause confusion). As a result, I am very nervous whenever I must deal with PayPal for work purposes, and I find the experience of dealing with the site very frustrating.

Pros

Here is what I love about paypal:
- You can setup an account in a few minutes. All you need is a valid email id and a bank account.
- There is no fee for signing up not any monthly fee to maintain an account.
- It is used by a large number of merchants both online and in store, all around the world.
- You can send money to a friend/family member living in a different country via their feature called 'XOOM".
- There website and their pone app is ways to use.
- One can link a credit or debit card to their paypal account in seconds.
- They have an awesome return shipping policy. If you buy a product online by paying for it via paypal and don't like it, you ca return the product and the return shipping cost (up to $30) will be paid by paypal 12 times in a year! That is hassle free shopping.
- Once you link your credit card via paypal and shop online, your credit card details are hidden and you never have to disclose your credit card information online ever again.
- They sponsor special discounts for customers that shop with PayPal at selected retailer stores. For instance, you can sometimes buy a gift card of $25 for just $20. That is a $5 saving you get for free.

Cons

This is where paypal can improve:
- Their dispute resolution is not as great as the that of traditional credit card companies. In my years of having an account with paypal, I have had only once instance where I had to file a dispute for a damaged item that I received from China. I was asked to send back the damaged item to the seller without even getting a return shipping label.
- I have had friends whose accounts have been frozen for no reason with no prior notice. However, I have personally not had any issues with them so far.

Pros

PayPal is very easy to use for all ages. It is the most secure program while doing transactions. The security is very high and that relaxes me while using PayPal. If someone logs in from a different place than you normally log on with they raise a flag. Customer services is very helpful when you need them. You are able to shop online without worrying about being scammed regardless of the website. You can receive money from anyone very simply. You are able to even send your money on your account to your linked bank account for free! You can receive money on it without worrying about giving out your personal bank information or any other personal information. It’s very helpful for me in a hospitals to buy the supplies I need online that I can not find around me especially during this pandemic going on currently. It secures your credit card that you use as well. Being able to have your account via smartphone on the PayPal account is very useful.

Cons

I dislike not being able to use my account internationally. If I am going on a mission hospital trip overseas, would be nice to be able to receive money via transfer on my PayPal account and deposit in my bank account as I am able to do in the US. It takes a lot of time to process things at times , if I am waiting for a payment from someone it normally takes days. If You could do it instantly would be way more convenient for us. Even in the US I am not able to use it anywhere I’m wanting to , I find certain deals a lot cheaper on websites but it does not have a PayPal feature.

Pros

With all the features packed in this software, the top-most in my list is PayPal's ability to make secure payments and guarantees. When I was working remotely and part-time for the company I am working for now, they used to pay me via PayPal. Not only was my payment fast, it is also secure and I can use my local bank in my home country to deposit my PayPal balance to. Oftentimes, I choose to keep the money in PayPal because it allows me to securely pay for online purchases. If I see a PayPal logo in one of the payment options in an online store, then I know I am safe. Their customer support is also commendable, very easy people to talk to and will take time to sincerely understand your inquiries.

Cons

Of course, tight security is always combined with some inconvenience. I made sure that my PayPal is enabled with 2FA using my US phone. When I travel to my home country, it is expensive to use roaming so I usually use a local cell number instead of my US number. This is where it becomes difficult for me to use PayPal because I cannot login at all or use it for online purchases because of this security I placed. It's not really much of inconvenience since I don't travel a lot of of the country, still, I wish there's an easier way I could switch to one security mode to another. Maybe it might be better if they support an app-based 2FA like Google Authenticator so I don't have to worry about logging in whether I have access to my phone or not.

Pros

Signing up for PayPal Business is very easy, you have to provide some information about the business (owner, address, ownership shares, etc.) and you are ready to go. PayPal Business can be connected to existing shop solutions, or you can create a "PayPal Checkout" button yourself. We only wanted to sell one product, so we chose Paypal because of the Express Checkout button. With simple clicks you can specify design, price, VAT, etc. and receive a code snippet which you can easily integrate into an existing website.
The PayPal dashboard shows all the information about orders, allows you to add tracking information, etc. Transferring the amount to your own bank account is also very easy.
PayPal is offering a community support centre where you can find answers to almost any question you might have when trying to get started with PayPal Business.

Cons

As simple and popular as PayPal is, some things were incomprehensible to us:
- Getting started: even though PayPal offers extensive documentation for developers, it is hard to find your way around as a beginner at first. PayPal could be interesting especially for people who don't want to invest in a real shop and want to add a payment option for e.g. 2-3 products on their website with a few simple steps. Nevertheless, we have struggled with some problems (see below).
- Sandbox mode: this is a test environment which allows to test payments etc. How to exit the sandbox mode when creating the "code" was not properly described anywhere. In the sandbox mode, we were also unable to test whether buyers receive confirmation emails on the payments (this is also not described anywhere else) and what these look like.
- Blocked balance and tracking: PayPal blocks the paid money at the beginning, because PayPal wants to make sure that we are serious sellers. This is also ok. By providing the tracking information, the money is released within 1-2 days. We shipped via DHL, but DHL is not supported by PayPal as a parcel service, so we had to specify "Other" -> "DHL" (entered manually). However, the buyer received an email with the tracking number which was sent by "Other", which caused confusion among consumers.
- Support: the support usually answered our mails only after 1 week and without mail with added value. The mails were standard answers.

Pros

PayPal, Business and Premier records offer many apparatuses for better incorporation with eBay. Along these lines, exchanging on this monster site turns out to be a lot simpler. The straightforward altering and customization options Pal offers are likewise truly keen. PayPal offers the most secure way to deal with web based shopping without concealing any information in my record when shopping on the web and giving over my financial information. I can tell that these are the most popular pnes among the advantages of Paypal.

Cons

Haggling on the site can be troublesome assuming I need to cancel a membership by means of PayPal, and on the off chance that I have a question with somebody and the installment is taken care of by PayPal, they will take up the mediation interaction, which can consume most of the day.

Sadly on the off chance that I run into an issue with an installment, Paypal needs great client support, contact telephone numbers are elusive on the site, and messages are frequently replied with computerized answers as opposed to real counsel.

The PayPal confirmation framework takes a great deal of time, which can be extremely baffling when you connect a financial balance to your PayPal account, two little stores are saved into that record and you might have to report the sums to PayPal to check your own record.

Pros

The opening of a Paypal account is not only free but also very simple and fast
A well-known and reliable payment gateway
Ultra fast payment (5 seconds)
Instant account-to-account money transfer
PayPal commission negotiation possible
PayPal presence in more than 200 countries
Money available immediately
Another big plus is that the money is available right away. Unlike payment processors like Stripe and the like, which block you funds for at least a week; PayPal you have the money directly available, you can directly spend them, pay them into your account within one minute of receiving the funds
Once your account is open, you no longer have to re-register your bank details and can make your purchases from your sofas
The confidentiality of your banking data minimizes the risk of fraud during remote shopping.
If you do not receive your order paid with Paypal, you can, under certain conditions, be refunded
Your payments in euros in the European Economic Area * are commission-free.
There is a customer service that you can contact by email or phone.
Another big plus of PayPal is that everyone knows. in the end it's quite simple: if you offer PayPal on your order page or on your e-commerce store, people immediately know what it is, often they already have an account PayPal. And so, it easily allows them to be able to pay you if they don't have their credit card available.
Finally as an advantage, is that as a customer - and I admit, it is very convenient and I use very regular..

Cons

Things i really don't like on Paypal is the high commission rate.Paypal has adopted a premium positioning on commissions since its inception, which can represent a real obstacle for e-merchants wishing to optimize their margins.
The customer service
Another downside to PayPal is customer service. Have you ever had fun calling them? There you have the little music that tells you: “your call is on hold, please wait” for 5-10-15 minutes. And then you wait 10-15 minutes, I've been waiting 25 minutes already, I still have no one on the phone. " So the customer service which is really very bad, big areas for improvement for PayPal. Plus, as soon as you have problems, it is still quite painful to have the right person concerned in the right department, to specifically have the need for the person who will help with the specific problem.
If your password is stolen, anyone can make purchases without your knowledge. It is therefore essential to choose a complicated and non-intuitive password.
A lot of adminitrative and paperwork
So another problem with PayPal is usually the paperwork: there are a lot of verification requests.
Geographical limitation
Paypal now bans its use in some countries around the world, including Africa and the Middle East.

Pros

PayPal is a service that allows people to send and receive money online. It is a convenient way to pay for goods or services and can be accessed on mobile devices.
PayPal is one of the most popular payment methods in the world. They allow people to send and receive money online, making life easier. People can use PayPal on their smartphones as well as computers with internet connections, making it more accessible than ever before

Cons

What I liked least about PayPal was that it was not accepted by all websites. I had trouble using my PayPal account on some sites because they did not accept PayPal as a form of payment. Also one more downside of PayPal is that it does not offer any rewards programs for its customers.

Alternatives Considered

Reasons for Switching to PayPal

Pros

PayPayl's good features are that almost everybody uses it, it's fast, you get a credit card to access your money, there are a lot of apps and widgets to incorporate PayPal payments into your website if you're a retailer of any kind (I do use this in my art studio website). And it's one of Elon Musk's brain children, which generally is a great thing. I'm listing customer service as one of the cons, but I will say that the response time is fast, even if it's not what you want to hear. They don't bombard you with tons of emails. You have business and personal accounts to choose from and then can link your bank accounts to the card, so that if you're using it and it runs low, it will draw from your backup cards. Well, in theory - because I tried that the other day and it didn't work, which I'll mention in the cons as well. Yes, there are fees, but thankfully lower ones than for instance you'd see with a regular credit card. As a freelancer, it's a good method to use for transfer of payment for my services from different companies and individuals. Overall, I think it's OK, but there are some drawbacks I'll address below.

Cons

I mentioned customer service, yes, it is fast. But you don't always hear what you want to hear. For instance (and this may also be an eBay drawback) I purchased something from eBay that arrived completely unlike the description. Contacted the seller who agreed to take the item back and refund the money upon receipt. Even after I had tracking to show the item had been re-delivered to the seller, he did not refund my money. In contacting both eBay and PayPal I got the runaround and eventually no money was ever returned. Another time, GoDaddy charged my account for web services on a renewing bill that I was unaware was going to renew without my approval (because I had planned to move providers). I contacted PayPal and put in a request to review this transaction because it was not authorized by me, and they determined the charge was "just fine" and no funds were returned to me and I am now stuck with GoDaddy for another year. So that kind of makes my experience with PayPal a little bitter. Apparently anyone can just take money and they'll do nothing. I also mentioned that having a backup card matched to your PayPal card will pull money from the account if you use the PayPal card and don't have enough in your account to cover the costs. I had left my credit card in the back pocket of my jeans after putting gas in my car and was out and tried to use my PayPal card and it didn't go through, despite having linked my accounts to PayPal. So, another bitter experience. If you want to get your money any other way than through the card they provide, it takes time to transfer funds or get a check. Also you can only go back so far in time to review transactions on your card. I was recently trying to find an account history for 2014 and there does not appear to be a way to access that information. And if I'm not mistaken, I believe eBay and PayPal are severing their love connection at some point and PayPal may not be the golden child of payment methods anymore in the the not-too-distant future, which could potentially bump it from the top of the heap as the most frequently used payment service eventually.