About PayPal
PayPal pricing
PayPal has a free version.
Alternatives to PayPal
PayPal Reviews
Feature rating
- Industry: Construction
- Company size: Self Employed
- Used Daily for 2+ years
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Review Source
Paypal by jared
Paypal has been great overall. Love it
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 AppReasons for Switching to PayPal
I chose it randomly honestly.- Industry: Automotive
- Company size: 201–500 Employees
- Used Weekly for 2+ years
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Review Source
Best Payment Platform
Overall, the platform feels safe with all of its security measures. I prefer PayPal for all business transactions, but not necessarily for transactions with friends. Other platforms are a little quicker and easier to use, but this one is a one-stop shop for everything.
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.
Reasons for Switching to PayPal
I use them all. But this one feels the most secure.- Industry: Marketing & Advertising
- Company size: 1,001–5,000 Employees
- Used Monthly for 2+ years
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Review Source
It's very convenient—but such high fees!
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.
- Industry: Marketing & Advertising
- Company size: 2–10 Employees
- Used Daily for 2+ years
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Review Source
You can always depend on PayPal
Overall, my experience using PayPal has been pretty painless with setting things up for multiple businesses. Of course, it's not perfect - but nothing is ever really perfect anyways.
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
StripeReasons for Switching to PayPal
Actually, I use both PayPal and Stripe... I didn't choose one over the other.- Industry: Internet
- Company size: 2–10 Employees
- Used Daily for 2+ years
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Review Source
PayPal is my go-to payment processor and manages nearly our all online payments
I can do IPN's easy. I can easily send an invoice and collect payments and it's instant.
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.
