PayPal

Pros

It is a user-friendly platform where in you can send and receive digital money from all over the globe. There are lots of websites that accept PayPal as a way of payment method and that makes it easier to make online purchases anywhere. Paypal can also be used on mobile phones which means you can access your account wherever and whenever you want it. Invoicing is very simple and easy to make when you are requesting payment.

Cons

So far, the benefit of having a Paypal account is a big help for me. We all need Paypal for our online money transactions. It is a perfect platform for me.

Pros

Paypal is an user friendly and secure Plato for. which helps in navigating through and understanding the various features provided easily. The processing speed of transaction is so quick and instant. The facility to add various credit card providers and highest security measures will definitely make it a plus to rely on this platform without a second thought. Customer service is excellent that they work with us to resolve issues in a timely manner respecting the time of the user. Further, various currencies could be added to the account thus helping us to store the currency and use when we want without having the forex exposure affecting in the transaction.

Cons

The software is so amazing that i don’t see anything that seems like a drawback, one reason is PayPal is evolving as they constantly add features which are meeting and matching to the current trends and needed for the present technologically reliant economy.

Pros

I have used this for a long time to send money and receive money. I love that I can go back and easily see transactions, and those I send money to the most are there as quick icons.

Cons

It takes several steps to send money to someone, and a lot of changes have been made (taking out more fees, etc.).

Alternatives Considered

Reasons for Switching to PayPal

Pros

Ease of Use: PayPal has made it remarkably easy and quick to set up a business account by taking the complicated parts out of the equation without sacrificing quality, features, or functionality. The setup is very intuitive and walks you through all the important steps.

Widely accepted: Since PayPal is a well-known global brand it’s widely accepted and trusted as a secure and legitimate form of payment. There are other companies that come ago with varying amounts of trendy popularity but often with them, you run the risk of the person you’re doing business with not accepting them. That’s not the case with PayPal.

Forward Thinking: Just like their easy setup PayPal has also made it easy to get involved with cryptocurrency by making it easy to purchase and walking you through the entire process.

Security: What makes PayPal a titan in the industry is its security. For those who are interested in the technical side of it, PayPal offers 128-bit dual-end SSL encryption on all transactions as well as performing regular security checks on their own servers. Additionally, from a buyer’s standpoint, they offer a really strong Buyer/Seller protection program. Data protection in a world of constant cyber threats is critical, and PayPal has made this a cornerstone of its brand.

Cons

Hardware: The hardware (formerly PayPal Here, is now PayPal Zettle) is good however it must be purchased by the merchant separately.
International Availability: PayPal is accepted in most places around the world however some countries are not available so you have to check ahead of time.

Pros

I love PayPal it's so easy 2 use it has lots of features & there all great features not a bunch of useless 1s u can easily send, receive & send request 4 $ u can get ur card that goes w ur acct so u can use it anywhere it made PayPal the best bc b4 that u couldn't pay w ur PayPal acct now u can & the invoicing even on a free or personal acct is great u can add ur personal login that will appear on ur invoices along w ur company info u can send a invoice & it also tells u if that person has opened that invoice or not u can edit it & all ur invoices r all in 1 place where u can easily them all & they have great customer service they r always fair n come 2 a fair decision & don't let u get ripped off by scammers it's all great

Cons

I don't have any cona w PayPal except the changes that have been made u can't get ur $ until the package has arrived then 1 day later it releases it which means u have 2 pay 4 the shipping until the $ is taken off hold but I know this probably isn't PayPals doings