Advantages of Paypal
PayPal is an e-commerce business allowing payments and money transfers to be made through the Internet. PayPal serves as an electronic alternative to traditional paper methods such as checks and money orders.
- Easily accept online payments
- Immediate and convenient.
- Payment is deposited directly into the seller’s account.
- No need for customer to have a PayPal account
- Send money to anyone with an email address.
- No separate hosting, shopping cart, payment gateway or merchant account required.
- Inexpensive set-up and processing fees
- You can pay directly from the item listing page.
- No requirement that you use your credit card (you can transfer money directly from your bank account).
- Sellers don’t see your credit card number (it is safely encrypted through PayPal’s server), which limits the risk of unauthorized use.
- Automatic payment tracking.
- Easy set-up on the shopping cart websites
- PayPal Buyer Protection offered on qualifying items – up to $1,000 in free coverage.
- Include your own logo or background in Paypal
- Additional limited protection offered through PayPal’s Money Back Guarantee.
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