What are the Benefits of Using PayPal?

Discussion in 'PayPal' started by raddith, May 30, 2008.

  1. #1
    i newbie here. i just want to know What are the Benefits of Using PayPal? and what another payment like Paypal??? :confused: adsense-board.blogspot.com
     
    raddith, May 30, 2008 IP
  2. weblover78

    weblover78 Banned

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    #2
    There are so many advantages and disadvantages of paypal. One big advantage is that you can transfer/receive the fund immediately
     
    weblover78, May 30, 2008 IP
  3. djdex93

    djdex93 Active Member

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    #3
    another big one is Support and unlike other it is Trusted!
     
    djdex93, May 30, 2008 IP
  4. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #4
    Because its widely accepted by people around the world. That is the big advantage IMO.

    DON.
     
    deluxdon, May 30, 2008 IP
  5. lychee

    lychee Active Member

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    #5
    everyone seems to have a paypal account so your buyers will buy more readily.
    unfortunately, though, they are getting a bit too big-headed for my taste, charging ludicrous sums per transaction. i'm waiting for the day moneybookers or another alike reach their level, create competition for them, and thus force them to lower their rates.
     
    lychee, May 30, 2008 IP
  6. mixke

    mixke Prominent Member

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    #6
    It is available in a number of countries and it is the most widely used payment processor on web. Having a paypal account allows you to deal with people around the world quite easily.
     
    mixke, May 30, 2008 IP
  7. Normac

    Normac Peon

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    #7
    Advantage: Ease of use, everyone has one, fast setup and transfer
    Disadvantage: High setup fees, scammers love to use it since they can chargeback fraud with no real problems, since Paypa have given themselves a get out clause against fighting chargebacks.
     
    Normac, May 30, 2008 IP
  8. waziuz

    waziuz Active Member

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    #8
    it is cheap, regarded as the most secure, it is the trusted and the most used


    KISS (keeping it short and simple) it is bound to increase your business as compared to any other payment processors :)
     
    waziuz, May 30, 2008 IP
  9. Archie

    Archie Peon

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    #9
    Accepts different types of payments: fund transfer, credit card, e checks etc. Accepts a few currencies.
     
    Archie, May 30, 2008 IP
  10. eddy2099

    eddy2099 Peon

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    #10
    How did you get 'High setup fees' as Paypal does not charge even a cent to set up an account.

    Paypal is able to offer lower fees for the Standard package because they cut down on the comprehensive checks and merchant protections protocols.

    If you require more comprehensive checks then you need to sign up for the Paypal Website Payments Pro account https://www.paypal.com/us/cgi-bin/webscr?cmd=_wp-pro-feature-list-outside https://www.paypal.com/us/cgi-bin/webscr?cmd=xpt/cps/merchant/RiskControlsOverview-outside
     
    eddy2099, May 30, 2008 IP
  11. Phynom Technologies

    Phynom Technologies Peon

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    #11
    Hello Raddith,

    Most people prefer PayPal because of the security that they do not have to release any personal information to whom they purchase from.

    It is very secure, and easy to use.

    The downsides is mainly just hackers. (That is with everything though).
     
    Phynom Technologies, May 30, 2008 IP
  12. mentos

    mentos Prominent Member

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    #12
    Are you trying to promote your website?
     
    mentos, May 31, 2008 IP