About PayPal

PayPal is a digital payment platform that enables businesses and individuals to pay and accept payments through an online portal without revealing any financial details. The solution is suitable for businesses of all sizes. PayPal provides a one-touch login process, so there is no need to re-enter information. For individuals, users can shop as well as process transactions overseas by linking their card details through PayPal’s portal. For business owners, users can accept international payments from banks or digital wallets on through the portal. They can bill the clients, receive direct payments from suppliers or manufacturers and accept payments from more than 200 markets with a single account. PayPal charges a transaction fee, which is calculated based on businesses’ total sales volumes. The system is compatible with mobile devices.
PayPal Software - Payment screen
PayPal Software - Set up account
PayPal Software - Account options
PayPal Software - Payment screen - thumbnail
PayPal Software - Set up account - thumbnail
PayPal Software - Account options - thumbnail

PayPal pricing

PayPal has a free version. PayPal paid version starts at US$0.04/month.

Starting Price:
US$0.04/month
Free Version:
Yes
Free trial:
No

Alternatives to PayPal

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Square Point of Sale

Square Point of Sale is a mobile POS system available for iOS and Android devices. Key capabilities of the Square POS...

Square Payments

Square Payments is a cloud-based payment processing tool for businesses within the retail, food and beverage, and...

Google Pay

Android Pay is a cloud-based secure digital wallet application designed for processing payments using tablets and...

Stripe Billing

Stripe Billing is a cloud-based solution that offers a varied set of unified APIs and tools that enable businesses to...

PayPal Reviews

Feature rating

Value for Money
4.6
Functionality
4.6
Ease of Use
4.7
Customer Support
4.3
5 reviews of 21,830 View all reviews
Mark Anthony
  • Industry: Computer Software
  • Company size: Self Employed
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 7/8/2022

The Best Digital Wallet

From linking my bank account to withdrawal, Paypal has been so efficient, easy to use, and straightforward. With the help of digital wallet banking, sending and receiving money locally or internationally has been so easy. With a single click, your money is on the go. Overall Paypal is for everyone.

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.

Abin
  • Industry: Investment Management
  • Company size: 501-1,000 Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 12/9/2022

An amazing Platform for all types of transaction

The experience from using PayPal has helped in understanding how secure it is to use a mediator like PayPal because of its best in class protection towards safe guarding the personal data and ensuring the wallet is safe. I enjoy the feature of adding USD to the wallet and thus helping to save on forex and conversion rate. These days the PayPal recognizes the device that’s being used and help in making seamless transaction without the need to verify over and over again . Upto date transaction records and easy to track the transaction makes it a tool for record keeping. Further, a lot of institutions are enrolled and are using PayPal making it global these days for buying and selling and accepting the proceeds through PayPal, and further sending and receiving money through banks. Overall, PayPal is one of its kind and best in class which is meant for the present days for both individual and business alike.

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.

Mary
  • Industry: Fine Art
  • Company size: 11-50 Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
5
Features
4
Ease of Use
4
Customer Support
5

5
Reviewed on 23/8/2022

Trusty way to pay and receive payments

This has been a very reliable way to send money. However, quite a few people do not use it, and so it is not useful with them. I have not chosen to use it for online shopping.

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

Apple Pay

Reasons for Switching to PayPal

Often chose it because the people I needed to send money to had this.
Reginald
  • Industry: Information Technology & Services
  • Company size: Self Employed
  • Used Monthly for 2+ years
  • Review Source
Value for Money
0
Features
5
Ease of Use
4
Customer Support
0

4
Reviewed on 12/8/2022

PayPal in 2022 – The Review

When it comes to managing your business, processing payments, and managing orders and inventory you really don’t want to cut corners or mess with less established companies. PayPal is an industry standard for a reason. Whether your self employed freelancer, an artist, or the CEO of a company of several thousand running your business is stressful enough without the headache of managing the financial POS side of your business and PayPal helps relieve some of the stress.

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.

Brandy
  • Industry: Retail
  • Company size: Self Employed
  • Used Daily for 2+ years
  • Review Source
Value for Money
0
Features
4
Ease of Use
5
Customer Support
5

5
Reviewed on 27/8/2022

The best 4 everything they do

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

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