What is PayPal?
New Money gives you more control over your funds so you can spend, send, and receive the way you want. See what’s possible. For help, tweet us at @AskPayPal.
Pros & Cons
Pros
- Easy to use
- Reliable payment system
- Fast transactions
- Flexible payment options
- Global reach
- International payments
- Secure transactions
- Responsive customer service
- Transaction history management
Cons
- High administrative fees
- Poor customer support
- Lack of transparency in fees
- Reliable payment system
Tool Details
| Categories | Crypto wallets, Payment processors, Money transfer |
|---|---|
| Website | www.paypal.com |
| Became Popular | December 11, 2014 |
| Platforms | Web · iOS · Android |
| Social | Twitter · Instagram |
Recent Reviews (7)
We use PayPal to process payouts, which has enabled us to serve a global builder community from day 1. Thanks for helping us support innovation all around the world!
PayPal gives you flexibility — pay with cards, balance, or linked accounts.
PayPal helps us receive payments from around the world.
I use PayPal for sending money and making purchases because it is fast and secure. The app is easy to navigate, and I appreciate the quick transaction confirmations. Managing payments and keeping track of my history is simple. PayPal has become an essential tool for my online financial needs.
Gets the job done and widely accepted, which is a big plus. It’s easy to send and receive money, and most people already use it.That said, fees can be high, and support isn’t always helpful when issues come up. It works, but there are better options now depending on your needs.
PayPal is a great tool to send money to foreign countries.
Pretty easy to use - responsive customer service.
Frequently Asked Questions about PayPal
When did PayPal become popular?
PayPal became popular around December 11, 2014.
What are the main advantages of using PayPal?
The top advantages of PayPal include: easy to use, reliable payment system, fast transactions, flexible payment options, global reach.
What are the disadvantages of PayPal?
Some reported disadvantages of PayPal include: high administrative fees, poor customer support, lack of transparency in fees, reliable payment system.
What is PayPal's overall user rating?
PayPal has an overall rating of 4.6/5 based on 9 user reviews.
Is PayPal available on mobile devices?
Yes, PayPal is available on iOS (App Store) & Android (Google Play).
What type of tool is PayPal?
PayPal belongs to the following categories: Crypto wallets, Payment processors, Money transfer.
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