In the world of online payments and receipts or financial services in general, there is one undisputed name that users trust, PayPal.
PayPal is one of the earliest platforms that offered users the ability to complete online transactions without using their debit or credit cards.
Furthermore, most online businesses started accepting PayPal as a payment source, which added to the popularity of the platforms.
Today, users in more than 200 countries around the world use PayPal for their financial service needs. These users include individuals who use the platform for their personal needs and business that use online transactions.
PayPal gives its users the ability to use the platform for all their online payment solutions. In summary, the platform provides users with an all-in-one solution for their online payment and receipt needs.
Despite having users worldwide that trust the platform with their money, many users still don’t. For most of these users, the reason for not using the platform may be due to not being aware of the features and advantages that it provides.
5 Reasons Why You Should Use PayPal (Explained)
Users need to understand the reasons why they should use PayPal. The top five, among these reasons, consist of the following.
For a platform such as PayPal, where users’ money and other personal information are involved, security is critical. PayPal has a robust security system that keeps its users safe against any breaches or unauthorized access.
Similarly, the platform allows users to safely make transactions with online businesses without worrying about keeping their information safe. The platform takes the safety of its users seriously.
PayPal also keeps users safe from other security issues that come with using their bank or credit card details. By using PayPal, users don’t need to disclose these details and keep them private. It can also protect users against credit card fraud or hacking attempts.
2) Easy to use
One of the reasons behind the early adaptability and use of platforms worldwide is its ease of use. PayPal provides users with an online platform that is user-friendly and easy to use to make the user experience straightforward.
Similarly, the platform is available on all major operating systems, including Windows, Android, and iOS, and more importantly, the web. Users can access the platform using an account, which they can make through a simple process. Similarly, other features on PayPal, such as sending, receiving, or withdrawing funds, are easy to find and access.
Using these features also don’t require users to have any technical knowledge or skills, which adds to its user-friendliness.
PayPal has integrations with almost all major online marketplaces and digital platforms that provide users with a bonus for using the platform.
These integrations allow users to effortlessly link their PayPal accounts with their accounts on the respective platform and make transactions between them easy. In addition, some platforms may also provide users with added benefits through their integration with PayPal.
However, PayPal’s integrations aren’t only limited to online marketplaces and digital platforms. Almost all online businesses that operate through the internet accept PayPal payments, which means users can rely solely on PayPal for their needs. It is one of the reasons for the popularity of PayPal in the first place.
4) History and reports
PayPal provides its users with much more than just online payment solutions. For example, for all the payments or receipts through a PayPal account, the platform gives its users detailed reports to help them track or record. This option is beneficial for businesses that don’t want to record their transactions or rely on banks manually.
Overall, PayPal makes the monitoring of transactions or invoices easier for businesses. PayPal also gives users the ability to send e-checks, request refunds, or follow-up on their payments. Most of these features come free of cost or with minimal costs.
Through its various integrations and partnerships, PayPal also gives its loyal customers the ability to shop online and receive discounts. But, of course, these discounts only apply if users are paying for items through PayPal.
Users can view all discounts through the platform’s dedicated page. They can receive discounts of as much as 40% on their transactions, while others may have a fixed discount rate.
These discounts are also available in multiple categories. Some big-name brands are on the list, such as Dell, Nike, Columbia, Oakley, Aldo, and Hotels.com. Unfortunately, users of other platforms and services cannot use discounts.
PayPal is a name considered by many as the undisputed leader of online payments and receipts. The platform has millions of users worldwide.
However, some users still hesitate when it comes to using the platform. For those users, provided above are the top 5 reasons why they should use PayPal.