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PayPal is the biggest payment app in the world and has more than 237 million users. It started in 1998, when nobody believes that a service like that could exist, in 2002 was bought by eBay and since this doesn’t stop grow and today is evaluated in more than US$ 103 billions.
PayPal possibilities to you the creation of a personal or a commercial account.
How PayPal can help in your startup’s growth
PayPal’s crew try to do your experience with their payment services be the better possible, together with you they try to understand your needs and what is the best way to integrate the PayPal in your company.
They have some options for you to offer the best online payment service for your consumers, we have separated some options here:
PayPal checkout
Using this function your consumers can make their shop with only three clicks. It is a digital wallet where your clients only need to put their login and password for effect the shop. Offer more protection in your transactions, offers more facility for your consumers, and increase your sales.
Transparent checkout
It allows you to receive payments using the card directly on your site and your consumers can make the shop without an account on PayPal. And there is the Seller Protection Program.
Tokenization
Your consumer just needs to agree with the charges and terms just one time and after the charges happen continuously. If something wrong happens with your client’s card you will receive using another payment method that there is in its account.
Another option for your online store or e-commerce is the collection service, you can send the bills for your consumer using an easy and effective way. Besides, give the possibility of an invoice payment up to 12 times.
Advantages of using PayPal
- Mobile Ready
Their services offer integration with cell phones, tablets, computers, and where you prefer.
- International sales
Using PayPal you can receive payments of all the world.
- Security
For the client and for the company this platform has a great security service. The Seller Protection Program and the Consumer Protection Program.
- Fast receipt
Using PayPal you get your money in until 24 hours.
- Support
PayPal’s crew are always at your disposal answering your messages, and if necessary, they are available for calls too.
How PayPal’s fees work
To the clients is not charged any one kind of fee, but the sellers are charged some fees that can vary according to the kind of sale. To national sales, the value changes according to the deadline for receiving, and for the international sales charge a fee of 7,4%, plus the rate that varies with the purchase currency.
Conclusion
As we have seen throughout the article PayPal is a great option for your Startup or for personal use. It has an excellent service offering all the necessary support for your sales growth. Even with the fees is necessary for your company and makes with your consumers have an extra reason to use your products. There are other services like PayPal and before choosing which one you will implement in your company you can search more and decide which is better for what you need.
