PayPal

Vantagens

The thing that led us over to PayPal was how easily integrated it was with other platforms as well as how familiar everyone already is with it. The pricing is competitive per transaction and it easily allows for international invoicing and payment. It also made it really easy for our accountant to understand the layout of it.

Desvantagens

The only thing I didn't like at first was that I typically associate PayPal with a cash app between non-professional relationships. After seeing their invoicing system, I was immediately impressed.

Vantagens

PayPal Here is by far the quickest way to accept payment from customers with credit/debit cards. I'm particularly referring to the speed in which funds are available for spending. It's very simple to swipe the customer's card or enter their payment information and then almost instantly have access to those funds. I the earlier days of PayPal Here, I was one of the fortunate people that received a free card reader. This came in handy as all I had to do was plug it into my iPad and simply swipe the customer's card.

The app is somewhat customizable, too. For example, you can specify whether or not you want to require a customer's signature for certain purchase amounts. Also, the app integrates with PayPal Inventory Management as an added convenience if desired.

Desvantagens

The only thing I really dislike about the app is the fact that I am charged a higher percentage on the fee if I manually input the customer's credit/debit card information as opposed to just swiping their card. Sometimes I feel that this is an unfair thing - especially in cases where the customer's card is not properly reading when swiped in the card reader. Lastly, PayPal no longer provides free card readers (unless you're a new user). So, if you need a new, updated card reader you'll have to pay for it.

Vantagens

Instant money transfers! I love how easy it is to instantly send money or payments to anyone by phone number, email address or name. Being able to link PayPal to Google Pay and Samsung Pay make PayPal that much more convenient to use.
I recently upgraded to a PayPal Business Account and received my new credit card swiper and chip reader in the mail, and it pairs easily with the PayPal Here app via Bluetooth and now I can accept credit card payments whenever and wherever I happen to be. I absolutely love using PayPal.

Desvantagens

PayPal has an internal security system that blocks certain transactions and there is nothing you or PayPal support can do to override it, you just have to wait 24 hours and try again. If your account mostly receives money rather than sending money and you decide to send money the internal security system may either block your transfer or lock you out of your account until you call them to confirm your account, they call this "suspicious activity on your PayPal account"

Vantagens

For better or for worse, PayPal is the industry standard for online transactions. I like it because I can actually make sure we get paid (where as previously, I was waiting for checks for months that mysteriously got lost in the mail.) It was clunky at first, but now, they make it really easy to send invoices, keep track of purchases, dispute transactions (I was a victim of fraud once and they helped right away!), and more. I am most impressed with their fraud protection actually; they are better than VISA, Mastercard, and AMEX, who still often require you to send in snail-mail when there is a problem. I also like that you can now embed badged, i.e., "Pay Me with Paypal" or "Donate Here." They are making it for sure user-friendly.

Desvantagens

PayPal is becoming dated with its fee structure. Venmo is much more competitive, although admittedly not as robust or well-known as PayPal. They were late to the game with the credit card reader and their terms are not as good as Square's (although I do admit that both platforms save me a ton of money because I no longer need point-of-sale terminals, which were wildly expensive in the '80s and '90s.) I also wish that they had a laxer policy on adult-items. Some of my talent also creates adult-content, and we are afraid to use the platform for home video sales and celebrity bookings at AdultCons (which are legal!) because PayPal has shut down other adult-entertainment communities for offering PayPal. No customer service rep has given me a clear line of what the boundaries are, so we avoid it all-together.

Vantagens

I like PayPal for some reasons. Among the reasons for which I like PayPal include:

1. Ability to make payments without exposing my credit card details: Credit card fraud and identity theft is a trending menace nowadays. One is at a very high risk of having his/her credit card information stolen when the card is used on insecure websites. With PayPal I don't have to bother about my credit card information as I only have to sign in to my PayPal account and then proceed to making payment without having to expose my credit card information on the third-party website.

2. Ability to receive payment using only an email address: I love it that I can use my verified PayPal account's email address to receive money from anyone with a PayPal account.

3. Ability to integrate PayPal payment processor without much technicalities involves: I was able to integrate the PayPal payment processor to my ecommerce website in just a few minutes without having to do much technical stuffs.

4. Moderate payment processing charges: The charges by PayPal while using their payment gateway is moderate compared to that of some other payment processors. I had tried using a payment processor whose charges were quite high.

Desvantagens

I have some problems with PayPal.

One of the problems is that PayPal is not available is some countries, and this is a limitation to expanding to such countries.

Secondly, PayPal have an history of limiting people's accounts for some hard to understand reasons. The issue is that once an account is limited, it is very hard or impossible to get back the money in the account.