If you're a consumer or business owner you've no doubt heard of PayPal. You may have used it a few times as a consumer or business when making purchases from other websites. But now that you're looking to accept payments for your business, you may be curious about what the popular platform has to offer as a payment system. If you're new to PayPal, signing up for a PayPal business account is free and easy.
In this article, we will cover what PayPal is, but in case you're not familiar with payment gateways in general, here are their typical functions and attributes:
- Payment gateways enable online payments for goods and services.
- They provide a way for individuals and businesses to send or request money.
- They provide different levels of payment options, protection and security for online financial transactions.
- They charge a fixed or variable fee for their services usually known as payment processing fees or transaction fees.
What is PayPal?
PayPal is a well-known digital payments platform used by businesses and consumers alike to conduct financial transactions around the world via the web, mobile apps, in stores etc.
For more information, please visit the official PayPal website:
Why use PayPal?
PayPal is one of the world's most familiar, trusted and preferred payment gateway with over 20+ years of experience, 360+ million active users operating in 200+ markets around the globe with 100+ different currencies.