why PayPal account is most preferred payment gateway

Benefits of Using a PayPal Account

PayPal is a simple and fast way to send, receive and buy money online. There are several benefits of PayPal and some of them are detailed below:

• Flexibility for sellers

  PayPal allows sellers to quickly and easily accept payments from buyers.

• Speed

  PayPal allows its members to transfer money instantly. PayPal members can transfer money from PayPal accounts to bank accounts in less than 24 hours.

• Affordability

  PayPal’s transaction fees are also low and affordable for many people. The costs for using PayPal are 30 cents per transaction, plus 3% of the total transaction amount.

• Peace of mind

  Your purchases are secured and supported by PayPal for fraud detection.

• Purchase protection

  If you bought something and it doesn’t meet their standards, PayPal will refund you a fee.

• Safe shopping

  PayPal members also offer guarantees to buyers and sellers. They have a process for disputed transactions, so a buyer doesn’t have to worry if they don’t get what they ordered.

• Account privacy

  PayPal protects users and offers a much better level of account protection compared to the competition.

• Easy record-keeping

  PayPal members can easily keep track of all transactions.

• Online acceptance

  Most e-commerce websites use PayPal as a payment method. Hence, PayPal members can easily shop on these websites.

Since PayPal is not available in Pakistan, there is a lot of search for “How to Make PayPal in Pakistan”. so, if you also have the same question then also read

What makes PayPal so accessible?

One of the main reasons for PayPal’s popularity is people’s confidence in it. If something purchased from PayPal is not up to standard, PayPal will allow customers to file a dispute with their respective suppliers. You can talk about the purchased item, and if the relevant vendor doesn’t give an acceptable answer or try to commit some sort of s-c-a-m, you can get your PayPal payment back.
It is not the case that the sender of the payment can retrieve their payment with a single click, even after receiving the same product or service.
PayPal also gives the service/product provider full time to speak on their behalf and tell them if they have provided the correct and quality services.