PayPal has become one of the largest online payment processors in the world. Partnering with eBay gave marketing to PayPal and now online merchants on the Internet are accepting PayPal. It is proving to be the one of the most accepted methods of payment. People in large numbers are using PayPal after knowing its impressive benefits. We have made a list of some benefits that users are experiencing after using PayPal for making and accepting payments.
PayPal is very flexible to use. It reduces the stress and hassle of purchasing goods and services online when the credit card gets declined, much like a no credit check loan would. PayPal allows you to set up multiple bank accounts, debit cards, and credit cards to fund the PayPal account. Every payment through PayPal can be assured as the first. It looks for funds from the sources based on the users’ order.
PayPal allows to send money for various different causes. Whether you need to send money for college fees or to a friend in trouble across the world, PayPal allows users to send money instantly after a click of the mouse. It does not only save the money of the users but also save time over costly Western Union style transfers.
PayPal launched an application for iPhone users. The app makes it easy to shop online and transfer money whenever you need it. It also allows transfer of money, paying the bills, review transactions and make purchases right from the hand. PayPal app asks users to confirm the transaction with a PIN, and users can set their own desired password.
PayPal presents many special offers and discounts for users if they shop with PayPal at selected retailers. Many companies like HP, Barnes & Noble, Wal-Mart, Nike, PayPal Slots and more offer a discount on the purchases. It is the perfect way to save money on things. PayPal users just need to copy the special promo code from the PayPal shopping web page and paste it on the order at the merchant’s site.