Do you use PayPal or cryptocurrencies in your business?

[Stardom22]

I really like using PayPal. It's seems like it's very expensive but I know that people would pay higher prices for the high quality products and services out there and that's how the business is.

Post automatically merged: Apr 17, 2023

Yes for the instances that PayPal is not applicable you may have the crypto currency as the only option for your transaction or as your online payment processor in the long run.

 

[Heatman]

There are many online websites that only exchange money through PayPal. But there are also websites that transfer money only through cryptocurrencies. what is your opinion? Which one do you prefer for your business and why? Personally, I prefer cryptocurrencies because users of all countries can access

Yes of course I make use of both PayPal and cryptocurrency as a means of payment in my business because it is the trend in the world today when it comes to running business.

 

[Johnson2468]

Using both crypto and PayPal as means of payment will make transaction easy, aside from choosing from the one you prefer, there are some countries that do allow users to receive payment

 

[Chibson]

I also use Crypto because it is not possible in my country to use pay pal. I know it's not just my country and many countries can't use PayPal, so I think it's better for all businesses to have different payment options.

Yeah, the fact that some payment system does not work in some countries even makes it more reasonable to use different payment options. That is what so many businesses do online.

 

[hastral45]

Both PayPal and crypto currency payments are good and safest to do transactions. It is just a pity that both PayPal and cryptos are outlawed in Nigeria as the means of payment. However, there are blackhatmethods both can be used.

 

[Springtime]

For my translation work, most of my clients are corporate clients. Although I have a Paypal account and I am willing to accept Paypal as the processor, they usually prefer to transfer money to my bank account when the job is done.

 

[Shortie]

I currently offer a writing service which is my business and for that business, I was at first only accepting PayPal but now I offer much and the options are CashApp, PayPal, Stripe, and also Bitcoin and Litecoin so that there are more ways for people to pay which then helps my business as well.

 

[flower]

I prefer to use cryptocurrency because PayPal is restricted in my country.

 

[Heatman]

Using both crypto and PayPal as means of payment will make transaction easy, aside from choosing from the one you prefer, there are some countries that do allow users to receive payment

It is always good for you to have more options of payment when I come to your business because it will make sure that you get all the money from your customers who come to purchase because you have all the viable means of payment that anyone can use.

 

[AruneBend]

At least in my country I never saw a bussness that accept cryptocurrency as a payment method I wish they would because sometimes I want to pay with cryoto most of the bussness only accepts credit cards

 

[uptrendfinancialsignal]

I prefer to use cryptocurrencies because it is almost globally accepted.

 

[Niyi Briggs]

I have not tried being paid either way in my online shop. Since I am using a local e-commerce platform, we only use the mode of payment as cash-on-delivery (COD). They do not have the features of using other ways of paying the sellers online.

This is risky. The delivery person could be attacked on the road and the money taken away. You should try and engage electronic channels to process payment

 

[hastral45]

Both PayPal and crypto currencies are outlawed in my country presently. They are not allowed. Maybe the ban would be lifted by the incoming government that would be inagaurated soonest.
However, despite the ban on Nigerians, PayPal and cryptos are still being used by the freelancers and crypto traders as their mode of payments. There must be ways in which they opened and operating these payment gateways.
If you have to use this payment gateways, ensure you are careful so that your accounts are not banned.

 

[Heatman]

I prefer to use cryptocurrencies because it is almost globally accepted.

Cryptocurrency are not globally accepted because there are still some people who don't accept anything that have to do with cryptocurrency transaction because they don't trust cryptocurrencies.

 

[cherry123]

People just like seamless mode of payment using both crypto and PayPal as means of payment will make transaction easy but PayPal would likely be used by me as it my most preferred

 

[Heatman]

People just like seamless mode of payment using both crypto and PayPal as means of payment will make transaction easy but PayPal would likely be used by me as it my most preferred

If you don't know how to deal with cryptocurrency and manage it so that you don't lose part of your money when you have received it, if it's better to make use of PayPal.

 

[Bango]

I prefer to use cryptocurrencies because it is almost globally accepted.

simply. Yeah i agree with you. Some employers only use PayPal and this is a big problem. Most of PTP forum users or freelancers users are from Tier 3 countries and can't use pay pal

 

[eldavis]

For my personal business i am currently not using anyone. If i wanted to make use of any one though, it would definitely be crypto currency. This is because i cannot access PayPal in my country.