Why Do Businesses Mostly Use PayPal As Their Only Payment Option?

Passiveearner

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PayPal is considered the "best" payment system. The fact of the matter is that PayPal offers guarantee to its customers and offer buyer protection. This might be one of the reasons why many people would prefer it. However, this may not mean that other payment systems should not be considered at all. So, why do many businesses prefer PayPal only?
 
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Imran Noori

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PayPal is considered the "best" payment system. The fact of the matter is that PayPal offers guarantee to its customers and offer buyer protection. This might be one of the reasons why many people would prefer it. However, this may not mean that other payment systems should not be considered at all. So, why do many businesses prefer PayPal only?
PayPal offers guarantee to it's users but it needs to provide services in all countries.
 

Shavkat

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I guess they think that it is easy to send payment. Besides the point, it was proven the effectiveness through the years of existence.
 

Niyi Briggs

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Paypal despite it not being available in my country is a very good when it comes to handling payments. Their payment process is seamless and easy. I can't even compare it to that western union we used to have before.
 

Chibson

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The reason is because PayPal is one of the most legitimate payment processors online. Another reason may be due to unavailability of alternatives.
 

SHAHID987

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Paypal is not available in all countries this is somewhat understandable but why some sites only use paypal as a payment method this I can't understand because we can't underestimate payoneer, bitcoin and other.
 

timewo

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Business owners do not want to share their credit card details like card number, so many people are preferring to use paypal, where the details are not shared with others
 

Chibson

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Your last line is apt maybe because it is no other better alternative for now. it is one of the reliable processor.
Probably, if you are in India for example you'll be taxed 30% whenever you make transactions in cryptocurrency. So that is why people prefer using PayPal.
 

eldavis

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Paypal is usually known as one of the most secure means of payment. Due to its security and measures put in place, it makes it more official and secure for business.
 

Stardom22

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PayPal is considered as the most reliable and the best online processor all over the world. This is because it's services are very transparent and on point ever. It has however remained to be the better option for many people.
 

SHAHID987

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Paypal is a good payment processor, but if it is not available in some countries then what is our mistake in it, there are so many sites which are too attractive and paying as slicethepie just you give opinion about clothes and other things and earn but have only PayPal option.
 

Starmix

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PayPal is wise and smart. They offer their services through a country they negotiated. They also scouted and transacted to different companies worldwide. They might have strong reasons why not all countries favored by PayPal. It will be better for your government to write a position and proposal letter/ paper to PayPal.
 

Springtime

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I think it's because Paypal has already established itself as the most reliable and popular payment processor. I have used Paypal for decades and never encountered any major problem with them. One time, my request to transfer money to bank account was delayed. Paypal responded and took action promptly. Their customer service is very good.
 

Chibson

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PayPal is probably the most trusted payment processor that is why majority of platforms make use of it. A lot of businesses around the world also make use of it.
 

cherry123

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PayPal though doesn't work for all countries is easy to send payment. it has also proven to be the most effective payment avenue through the years of existence and it will continue.
 
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