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

[Chibson]

I think that is one of the major downsides of PayPal. The fact that it does not work for all countries makes it not accessible to some people.

 

[Niyi Briggs]

The challenge is that some of this companies have refused to evolve and meet up with contemporary times. Even PayPal has just embraced cryptocurrency. PayPal was trusted as the number one payment option then because it offered protection to the buyer.

 

[uptrendfinancialsignal]

PayPal is a global payment system that is acceptable by almost all the countries.

 

[Bisolami]

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?

I think this is because they find it very easy to make use of PayPal

 

[relcap23]

PayPal is very popular because they have been there for several years and had proven their track record. Any amount is accepted at paypal and transfer fee for funds is even free or minimal only.

 

[Chibson]

Yeah, I believe the fact that PayPal has been in the system for a long time makes them very much trusted. That is why many platforms make use of them.

 

[flower]

Most of the companies used PayPal because they know that it is accepted globally.