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PayPal

A detailed PayPal review, one of the most popular solutions that you can use to send & receive online payment.

Last Updated: August 3, 2022

Free: NA

Trial: NA

Min: Custom

Max: Custom

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Overview

PayPal Review: Top Features, Pricing, Pros & Cons

What is PayPal?

A review of PayPal, best alternatives that you can use for online money transfer. PayPal is one of the most popular online payment platforms that is popular among bloggers, freelancers, and small businesses.

It’s a comprehensive platform that makes it very simple to make international payments through an email ID. You can create your account in the PayPal platform and start receiving money.

If you are a freelance professional or you are managing an online business with clients all across the world, PayPal is probably going to be your first option when it comes to receiving money from your clients.

Pros of PayPal

Convenient and easy to use
Accepted by many online retailers
Offers buyer protection for certain transactions
Funds can be transferred quickly
Can be used without linking to a bank account or credit card

Cons of PayPal

Fees can be expensive
Not all retailers accept PayPal
Can be difficult to dispute charges

Ease of Use

Features

Value For Money

Support

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Top Features of PayPal

01.

Easy to get started

02.

Widely used solution

03.

Send or Receive payment from anywhere

04.

Easy invoicing

05.

No setup or monthly fee

06.

Accelerated solution for businesses

07.

Request payment option

08.

Recurring payments and subscriptions

09.

Fraud management

10.

Seller protection

11.

Buyer protection

12.

Over 100 currencies supported

13.

Over 360 million users

14.

Over 20 years in business

PayPal: Company Profile

Dan Schulman: CEO PayPal

Started in the year 1999, PayPal is one of the leading digital businesses on the internet. It is an easy online payment solution used by millions of users from across the world. The platform has over 400 million active users

CEO Name:

Dan Schulman

Est. Year:

1998

Employees:

10001+

HQ Location:

California, US

Funding:

$216M

Detailed Review of PayPal

PayPal needs no introduction when it comes to accepting payment for your online business. It is one of the most widely used platforms to accept payments.

It is very popular among bloggers, freelancers and other online businesses. The ease of use makes PayPal a quick & preferred solution for businesses to accept payments.

You can quickly get started with PayPal, all you have to do is to create an account and add your bank details and you can start accepting online payments. If you are planning to start your freelancing career, PayPal is going to be of great help. And it is similar for affiliate marketers as well.

However, there are certain drawbacks of PayPal. High transaction fee & currency conversion rate is a turnoff for PayPal users and look for alternatives.

If you are one of those who is looking for the best PayPal alternatives, we have listed the top options that you can use to accept online payments in this article.

Request Payment

PayPal makes it simple for the users to request payment from the clients. You get easy option to create an invoice in the PayPal platform making it look professional and at the same time easier to keep a track of all your due payments.

The process of creating an invoice on the PayPal platform is simple and easy. You just have to go to request money tab and click on create an invoice.

Add the email that you wish to request money from and add customer billing details. You can add the service description, quantity and the amount and your invoice is ready.

PayPal Pricing

You can check the country-wise transaction fee on the PayPal site.

PayPal Review Competitor Price Comparison

Find the most cost-effective solution for your business. Check the price comparison of all the software that we listed in this category.

Product Name

Free Plan

Min Price

Max Price

Score

Stripe

4.3%

91.25%

Payoneer

Yes

Custom

90%

2Checkout

Custom

91.25%

PayPal FAQs

Q1. What is PayPal? PayPal is a popular online money transfer solution that is popular and widely used by freelancers, bloggers, and small businesses to send and receive money online.

Q2. Is PayPal Free? Well, you can create a free account on PayPal and there is no monthly fee. However, you will be charged for every transaction that you do through PayPal.

Q3. Is PayPal Safe? Is PayPal is a safe platform to send and receive money. The platform has been around for more than 20 years and offers services to more than 360 million users.

Q4. How Do I Get Paid Using PayPal? You can create a free account on PayPal and link your bank account. PayPal primarily uses email ID for the payment transfer. So, once you receive any money, it gets transferred to the bank account that is linked to your PayPal account.

What Kind of Support PayPal Offers?

PayPal is a very popular online payment solution and there are tons of tutorials available to help the users. You can also contact the PayPal support team to get your issues resolved.

Tutorial Videos & Documentation

Forum & Ticket

Platforms Supported

Windows: Supported
MacOS: Supported
Web-Based, Cloud: Supported
iPhone / iPad: Supported
Android: Supported

PayPal: Alternatives

91.25%

NitDit Score

Stripe

Free Version

Min Price

Max Price

4.3%

Stripe is a well-known payment service that you can use to accept payment from your customers. Stripe is considered as one of the most popular alternatives to PayPal and other popular payment gateways. It supports more than 135 different currencies...

Read Review

Product Page

90%

NitDit Score

Payoneer

Free Version

Yes

Min Price

Custom

Max Price

Custom

Payoneer is a popular & easy to use service to receive online payments. It is widely used by bloggers & other online businesses to receive payments. It is also considered one of the best alternatives to PayPal. Payoneer works in an...

Read Review

Product Page

91.25%

NitDit Score

2Checkout

Free Version

Min Price

Custom

Max Price

Custom

2CheckOut has been one of the biggest names when it comes to payment gateways. This platform will make it very simple for you to manage payment transactions online. 2CheckOut currently offers services in over 180 countries. The Internet has enabled...

Read Review

Product Page

Review Transparency

At NitDit, we try to be as detailed as possible while reviewing any software. Our objective is to help our readers make an informed decision while purchasing software. Here’s how we review a software.

We go through the software in detail
We test most of the software before writing
We go through documentation
We check communities for user sentiment

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PayPal Reviews

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Ease of Use

5 4 3 2 1
Features

5 4 3 2 1
Value for Money

5 4 3 2 1

CEO Name:

Dan Schulman

Co Name:

PayPal Pte. Ltd.

Est. Year:

1998

Employees:

10001+

Headquarter:

California, US

Funding:

$216M

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2Checkout

91.25 % (NitDit Score)

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Top Features

Pricing

FAQs

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Reviews

PayPal Review: Top Features, Pricing, Pros & Cons

What is PayPal?

Pros of PayPal

Cons of PayPal

Top Features of PayPal

PayPal: Company Profile

Detailed Review of PayPal

Request Payment

PayPal Pricing

PayPal Review Competitor Price Comparison

PayPal FAQs

What Kind of Support PayPal Offers?

Platforms Supported

PayPal: Alternatives

Stripe

Payoneer

2Checkout

Review Transparency

PayPal Reviews

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