If there’s one thing that technology has brought us over the last decade or so that makes life easier, it’s the ability to process payments at the touch of a button. Undoubtedly the biggest champion of this is PayPal. Over the last 20 years of existence, PayPal has helped people and businesses make far more effective transactions.
1. You can pay for multiple things online
With so many of our favourite stores online, not to mention special online-only boutiques, it’s fair to say that most of us have shopped online in some capacity at least once. Normally when we do this, we are given the option to pay using our debit or credit cards.
While this option is great, it can often be a time-consuming process having to enter your card details from site to site. This is especially annoying if you’re paying on the go, as sometimes it’s difficult to get to your bank or card details while you’re mobile.
PayPal takes this effort away by allowing you to link a bank account or specific card details to your account with them. From there, you simply shop online as normal and when it comes to pay, you simply have to confirm through your PayPal account and your transaction is processed, with no need to enter bank card or account details!
2. It’s a secure online option
PayPal is a more secure option than paying by debit card online, as it keeps your details protected from hackers and fraudsters. When you check out using PayPal, you only ever enter your PayPal details on sites. This means your bank account and personal information doesn’t get transferred across different sites, so the risk of being hacked and defrauded is lower.
This is the reason that there are many casino sites that accept PayPal out there, as they know their players are reluctant to give over their sensitive information online.
3. International transfers are fast and fee-free
Unlike when you make a bank transfer overseas, PayPal doesn’t charge you a fee to send some cash from somewhere like Canada to the UK. Making it a more preferable option if you’re looking to transfer to somebody abroad. These payments process faster than something like a wire transfer, making the process more efficient and easier for both you and whoever you’re sending money to.
This is why many people opt to pay for things on holiday using PayPal where possible. Many hotels, hostels and tourist attractions accept this form of payment, so you don’t need to worry about things like losing currency abroad or being stuck without any cash due to a card decline.
These are just the three main ways in which PayPal makes your life easier, though there are many other benefits to this magnificent online payment processor depending on what you need to do, such as sell or buy, transfer or receive and so on.
If you haven’t tried PayPal and you regularly either buy and sell things online, or travel abroad, it’s a recommended option you should try at your earliest convenience!