PayPal has grown to become the world's largest third-party payment provider, dominating online processing on sites far beyond its eBay roots. When making an online purchase, a large number of retailers now try to persuade you to use PayPal.

PayPal offers different modes of payments including:

• PayPal

• PayPal Credit

• Credit cards

• Debit cards

• Pay by telephone

Let’s have a look at the benefits of using PayPal:

Advantages

  • PayPal is safe: PayPal encrypts all of its customers' information to the highest level possible. Its servers check your browser to see if you're using the most up-to-date encryption software. The data is then stored on servers that aren't directly connected to the rest of the internet. So, your data is completely safe.
  • Sending money to friends and family is free: If you ever need to send money to a family member who is at university or living abroad, you should be aware that many providers, such as Western Union, will charge you for the transaction. PayPal, on the other hand, does not charge for sending money as a gift, especially to a friend or family member.
  • An easy-to-use app: No matter where you are in the world, the PayPal iPhone and Android apps make it simple to buy online and transfer money at the touch of a screen. The PayPal app uses a PIN and/or your fingerprint to send and receive money, making it a safer option than using your credit card.
  • Pay through debit and credit card: PayPal also has the option to accept and pay using credit and debit cards. Payments from one business account or prime account to another are free, and the cost for dealing with credit and debit cards is similarly a modest 3.9 percent.
  • Using PayPal is absolutely free: One of the most important reasons to use PayPal is its low cost. There are no annual membership fees, processing fees, or service costs, and PayPal users enjoy all of the service's strong benefits.

Shear Quantity uses PayPal as its payment gateway considering the numerous advantages it offers. This giant site makes the transaction easy for buyers and sellers.

Do open an account on PayPal as soon as possible and get it verified for the most reliable and fast transfer of funds.