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PayPal
Send and receive eligible payments online, with personal and business services.
About PayPal
PayPal is an online payment service used by individuals and businesses to send money, pay merchants and receive eligible payments. It offers checkout options for online shopping and tools that can help businesses accept payments, manage transactions and request money. Available services and features depend on account type, country and eligibility.Some personal transfers may be free in the same market, while receiving business payments generally incurs merchant fees. International transactions, currency conversion and particular payment methods may create additional charges. Buyers and sellers should check the current local fee schedule and applicable protections before making a payment or setting up PayPal on a website.
Key Features
- Online payments and digital wallet Personal and business accounts Merchant checkout options Payment requests and transaction records International payment support in eligible markets Mobile account access
Pros & Cons
Pros
- Familiar checkout choice Useful consumer and business tools Works across many online merchants
Cons
- Commercial transactions may incur fees Currency conversion can add costs Availability and protections vary by country
Use Cases
- Accept ecommerce payments Pay online merchants Send eligible personal transfers Invoice or request a payment Manage business transactions
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