Benefits of Using PayPal
PayPal is one of the fastest and easiest transaction methods to make payments for an item online.
This online payment method has been inputted by various online shopping websites such as Amazon, Alibaba, eBay, etc. By using PayPal, you can get various benefits such as the following:
1. Flexibility for Sellers
The PayPal payment method is very useful for any seller who offers products using online shopping sites. Why? Because sellers can get sales transactions quickly and easily from every buyer when buyers choose to buy their goods online.
Buyers only need to use their debit or credit card, the money will quickly go to the seller with ease.
This guarantee will certainly make it very easy for sellers to be able to continue offering their products online.
As we have explained above, by using PayPal, every transaction that occurs to sellers and buyers will take place quickly.
The reason is, transfers made from fellow PayPal accounts or from PayPal to a bank account only takes 24 hours.
3. Affordable Prices
Although the PayPal payment method is still subject to administrative fees, the administrative costs are still relatively cheap, even very affordable.
You should know that the administration fee for using PayPal is 30 US cents per transaction, plus a fee of 3% of the total purchase transaction amount.
4. Safe purchase
By doing the PayPal method, it can be ensured that it is safe and also at a minimum from fraudulent acts. The reason is, PayPal is able to provide guarantees to both parties, namely sellers and buyers.
Buyers can contact PayPal if there is a problem with their order, such as an incorrect item or an item not arriving at their home address by the deadline.
Seller, PayPal, and safe because the seller doesn't have to worry about fraudulent actions that can be done by the buyer, because this can be avoided by the PayPal method.
5. Privacy safe with Paypal Account
As a buyer, you no longer need to worry about the security level of your PayPal account. Why? Because PayPal is able to maintain the confidentiality of your personal data, that way your data will not spread anywhere and can avoid account account actions.
6. View transaction history easily
When you use a PayPal account, you can view a history of any transactions that you have done in the past month or even a week.
7. Are global
Currently, PayPal is a payment method that is very easily accepted by many online payment sites in various countries. Thus, PayPal has a global character because it is able to make transactions between countries and internationally
How to Use PayPal for Shopping?
Nowadays more and more people are interested in using PayPal, but many don't know how to use it. For that, in this session we will provide you with the best way to use PayPal.
There are two things you will need before continuing to use PayPal. Both are computer, laptop, or smartphone devices connected to the internet, as well as bank accounts, debit cards, or credit cards.
1. Open the Paypal Site
The first step you have to do is go to the official PayPal site, then select sign up to register.
2. Select Personal Account
After you choose to register, you will be presented with two choices, namely an account for business or an account for personal. Choose personal account if you signed up for your personal account. After that select continue.
3. Fill in Personal Data
Next, you will be asked to fill in all your personal data, such as name, email address and password. After that select continue again.
4. Fill in the complete address
Fill in the address field completely, because later this address will be used as a place where you will receive the items that you will buy online on overseas websites.
After completing this, select the second box to confirm that you have understood and read the entire user agreement.
5. Select Online Shopping
At this stage, you will be asked to fill in one of the options, namely shopping online or sending money to someone else. Once filled, then select from now on.
6. Add a credit or debit card
If you have chosen to start, you only need to add a credit card or debit card as one of the online payments using PayPal later.
7. Start Shopping
When you want to shop or donate online using a PayPal account, you only need to select the paypal logo and log in to your PayPal account using your email address and password to make a payment.
Later, PayPal will automatically provide a guarantee for the product that you have purchased in the event of damage or non-conformity of the order.
PayPal and Credit Cards
To be able to use the PayPal payment method, of course you have to open and have a personal PayPal account and have a certain amount of funds in it for the transactions you are going to make.
This is because the PayPal account must be verified using a credit card. However, credit card ownership itself is still difficult to come by, because banks have a number of policies to be able to access credit cards. Therefore, this is one of the obstacles to having a PayPal account.
However, before it was different. Paypal accounts can now be accessed easily even by using a debit card or bank account only. In essence, PayPal is an online transaction service that can make it easier for you to get goods on online shopping sites.
Thus an explanation of the meaning of PayPal and how to make it. For those of you who want to create a PayPal account, pay attention to the scope of its use, both for personal and for your business or company.
If you created a PayPal account for your business needs, then you must have a special bank account, credit card, or debit card to use your PayPal account. This is done as an anticipatory step so that your business financial management becomes tidier.
However, if you have trouble doing this, you can use accounting software from Accurate Online.
Using this accounting application will make it easier for you to carry out various accounting processes, from cash flow statements to company income statements.