PayPal – A secured online payment service for consumers and merchants

With e-commerce industry growing rapidly and gaining lot of appreciation for its ease of use and comfort, most of the businesses are now going online and offering digital services. This is exactly where online payment services like PayPal play a huge role in helping you complete the transaction smoothly and securely.


So, what is PayPal? For starters, PayPal is the biggest online payment service that is available in about 203 markets around the world. PayPal acts as a payment gateway and also allows its consumers to send or receive payments to and from merchants in more than 25 currencies across the world. . PayPal has the distinction of being one of the trusted and credible global payment service.

As a consumer, you can use PayPal to shop from around the world without having to worry about how to make the payment. For example, if you are trying to buy some presentation theme for a project from a global online marketplace, PayPal makes it so much easier to make your purchase without you having to worry about your region or the currency of the payment.

PayPal does all the currency conversion for the consumer and you get billed in INR if you are in India. On the merchant side, irrespective of the currency that the consumer has made the payment with, the merchant gets the payment in the currency listed in his sale.


Another important reason why we think PayPal is one of the best payment services is the convenience it offers. It just takes a few clicks to make a payment – you can simply login to your account and checkout. That’s it! No card details or addresses needed at the time of purchase – just need to add your card details when signing up with PayPal.

As consumers ourselves, what we love the most about PayPal is the protection we get from the service. Firstly, PayPal itself is highly safe and secured with its technological innovations. Secondly, it offers a very transparent buyer protection – If you are a buyer and if your order is damaged, not correct, doesn’t arrive or turn out to be significantly different than what it seemed then PayPal will refund your amount under buyer protection.  So, your money is definitely in safe hands.


If you are a merchant, one of the reasons to start offering PayPal as a payment option is its large consumer base – presently there are more than 200 million people using PayPal worldwide. So, if you are not accepting PayPal at the moment, then you might be losing on some business. Furthermore, PayPal has a protection program for merchants too, which means you don’t have to worry about not getting paid for your services at the end of the day.

PayPal seller protection program extends protection to tangible goods such as handicrafts, fashion, art etc and intangible services like selling event tickets, giving online tuition, developing applications or buying themes.

PayPal as a platform has basically created a win-win situation for both the merchant and the consumer. The service charges are also very affordable and flexible with your transaction volume. So, whether you are a consumer or a merchant, PayPal is a service that you can depend upon.