Review on PayPal by Madan Sharma
Paypal for Business
We use paypal for our ebay store.
It was part of ebay earlier. Now ebay is managing payments itself.
Paypal is eady to use . Safe . Never had issue with paypal regarding security and fraud.
There is seller protection program also.
Paypal charges around 25p + 3% for each sale . There is another model is is micropayment program which is 5p+5% for each sale.
We were in first plan. We lost lot of money as most of our sales were less than 3GBP .
Paypal team should have contacted us regarding the benefit of micropayment plan. We came to know about it though friend. We used it for 1 year and then ebay moved from paypal to ebay managed payments.
Big loss to paypal.
Paypal should find a way to cut down its fees otherwise most of big platforms will be out of ebay services.
Pros
- Easy to use
Cons
- more fees
New products
Comments (1)
February 08, 2021
Paypal fees is a big issue and they should find a solution for store integration and due to this recent issues paypal have decided to stop online utility payment services in India which is a big loss for users and paypal itself.
