Review on PayPal by Madan Sharma
Paypal for Business
We use paypal for our ebay store.
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It was part of ebay earlier. Now ebay is managing payments itself.
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Paypal is eady to use . Safe . Never had issue with paypal regarding security and fraud.
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There is seller protection program also.
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Paypal charges around 25p + 3% for each sale . There is another model is is micropayment program which is 5p+5% for each sale.
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We were in first plan. We lost lot of money as most of our sales were less than 3GBP .
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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.
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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.
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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.
