Paypal Reviews

PayPal offers a variety of products and services. One of the main offerings is the ability to send money and make online payments in a secure way. Users can also receive money and set up a merchant account. PayPal provides Buyer Protection on eligible items for goods purchased using a PayPal account.

Another popular feature is PayPal Debit Card, which allows users to shop nearby and get cash back. Users can also get paychecks up to 2 days early with Direct Deposit.

PayPal Savings is another service where users can earn interest. However, it's important to note that PayPal is a financial technology company, not a bank. Banking services are provided by Synchrony Bank, and a PayPal Balance account is required to use PayPal Savings.

PayPal also offers Fastlane, a smarter, faster checkout experience. This service is seeing checkout conversion rates of up to 70% for BigCommerce merchants.

Lastly, PayPal is unveiling new innovations to revolutionize commerce, including AI-powered innovations and rewarding app features. These are expected to be released soon.

Please note that the availability of these products and services may vary by region and other factors..

Paypal.com has a refund policy where customers can request a refund for a completed payment by contacting the seller. The money will return to its original payment method, such as the customer's bank, credit card, or PayPal account. If the customer doesn't receive a refund, they can open a dispute in their Resolution Center. They have 180 days from the payment date to open a dispute. If the dispute cannot be resolved, the customer has 20 days to escalate the dispute to a claim. In a claim, the case is investigated and the outcome is decided.

As for the shipping policy, PayPal Shipping Center is included for free as part of the PayPal account. Any charges incurred always come from a carrier for the purchases of the labels. The shipping rates are how much customers are charged to ship their items. For single items, flat-rate shipping can be used. When customers order more than one item, an incremental shipping fee can be charged. For more complex shipping rates, the PayPal Shipping Calculator can be used. Customers can purchase and print a label on the PayPal Shipping Center Buy a Label page when their order is ready to ship. The returned item must be in the same condition as when it was received and the customer is responsible for any costs associated with the return..

PayPal offers a variety of services, each with its own cost structure. For buying with PayPal, it's free to donate or pay for a purchase or any other type of commercial transaction unless it involves a currency conversion. For selling with PayPal, when you accept the User Agreement to buy or sell goods or services or make any other commercial type of transaction, we call that a "commercial transaction". For the listings of selling rates, please visit our PayPal Merchant Fees Page.

When it comes to cryptocurrencies, there's a fee for buying or selling cryptocurrencies ("crypto"). The fee will vary based on the USD value of your crypto purchase or sale amount. The exchange rate you'll see before buying or selling crypto will also include a cryptocurrency conversion spread. There's no fee for holding crypto in your account.

For commercial transactions, when you accept the User Agreement to buy or sell goods or services or make any other commercial type of transaction, we call that a “commercial transaction”. Standard rate for receiving domestic transactions Payment Type Rate Alternative Payment Method (APM) APM Transaction Rates Apply PayPal Checkout 3.49% + fixed fee PayPal Guest Checkout 3.49% + fixed fee QR code Transactions 2.29% + fixed fee QR code Transactions through third party integrator 2.29% + 0.09 USD Pay with Venmo 3.49% + fixed fee Send/Receive Money for Goods and Services 2.99% Standard Credit and Debit Card Payments 2.99% + fixed fee All Other Commercial Transactions 3.49% + fixed fee.

For receiving international transactions, the fee for receiving domestic transactions applies plus the additional percentage-based fee for international commercial transactions. Additional percentage-based fee for international commercial transactions Payment Type Rate All Commercial Transactions 1.50% Fixed fee for commercial transactions (based on currency received).

Please note that these rates are subject to change and it's always a good idea to check the latest rates on the PayPal website..

PayPal is a versatile payment platform that allows you to make payments using a variety of methods. These include PayPal balance, a bank account, PayPal Credit, debit or credit cards, and rewards balance. Some sellers allow you to store PayPal as the payment method to use whenever making purchases on their site, which can expedite the checkout process. This often involves creating an agreement with the seller that permits them to request that PayPal charge your account each time you make a purchase.

When setting up an automatic payment agreement, you may have the option to set up a preferred payment method for such agreement. You can review, set, or change a preferred payment method for an automatic payment agreement in your account settings on www.paypal.com or in the PayPal app. Your preferred payment method for an automatic payment agreement will be used for transactions with that seller. If you have available balance in a linked PayPal Balance account, that balance may be used before your preferred payment method.

If you have not set a preferred payment method for an automatic payment agreement, or if your preferred payment method for an automatic payment agreement is unavailable (for example, due to fraud risk or because it is expired or has insufficient funds) the payment method used will be in the following order, if applicable: 1. Balance account (if one is linked to your personal PayPal account) or balance in your business PayPal account; 2. Bank account; 3. PayPal co-branded debit card; 4. PayPal co-branded credit card; 5. Debit card; 6. Credit card; and 7. E-check. This is also the order of payment methods that will be used if a previously selected payment method to be used in an automatic payment agreement is unavailable.

Certain one-time online transactions may require that a backup funding method be used in the event that your selected or preferred payment method is unavailable. In those instances, the backup funding method may be displayed to you on your transaction review page, before you complete the transaction. Note that this only applies for one-time, online transactions, and not for in-store or automatic payments.