What is PayPal?
A subsidiary of eBay, it is the global leader of online payment solution with more than 240 million accounts worldwide. PayPal supports 23 currencies in 190 countries and territories. PayPal is committed to enabling individuals or businesses to make online payments securely, simply and conveniently via email. More than 90% of sellers and more than 85% of buyers in cross-border transactions currently recognize and are using PayPal's electronic payment business. PayPal is the easiest and safest way to send and receive payments for international sales. Moreover, its multi-currency feature allows you to offer buyers a choice of payment options in sixteen different currencies.
PayPal
What Are the Benefits of Using PayPal?
- Use PayPal to easily expand overseas markets and gain more user support;
- Use PayPal to reduce related costs, increase profit margins, and accelerate capital turnover;
- Using brand effects to increase buyer loyalty and completely eliminate shopping barriers, PayPal provides the safest and most convenient way to pay and receive payments for cross-border transactions. Its multi-currency feature allows you to offer buyers a choice of payment options in 23 different currencies. Compared to bank remittances, PayPal saves time and effort and PayPal can be liquidated instantly.
What are the benefits for buyers? |
What are the benefits for the seller? |
Safe
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Efficient
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Simple
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Convenient
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PayPal offers fast, affordable and convenient online payment services for businesses of all sizes:
- Quick setup. Sign up and get started in minutes. No other hardware or software is required.
- It is very convenient to set up PayPal and it is free. There is no activation fee or monthly fee, no cancellation fees, and no minimum payment amount. There is no need to sign an agreement every year.
- Safe. As an industry leader in fraud prevention and risk management, PayPal's fraud loss ratio is 60%-70% lower than other corporate accounts.
- You can attract 240 million users in 190 countries and territories through the PayPal user network. In the United States, one out of every three online buyers has a PayPal account, and more than 58,000 users sign up for PayPal every day worldwide.
- Accept global payment methods. PayPal allows your international customers to pay with your local payment method. Expand your business opportunities by accepting 23 currencies.
The Differences between "PayPal" and "PayPal China":
- The PayPal International website (www.paypal.com) allows you to send and receive payments to users in 190 countries.
- You can trade in 23 currencies, including US Dollar, Canadian Dollar, Euro, British Pound, Australian Dollar and Japanese Yen.
- Only senior and corporate account holders are billed when receiving payments.
- You can add a credit card to your account and use your credit card to fund your payment.
- PayPal China（www.paypal.com.cn）can only send and receive payments to Chinese users.
- Can only be traded in RMB.
- Buyers or sellers can currently use their PayPal account for free.
- You can add a Chinese bank account to transfer funds between your PayPal account and your bank account.
How do I Sign up for a PayPal Account?
Anyone with an email address can easily and securely own a PayPal account, click on the banner below to start:
- Transaction Security
- Consumer Protection
- Payment Method