Paypal

PayPal and a universe of financial facilities

Making payments more dynamic is a challenge that most businesses have work to do. So, one of the pioneers in this matter was PayPal. In this way, it also helped to introduce the concept of remote payments a few years ago. But is it worth using the app for your finances?

So, if you want to see the pros and cons of the app, and understand if it fits your reality, we'll show you! So, keep reading to learn about how PicPay can help you with your routine.

What is PayPal and how does it work?

PayPal is an online platform for you to send and receive payments. That way, you have a wide variety of options to be able to shop and pay bills and people. In other words, it is more or less like a digital wallet, with acceptance and operation in several places in Brazil and in the world.

The application works through the website or the mobile version, where you can make transactions in around 100 currencies. It works with the current exchange rate, and you can pay people in different countries using the conversion. See other features that PayPal has:

• Receive and make payments;
• Send charges to your contacts to receive amounts;
• In-person purchases using your mobile device and PayPal mobile;
• Discounts at partner stores;
• Buy with credit card online and in person.

In addition, there are many other functions, such as linking your bank accounts to the app. Thus, you can enter and withdraw amounts directly from your preferred bank. Now that you know how it works, how about seeing the pros and cons of using this app?

What are the advantages of using PayPal?

The app has several advantages during its use, especially in terms of practicality of use. That's why we've decided to separate the main benefits of using this app to make your payments. Check out what they are and see if PayPal is the perfect app for your payments:

Ease of use

One of the best things about PayPal is the simplicity of the app and how easy it is to use. So, it doesn't have a very complicated layout and full of crammed functions. The design is super lightweight and optimized so you can easily find all the tools you need.

Safety

If you don't trust internet transactions, this is one of PayPal's great advantages: security. It has several mechanisms to prevent account invasions, as well as several types of confirmations for payments. So you can trust it, it's one of the most secure apps on the market today.

It is not necessary to pay monthly

In addition to the other benefits, with PayPal you have no maintenance fees or monthly fees to pay. Everything works free of charge for you to open and maintain your account. The only thing you pay is fees for each transaction you perform within the platform. And each of them has a different value, according to the type of action.

And what does PayPal have of disadvantages?

As not everything is a bed of roses, this app also has flaws. However, it's up to you to see if these problems are extremely relevant, and if they interfere with your routine more than they help. So, we've separated the main negative points of using PayPal, check out what they are:

Problems with customer service

Many users complain about the service and support that PayPal gives customers. And in fact, when we look for a company's reputation on complaint sites, the ratings are regular. In addition, there are a lot of unanswered and unresolved demands.

High cost of fees

To balance the lack of charges for opening and maintaining the digital wallet, PayPal has transaction fees. However, these fees are quite high, and sometimes not worth the amount spent on payments. In this way, it can make other types of similar apps more attractive.

Limitations on operations

Another problem that can be observed when using PayPal is the limitations on operations, especially abroad. So if you don't want to get stuck, it's a good idea to check out what types of payouts you can make first. Some countries and specific stores do not accept this digital wallet as a payment method.

So, is it worth using PayPal to make purchases and payments?

Overall, PayPal is worth using. It is a great payment tool, with some important issues and limitations. However, you need to check how often you use these applications and if it meets your real needs. So you can see if it's the best for what you need.

Furthermore, it is worth evaluating all the alternatives available on the market. That way you can also avoid the high fees of this app, so you don't lose money. So make a list of the top apps and their rates before you start moving your money.

So, if you want to know other payment applications (inserir link), we have more options on the site. So, you can well assess which ones offer the best benefits and advantages. Always remember that it is your money that is being moved, and saving can be essential!