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PayPal Business

4.2(24873 reviews)
Most RecognizedGlobal Reach

Overview

PayPal Business provides online payment processing and business accounts for merchants worldwide. With wide customer recognition and acceptance, PayPal makes it easy to accept payments online, send invoices, and manage international transactions.

Features

Multi-Currency Accounts

Hold and manage multiple currencies

Cross-Border Payments

Send money internationally

FX Risk Management

Hedging and forward contracts

API Integration

Automate with developer APIs

Business Accounts

Corporate banking solutions

Personal Accounts

Individual banking services

Pros

  • Widely recognized by customers
  • Easy to set up
  • Global reach
  • Buyer and seller protection
  • Invoicing tools included

Cons

  • Higher currency conversion fees
  • International fees add up (4.49%)
  • Account limitations can occur
  • Customer service issues reported

Best For

Small online businesses
Freelancers and consultants
Businesses needing customer trust
US domestic payments

Pricing

Account Fee

Free

FX Markup

3-4% currency conversion

Transfer Fees

2.99% + fixed fee

Regulation

Jurisdictions

Global

Licenses

Multi-jurisdiction licensed

Coverage

Currencies

25+ currencies

Countries

200+ countries

Ratings Breakdown

Ease of Use
4.5
Support
3.9
Value
3.8

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