Why use Paypal? Most people are wary of using the Internet, especially when it comes to giving out their information, whether it is personal or financial. There are many companies online that offer people, whether for business or non-profit to accept monetary transactions like StormPay, YourPay, and Paypal. Each system has their own rules, and ways to use their process. What is most important is how they make their product available to the public and how much it costs. Some places simply allow you to join for free and only a minimal fee with each transaction. Others require a download and sign up with fees attached. After being a online floating consumer, I actually found Paypal to be the best option. Below are reasons why you should use Paypal.

- It is the MOST trusted payment processor online. Most programs online are already made ready to easily incorporate Paypal to accept and process payments.
- Using paypal is secure, more so than any other online payment processor and has the lowest fees online.
- Using paypal in conjunction with a bank account is safer than entering a simple credit card number to your program. Reason is that if some strange person gets the bright idea to hack your site, they can use the credit card against you. With paypal, your email address is the only thing given out and their site has the best encryption online. Paypal was the one of the first to come up with the secure encryption and now most banks online have obtained their same encryption or something better to process transactions.
- Using paypal gives you the ability to become trustworthy. No matter what, everyone is wary of the internet when it comes to giving out any personal or financial information. With each successful transaction from another verified Paypal user, you get a User rank status. For example, if you have joined paypal 2 years ago and had 300 successful transactions, your profile with paypal will simply say how long you have been with them and how many transactions you have made successfully. In the case that you may have had a bad transaction, that will also be displayed.
- You do not have to download paypal to your computer to process transactions. They process it for you and you can simply go to Paypal, log in, and transfer the money to your bank account.
- Receiving payments come with a very fair processing transaction. The most minimal transaction that can be taken out is 33 cents. The published Paypal fee for processing a transaction is on the following page:
https://www.paypal.com/us/cgi-bin/webscr?cmd=_display-fees
As anyone can see, these are even far below regular transactions like tax for buying something at a local store or mall. These are even far below on usual charges for businesses to have checks processed by their bank if such a fee is required.
- It does not cost to transfer money online directly from paypal to your bank account and vice versa. You do not have to have a minimum balance, nor a monthly fee, nor an annual fee. You do not have cancellation or even set-up fees and best of all, no lengthy process for account approval.
- Again, this is the safest way, especially when you are contracting outside people to work on your website. It is even FDIC backed. It is best to give them the email address that is used for paypal and they will plug that simple information into the shop cart. This makes it more reassuring to the client and even most web designers, web design professors, and web design firms will say that they recommend paypal. Some places are not comfortable using all of the personal information and will strongly suggest paypal as a solution.