PayPal has loads of advantages for both sellers and buyers if they’re unable to meet in person or don’t want to pay with cash.
Pro’s for Buyers:
- Additional security without extra fees
- PayPal Buyer Protection - you’ll be refunded if your item doesn’t arrived or it’s significantly not as described
- No need to reveal sensitive financial data
- Disputes are resolved directly via the PayPal Dispute Resolution Center
Pro’s for Sellers:
- Receive payments instantly
- No need to share sensitive financial data
- Simple to set up and easy to manage
- PayPal Seller Protection - you’re covered if the buyer reports that they didn’t receive their item it’s significantly not as described or they didn’t authorise the payment
- Disputes are resolved directly via the PayPal Dispute Resolution Center
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