I use PayPal mostly for Work Purpose but also for Personal usages like shopping online and processing my debit and credit cards, reasons I like PayPal is that:
1. the first view of PayPal website Page is welcoming as it is much simplified and easy to understand the writings and the links work properly
2. its is easy to set up an account, and advantages for opening a business or personal account are well outlined in the process of opening an account.
3. PayPal ease`s processing Debit and Credit cards
4.PayPal is reliable as it pays and receives payment instantly
5. PayPal sends an email notification immediately you receive money to your account
6. users are allowed to view transaction histories a per desired dates range
7. PayPal allows user to send invoices and the invoices are easily customized
8. one can set an account to automatically pay or send invoice in a period of time, this saves a lot of time sending invoices to the same person every time
9. PayPal is fast and reliable.
10. Now that PayPal in Africa is linked to mobile money services it even easier to withdraw cash from an account as fast.
though PayPal is well designed to help users transact online some of its feature that need improvement are:
-PayPal capital works only in a few listed countries
-Changing wrongly spelled Names can be hectic for a person is asked to provide more prove to that they own the account.
-PayPal customer services are sometimes responsive but might take longer to reply to an issue regarding an account.
-Temporary Payment holds.
I would highly recommend PayPal for any type of business that involves online payments as its fees are effective and it is easy to withdraw and deposit fund to a PayPal account, it allows user to send customized invoices and even reminders for late Payments, users are also allowed to add their bank accounts as Payment method, so can pay even without a balance in your PayPal account.
PayPal has helped my company set an automatic payment to employees after every month and it never fails, it easy to view your transaction history, send invoices to clients and even shop for work materials online, PayPal has more benefits like it really saves time and money as the transactions fee are cost effective.