A great help when I do international transactions

What are the best aspects of this product?

PayPal helps me avoid getting authorization from the bank every time i wish to make an international payment. It allows the linking of multiple bank accounts and transacting in multiple currencies. One can avoid risk of frauds from sharing credit card details to third party for making payments as you only need to share your email ID registered with PayPal and it does the rest. It is a secure and convenient way of making payments and receiving money internationally through this software.

What aspects are problematic or could work better?

The withdrawal fees iares high. Also, Although it allows the holding funds in multiple currencies, withdrawals can only be made in U.S. dollars so it auto-converts the funds with different currency into U.S. Dollars during the withdrawal process. It can be time consuming, sometimes frustrating.

What specific problems in your company were solved by this product?

I'm able to securely partake in transactions with International clients without divulging my credit card or bank account details. Thus, I get to avoid the risk of exposing the details to unsecured network.

Are you a current user of this product?

Yes