PayPal is one of the most popular and largest payment processors today. Its popularity peaked after partnering up with eBay and gaining access to online merchants across the Internet. Most online businesses today accept PayPal in their payment methods due to its ease of use, accessibility, incredibly competitive PayPal fees, and many other advantages. 

If you have never used PayPal before, you are probably not aware of all the benefits of using it for your online purchases. Here is why you should switch to PayPal for your online purchases:

1. Security

Signing up with Paypal requires you to add your credit cards and bank accounts to your Paypal account. This is a one-time process, enabling you to use these cards and bank details for your upcoming purchase. Once you have added this information, you will never have to type in and disclose your confidential credit card information for each purchase again. PayPal follows strict security measures and ensures users' sensitive information's confidentiality. They understand that privacy is a priority, and information should be protected at all costs.

2. Flexibility

If you constantly have to deal with declined credit card payments during online purchases, PayPal is your best solution to this hassle. With your PayPal account, you can add multiple credit cards, debit cards, and bank accounts. This ensures that your payments get through in the first go. PayPal looks for funds in your sources in the order you set while signing up. This enables you to get control over which bank accounts are preferred by the system to make your online payments. 

3. Money Transfer

If you're purchasing from a friend's small business or just want to send some money to your family living far away, you can use your PayPal account to transfer money swiftly. Traditional wire transfers and Western Union-style transfers require considerable fees and take time - problems you won't have to face with PayPal. You can send money to your loved ones at an affordable cost and from the comfort of your home. 

4. Affordability

PayPal is free to sign up with and for online purchases. Shoppers using PayPal for online orders are not required to pay a processing or service charge, making it an extremely viable platform. 

5. Discounts

PayPal can help you make substantial savings, especially when making expensive purchases. It has numerous special discounts for customers that purchase from specific retailers. Visit shopping.paypal.com to find special deals at companies like Barnes & Noble, Wal-Mart, Nike, and more. You can even get technological gadgets from stores like HP at a discounted rate if using PayPal for the payment.  

To avail of such offers, you will only be required to get the promo code from PayPal's shopping web page. Paste this code into the available section for promo code when you are checking out with your order. If you are a small business starting out, PayPal can really help you streamline your supply chain and give you considerable discounts on your purchases.

Endnote

PayPal is revolutionizing the future of financial transactions. If you do not have a PayPal account, go ahead and create one today. With discounts, affordability, and savings, PayPal can help you be more financially savvy. PayPal is a secure platform that will ensure that your data is kept confidential at all costs. It also enables you to add numerous bank accounts, ensuring that your payment goes through in one go.