Phonandroid Download Paypal Apk Free on Android

Paypal is an online solution that allows you to manage your money in a simple, fast and secure manner.You can use it to send money, pay for your purchases and accept payments without you being forced to enter your bank information each time you make a transaction.The service now has more than 360 million users to shop on several thousand sites across 200 countries with more than 25 currencies.

Download Paypal for Android

Version 8.9.1 |Developer Paypal Mobile |Update on 01/28/2022

What is Paypal?

Launched over 20 years ago, Paypal is one of the first online payment systems.Today, the platform is essential on the market.Present in France since 2004, it is considered one of the most reliable.Paypal is a service that is aimed at both individuals and professionals.The company offers you to create an account that allows you to receive money and pay your purchases online.Thanks to this account, you could make online payments on different websites.In the same way, you can receive payments when you sell on sites.

Thousands of platforms, on which individuals can offer their products or services, only use this means of payment.The opening of a Paypal account is thus essential to them.It is the same on most of the famous auction or used auction sites, such as eBay, BHV.FR and Fnac.com where this payment method is particularly privileged.

How it works ?

Anyone can have access to the service and open an account.To create an account, you must provide some information.You must then associate your Paypal account with a credit card or a bank account.The platform then plays the role of intermediary between traders and the bank in the context of online purchases.Once you have completed the registration procedure, you can immediately use your account to simply pay with your email address and password.

Why use Paypal?

Thanks to Paypal, you will benefit from many advantages.The service allows you to perform online transactions without having to communicate your bank information.From the moment you are registered on the platform, you will only have to provide your email address and password in order to pay your purchases or make a transfer.It will save you precious time.

The service is also willing to pay any disputes between a seller and a buyer.Thus, in the event of a problem, if the buyer requests it, the platform may intervene.She can take control of the conflict and try to find a solution.For example, if you order an item that is not delivered or that does not correspond to the description, the platform may reimburse you.You can also request the reimbursement of return costs if you decide to return an item.

Paypal also offers other advantages such as safety and flexibility.The company uses an information encryption system and an antifraude technology that makes it possible to secure user contact details.In addition, the platform offers you to record your bank card on your account while combining your loyalty points.You are also free to choose your supply source.

Simplicity is also a major advantage of Paypal.The service allows you to quickly send money around the world thanks to a unique link or its application.To pay a purchase, you just have to have the recipient phone number or email address.In the event that the latter does not yet have an account, he only has to create a.

A paid or free service?

The creation of your PayPal account is free.Most personal transactions as well as online purchases are also free.Expensive bank transfers and checks become almost obsolete thanks to this service.However, you must provide costs for certain types of transactions.

When you buy an online item from retailers who accept Paypal, no costs are applied, unless the transaction involves conversion of currency.The platform however collects transaction costs in the context of purchases made on a foreign currency.They can rise in order of 3 % or 4 %.

Are considered as personal transaction to send or receive money from friends or family.In general, it is free.However, fees can be applied according to the country from which the money is received or sent.A national personal transaction does not cause costs, but for an international transaction, count between 0.99 and 4.99 dollars.

Regarding the sending of money with a credit or debit card, provide a 2.9 % fee for national payment and 5 % for payment with an international card.To this are added fixed costs which depend on the country.For example, for payment from the United States, it will take fixed costs of $ 0.30.

In addition, receipt of money via Paypal is also free as part of a personal transaction.However, fees can be applied in case of currency conversion.From the moment the money is found in the account, you can transfer it for free to your bank account unless you want to have instant access to the funds.In this case, you must provide costs of 1 %.In addition, if you want to draw a check from a PayPal account, fees of $ 1.50 per withdrawal will be billed you.

Use a professional or personal account

With a personal paypal account, you can make your purchases online or send money to your loved ones.This type of account can also serve you for the sale of goods and services such as selling shoes on eBay for example.It should still be noted that the features of a personal account are relatively limited.This kind of account is above all adapted to the needs of those who plan to market their goods and services occasionally.

A professional account gives you access to all features.Thanks to this type of account, the integration of points of sale and electronic commerce is possible.It also allows recurring billing and online billing.In addition, this gives you access to a virtual terminal.Simple and quick, the creation of a professional account has no monthly or annual costs.By choosing to create a professional account, you can create an account at 200 of your employees.Each of them will have a level of authority and a single connection identifier.

If you have a personal account, voting last and first name will appear for each transaction.With a professional account, you can use the name of the company.It should be noted that the transaction costs for a professional account are similar to those of a personal account.However, additional services can cause costs.For recurring invoicing for example, monthly costs that amount to $ 10 are expected.

Paypal's drawbacks

The online payment service has certain limits to take into account.First, the platform is not available on all merchant sites.Sites like Amazon do not accept service.

Paypal does not charge monthly fees, but pays costs from the sums collected as part of a sale.These costs are fixed up to 2.90 % of the amount + a fixed commission.Reception of a cross -border payment also generates costs ranging from 0.5 % to 2 % of the amount of the transaction.This amounts to a minimum cost of € 1.99 and maximum of € 3.99.Conversion to another currency also causes costs corresponding to 4% of the amount.

Another drawback of the service: the transfer of money from a Paypal account to a bank account can be long.Know that there are several alternatives to this system.For example, we can quote:

Moneybooker

This service allows you to pay, transfer and receive money without having to attach a bank card or a bank account.

Shopify Payments

This is a payment processing system that offers transparent payment management experience.It can be associated with different platforms and solutions, as well as third -party payment processors.

TransferWise

This system is undoubtedly the most common to carry out international transfers.In addition, it is a much cheaper alternative than Paypal.In addition, this tool offers transparent pricing.

Related Articles

Find out how to remove the tartar on your dog's teeth

Under what conditions can you have an inflatable jacuzzi on its terrace or balcony?

Grass mower a perfect lawn!

What are the measures in the dart game