Monday, August 28, 2017

PayPal is the best solution for international transactions: What is your opinion?

If you are a graphic designer or a web designer and have clients in many countries then you have to find a solution to receive money from your international clients. Nowadays many people want to sell their products in international markets through online eCommerce site like eBay. Many professionals are also offering their services to their international clients. So they need a solution to do all such international transactions through online mode and with maintaining a high level of security. Sometimes you are also receiving services from another country, so you need to pay them.

Many people use credit cards and/or wire transfer or any other options to do all such transactions. But in the recent online business era, people do prefer PayPal online payment system due to security and ease of usability.


Why will you use PayPal?

With your PayPal account, you can do buy, sell, and send money and do international transactions very conveniently. If you are an online marketer, blog owner, a freelancer then PayPal can help you to receive money from across the globe. PayPal account is like your email id. You can log in and do your transactions very easily.


What if you are a buyer

  • If you want to buy anything from abroad on eBay, you just need to link your PayPal account with eBay account and purchase your product on eBay from anywhere.
  • You can buy anything on any other online store or platform around the world with your PayPal account without disclosing your credit card details.
  • PayPal account is accepted by most of the mobile sites so you can use it as your mobile wallet or e-wallet.
  • You just need to log in with email id and password to make payment. It is faster and safe.


What if you are a seller

  • With PayPal account, it is easy to sell your products abroad. You just need to add a PayPal button by pasting the code on your website.
  • Sending an invoice is very easy. You can check your invoice and send it to your client on right time and get paid right away. 


What if you want to send money

  • With your PayPal wallet, you can send money to your friends, colleagues, clients at any time just using his email id in any currency.



Advantages of PayPal account


  • No additional monthly charges pay according to your uses. Selling is 4.4% + $0.30 USD per sale, or lower
  • Very easy to create by using your PAN (Permanent Account Number), add your bank account and select purpose code
  • Global acceptance


Issues related to Indian citizens due to legal obligation


  • Per transaction, limit is $10,000
  • For personal payments, all recipients need to pay a transaction pay
  • You can not purchase directly with the amount in PayPal account, so for paying instantly for online purchase, you need to link a debit card or credit card and choose one at the time of payment
  • eBay introduced paisa-pay as an Indian sister service provider to PayPal and manage to receive money from abroad by PayPal account to Indian sellers on eBay online market place


This article/post will help you if you want to sell some products or services in abroad and looking for a solution for receiving money online or want to do international transactions. If you want to know more about PayPal or country specific issues then visit www.paypal.com. If you are an existing PayPal user or want to create a PayPal account then leave a comment.

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