PayPal is now the biggest third party payment provider in the world meaning that it now dominates online processing on sites that go far beyond its origins on eBay. A huge number of retailers now try to get you to use PayPal when you make an online purchase. But there are both advantages and disadvantages to doing this. Here, we look at the pros and cons of PayPal. Advantages of PayPal PayPal is safe. PayPal encrypts all of its customers’ data to the highest possible standard. Its servers check your browser to make sure that you are using the latest encryption technology. It then stores that data on servers which are not directly connected to the rest of the web. That means that even if PayPal’s public-facing servers are hacked, your data has a higher level of protection than with many other payment providers. Sending money to friends and family is free. If you ever have to send money to somebody in your family who is at university or abroad, then you’ll know that many providers
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The pros and cons of using PayPal
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