Online Payment Platforms: Which is the Best For You?

Paypal

PayPal is by far the biggest payment service online, and one of the oldest.

While thats no longer the case, Paypal still manages roughly 40% of online payments.

A person uses their phone to make a payment.

PayPal allows account holders to make payments for online purchases through a PayPal account, credit or debit card.

Users who have PayPal accounts can also send and request money between each other.

Paypals greatest strength is its share of the market.

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The service offers more customization for payments, and generally presents itself as more flexible than other options.

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It processes funds via credit card or bank and transfers those funds to the sellers account.

Working through an establishedAmazon account,it allows users to make payments on third party websites and apps.

Overall, Amazon Pay is geared toward buyers and consumers more than people doing online business.

Shopify Payments

Much like Amazon Pay, Shopify Payments is integrated with its parent company Shopify.

If your business is already established however, it could be to your benefit.

He has also self-published a handful of novels.

William holds a bachelors degree in history from Jacksonville University.

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