One of the oldest—and probably the best known—service for making payments, PayPal has evolved from its simple eBay transaction roots and now offers a quick and easy way to send and receive payments between friends and online retailers.
PayPal integrates with a variety of services and is available in over 200 markets. With over 244 million active users as of 2018, PayPal is one of the largest online payment services. The company also offers a PayPal cash card that allows users to spend or withdraw funds directly from their PayPal balance.
PayPal is simple and works by connecting a supported bank account. Users can easily add contacts to send and request money. A money pool feature allows users to collect money from friends and family in cases such as shared expenses, fundraising or a group vacation or gift. PayPal even has options for donating charity or ordering and paying for local takeout.
Who is it for?
People who want multiple features in a mobile payments app. PayPal has more features than just sending and receiving money.
- Instant Transfer.
- PayPal Cash Card.
- Worldwide currencies.
- Money Pool.
- Local Food Ordering.