Is PayPal the best payment processor?

[Kakashi2020]

I've been using PayPal for a decade now and I must admit that I think of it as the best payment processor available globally. Even though there's a lot of new processors nowadays, PayPal remains the most trusted.

Which payment processor do you think is the best?

 

[Patrik]

If you are fine with the kind of high fees then yes it is, as it's easier to use and almost accepeted everywhere in online shopping stores

 

[Alexandoy]

I have been with Paypal for quite a long time now that I feel comfortable and safe. Paypal is the largest payment remittance center and it has been tested with time. The downside is the fee that Paypal collects for business transactions. Small businesses can evade the transaction fees if they will just transfer funds instead of paying as a transaction. However, transfer of funds has no fees but it has no guarantee of refund in case there is a problem. The so called buyer's protection can be invoked for disputes. Nevertheless Paypal is the standard now. By the way, Paypal is owned by billionaire Elon Musk.