Payments easy with PayPal

PayPal: The Best in the Payments Circle

Last Updated : 10th Aug 2021

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What is PayPal

PayPal is an American multinational fintech company that offers an online payments system. It is used by the majority of countries that support online money transfers. PayPal allows you to make and accept payments, onboard students, and manage vendor payments with a single global platform as an online tutoring marketplace owner. 

It is used by the leading online tutoring marketplaces, including Udemy. PayPal allows you and your customers to make payments using PayPal balance, a bank account, PayPal Credit, debit or credit cards, and rewards balance.

Why use PayPal?

Paypal is trusted by over 27+ million merchants and 360+ million consumers around the world. Below are the key points behind the popularity of Paypal:

  • It allows your website to accept and send Payouts in over 100 currencies across 200+ markets worldwide.
  • It supports various payment methods like debit and credit cards, regional payment methods, and PayPal transactions.
  • It helps you tackle the risk of fraud and liabilities related to payments.
  • Paypal has a well-established automated transaction monitoring system, payee support features, anti-money laundering, and compliance controls to keep your payments secured.
  • It ensures a safe and seamless customer onboarding by doing comprehensive checks on KYC, OFAC, and AML.
  • Paypal provides 24/7 customer service in over 17 languages across the globe.
  • Paypal supports many countries, including Albania, Australia, Belgium, France, Canada, China, India, the US, and many more. 

Best suited for

If you aim to make your online tutoring marketplace a global platform for people from all over the globe, then Paypal is your best bet. It will allow you to accept payments in over 100 currencies across 200+ markets worldwide. This feature will let you get more students on board without worrying about the payment methods.

Frequently Asked Questions

How much does PayPal Charge?

PayPal doesn’t charge any setup fees or cancellation fees. However, the prices vary according to the country. Click here to know the details 

What are the currencies supported by PayPal?

PayPal supports over 100 currencies across 200+ markets worldwide. Click here to see the list.

What are the countries supported by PayPal?

Businesses actively use PayPal all across the world. Click here to see the list of countries supported by PayPal. 

What are the requirements to create a custom account?

There are 3 main steps to create a custom account

  1. Identify the country to use
  2. Create your account
  3. Complete the identity verification.

To get the complete details visit here.

Talk to our team for any customization

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