I have used PayPal for many years, and I use it for business, as well as having a PayPal Business Card, allowing me instant access to funds either via an ATM or paying companies, it also manages my accounts as ALL invoices produced by my company allows me to keep track of accounts, run analytics on our business performance. I know I pay over the odds in fees, but there is a lot of trust factor there as well as convenience.
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Hi there! I have a question for you. As you explained you are an avid user of PayPal, what are your thoughts on Ripple, as an investment and just generally? I have been researching it quite a bit and see a variance of opinions in the crypto world regarding the use of this technology.
It is something I am going to take a look at, the issue I have is that I accept PayPal via my website, it is a trusted platform for most businesses, having said that, I am considering on our next rebuild to accept Cryptocurrencies as an alternative. The only cons against, is that most businesses that shop with me either pay via PayPal or Bank Transfer, and either way they receive an invoice via PayPal. So for me, I apologise but cannot really comment on it as an investment option. Sorry I couldn't be more help.
Thank you for your honest answer!
i hate paying the fees on paypal