PayPal is an online tool for people that do business online. They offer several selling tools and integrations that have earned them many people’s trust over the years. These tools make small businesses and individual’s lives easier by doing most of the payment processing and banking needs without requiring expensive equipment or monthly charges. Most of what PayPal offers is either free or very affordable.
PayPal uses bank-level security to protect all transactions and user information which it processes. They also give users complete control over their money and what to do with it.
The following description was taken from PayPal’s About page:
At PayPal (Nasdaq: PYPL), we put people at the center of everything we do. Founded in 1998, we continue to be at the forefront of the digital payments revolution, last year we processed 4 billion payments, of which 1 billion were made on mobile devices. PayPal gives people better ways to connect to their money and to each other, helping them safely access and move their money and offering a choice of how they would like to pay or be paid. With our 173 million active customer accounts, we have created an open and secure payments ecosystem that people and businesses choose to securely transact with each other online, in stores and on mobile devices.
We use PayPal because they are a well-known, trusted brand that offers many secure payment options that make our system run smoothly.