A Personal Finance Blog for Malaysian: Why you should have a PayPal account for Payment and Collection?

Monday, November 22, 2010

Why you should have a PayPal account for Payment and Collection?

PayPal is an e-commerce business allowing payments and money transfers to be made through the Internet.

Why pay online with Paypal,
  • it is FREE (click here to sign up)
  • it is SAFE
  • it is SIMPLE

Why choose to collect payment with Paypal,
  • No monthly fees
  • No set-up fees
  • No cancellation fees
  • Anyone can apply (small business or individual)
  • Only 2.4% to 3.4% + RM2.00 per transaction
Why collect payment with Paypal?
  • Smart. Gain shoppers who prefer PayPal as a secure and convenient way to pay.

  • Sell internationally. With PayPal you can easily sell to 190 countries and regions in 6 currencies.

  • Secure. Take advantage of PayPalâs industry-leading fraud and chargeback protection.
If you have been selling (and collect payment with) Paypal, withdrawal into Malaysia bank account will cost you nothing (for above RM400).