With more than 50 million accounts worldwide, PayPal is the global leader in online payment solutions. Available in 45 countries and 5 currencies, it is ideal for international transactions.
Why use PayPal for your international business?
PayPal enables anyone with an email address to easily send and receive secure payments online. PayPal provides a service that is:
International
With over 50 million accounts and availability in 45 countries PayPal gives you access to a truly international customer base.
PayPal enables you to send and receive payments in 5 currencies:
- British Pounds
- Euros
- US Dollars
- Canadian Dollars
- Japanese Yen
Did you know?
PayPal is clearly perceived as the preferred method for international payments by eBay sellers. 72% of eBay sellers say they use PayPal frequently as a payment option for auctions open to international bidders*.
* Online survey of randomly selected international eBay sellers
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Safe
PayPal uses the best commercially-available encryption technology to ensure that your financial information is never shared with buyers or sellers, something that people may be more concerned about when involved in international trade.
PayPal's extensive global user base of members is experienced and comfortable shopping on the Web. Tapping into this giant network of savvy users is one of the fastest and most affordable ways to expand your eBay business.
Cheques can reveal your financial information to the seller. Your bank account information is written on the bottom of every cheque you write. With PayPal payments, your seller never sees any of your financial information, and you can be assured that the security of our users is our top priority.
Did you know?
Over half of all eBay buyers won't bid on an item unless an online payment method is offered*.
*Based on the results of an online survey of randomly selected eBay US buyers
PayPal is the safest way to pay online and maintains one of the lowest loss rates due to fraud in the online retail industry - 0.27% or about ¼ of 1%.
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Fast
Paper-based payment systems slow down the transaction process and limit your ability to scale your business
- If you are a seller, waiting for an international money order or cheque to arrive can take time when involved in domestic transactions, but can take even longer for international transactions. Then it takes time to cash the payment at your bank. Additionally, banks can charge substantial fees to cash international cheques. With PayPal, payments from buyers appear in your account instantly, so you can dispatch your items faster and keep your customers happier.
- If you are a buyer, you can receive your purchased items faster when buying internationally by instantly submitting payments using your PayPal account. You do not need to travel to the bank or to the post office. You can purchase your items from your office, at home or anywhere you have access to your email account.
- PayPal users buy in real-time. The seamless integration of PayPal to the eBay online marketplace provides a quick, convenient experience. The entire checkout process takes just a few clicks.
Did you know?
50-60% of international auctions with PayPal get paid* within 24 hours of the auction close**.
On average, a seller using PayPal receives payment (payment is transferred to the seller's PayPal balance) at least 5 days faster than when using an international money order***.
* Payment is defined as: money has been transferred to the seller's PayPal balance
** Based on the results of an online survey of randomly selected eBay UK, CA, DE, and AU sellers
*** On average it can take at least 5 days to post an international money order
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Easy
PayPal opens you up to a world of opportunities by instantly allowing you to trade internationally in an easy way. PayPal is available to anyone with an email address and allows you to trade in 5 currencies. Multiple Currencies facilitate global trading by making it easier for users who wish to transact in their local currencies to buy and sell. Multiple Currencies can help your business grow by helping you attract a broader base of local and international buyers, as well as by increasing your ability to sell across international sites - all using a single payment solution.
As a buyer or seller you can keep track of transactions by going to your online account. PayPal enables anyone with an email address to easily send and receive secure payments online.
Managing the growth of your business on eBay is easier than ever. PayPal provides one of the most advanced online payment systems, making it easy for you to scale and manage your transactions as your business on eBay grows.
Did you know?
eBay listings that offer PayPal are 70% less likely to experience an Unpaid Item (also known as Non-Paying Buyer)* when the buyer pays with PayPal.
* Analysis based on eBay US listings
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Good Value
Competitive Fees. For buyers, it's free to use PayPal for international payments in the same currency. If your transaction involves a currency conversion, competitive exchange rate fees apply.
For sellers, PayPal's international transaction fees are extremely competitive when compared with other international payment methods such as cheques, international money orders and bank transfers.
The standard rate for UK transactions is 3.4%+ £0.20 GBP, although many sellers qualify for a lower Merchant Rate. If you receive a payment from a user in another country, a small additional cross-border fee will be charged. The cross-border fee is an additional 0.5% for Pound Sterling payments.
As you scale your business, you can access benefits. Premier and Business accounts are charged either the Standard rate or a Merchant Rate based on volume. All Premier and Business accounts start at the Standard Rate until they qualify for a Merchant Rate.
Did you know?
2 out of 3 eBay sellers believe offering PayPal as a payment option on their listings increases their sales volume*.
* Online survey of randomly selected eBay US sellers
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