Prefer Paypal
Advantages
- A Low cost merchant processor that accepts credit /debit cards, bank transfers etc.
- Easy and cheap to use, fast to set up and funds readily available.
- Allows people to make online payments without credit cards and PayPal accounts
Disadvantages
- Customers require paypal accounts and have to leave the site to make payments, may not be acceptable as prefer easy payment options. Moreover, their personal information to be given to an organization they do not know.
- Signing up for an account requires verification of credit cards that can take a month.
Other Alternatives to PayPal are Worldpay and 2checkout.
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