Owning a business online, processing online payment transactions have become one of the big methods of making money. If you are ignorant of the best online payment transaction service provider to use, then you need to read through this article. It is set to educate you on one of the largest online money transaction service companies. Have you heard of PayPal or you must have heard but don’t know of the important role owning a PayPal business account and its benefits can perform in the growth of your business?
PayPal Business Account and Benefits
It is the biggest online money transaction service company. you get to receive online payment when you sign up for a personal account or business account. Signing up for a PayPal business account for your company sets you up for massive opportunities and allows you to take advantage of the many beneficial features available in the PayPal business account. The most interesting fact is, there is no payment to make when setting up a PayPal business account. Although there are charges to pay to access some of the advance business account features
5 Benefits of having a PayPal Business Account
Fast set-up
To set up a PayPal business account takes as little as 15 minutes and it is carried out digitally. the registration process is totally digital and can be done from the comfort of where ever you find yourself.
No monthly maintenance fee
Unlike many banks, PayPal does not require any fee to maintain. When you sign up for an account you will not be asked to pay any fee for maintenance or sign-up charges. PayPal allows you to enjoy its entire juicy feature without you paying a dime. However, since you are using a business account you will be charged for some of the advanced features available.
Online Payment Transaction
PayPal business account cut across 200 countries with 25 currencies. The barrier of receiving payment from customers from different parts of the world is broken. PayPal makes it possible to carry out online payment transactions from any part of the world. Your customers can easily pay with major debit and credit cards even without having a PayPal account. Payments can also be made with PayPal, Venmo, and PayPal credit cards. PayPal moves over $150 billion in an online payment transaction yearly. It is the best online payment solution.
You can Access your Cash with a Debit Card Instantly
With a PayPal debit card you can access your PayPal account and also make withdrawals from any ATM or retailer store. When you make a debit purchase, PayPal gifts you 1% cash of the purchase back. at the end of the month, PayPal automatically pays your cash reward into your PayPal account.