MBA403 Does Your Online Business Need to Accept PayPal?

MBA403

PayPal is the oldest and most well-known payment processor out there. However, purchasing these days can be done very easily by using credit or debit cards. Therefore having this option will not require your potential customers to sign in to or create an account with PayPal. So the question is; is PayPal still a must have? What are the advantages and disadvantages? Let us give you our opinion in today’s show. Hit play!

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  • Hey Omar, another point to remember regarding PayPal, is that some people either don’t have, or don’t want to have a credit card (cf. Dave Ramsey). If you don’t have a non-credit card option, you might be losing sales to those people.

    • Nicole Baldinu

      Hey Steve! Thanks for chiming in – that’s a good point. It’s true that some do not want/have credit cards. I guess it’s also great that most debit cards have the credit card function and a lot of payment processors will accept those too. Appreciate you listening Steve!