While I’m a huge fan of Amazon, an Amazon Affiliate, and a Prime Addict, I also like PayPal. I have a good credit account with PayPal, get cash back on expenditures, and I can setup choice payments for my PayPal Debit Card – very convenient for the business. Just today I was on Sweetwater and desired to acquire some new headphones via PayPal. I absolutely bought them via Sweetwater as a result of their PayPal Credit integration. I’d add that the folks at Sweetwater are completely mind-blowing – I even acquired a phone call from my assigned sales engineer after the purchase congratulating me.
PayPal is an amazing option for ecommerce as it doesn’t require that your store record any of the credit card data. That’s a gorgeous safety function. I’d add that there is a draw back to PayPal, though, and that’s their system in coping with challenged costs. I have a colleague who paid their bill, then challenged it, and with out any notice – PayPal just pulled the cash back out of the colleague’s checking account. What transpired next was a terrible from side to side between the two events. Since he didn’t have a bullet proof agreement, he ultimately lost despite having introduced the work.