The Pros and Cons of PayPal
| Pros | Cons |
| People with funds in their PayPal accounts may prefer to use these up rather than use a credit card. |
Some online shoppers realise that PayPal is relatively easy to set up and doesn't require a merchant bank account and therefore perceive it as amateurish, more so in the UK than the US. |
| Some online shoppers see money in the PayPal account a bit like a gift voucher waiting to be spent as opposed to a credit card that should avoid spending if possible. |
The user is taken away from the online shop on to the PayPal website. |
| Some customers are reassured by the security PayPal provides. | PayPal have been known to freeze user accounts without warning. |
| If a user has a PayPal account it's likely that they have bought things online before and are likely to buy online again. | |
| When used with other payment options, PayPal is just another option that may be more convenient. | |
| Tends to be popular and trusted in the US. | |
| No subscription fees on the Standard account. | |
| Good for international payments. |