PayPal is one of the world's largest Internet payment companies. Founded in 1998, PayPal is at the forefront of the digital payments revolution. PayPal gives people better ways to connect to their money and to each other, helping them access and move their money in a safer way, and offering a choice of how they would like to pay or be paid.
With 179 million active customer accounts, PayPal has created an open payments ecosystem that people and businesses choose to transact with each other, in a safer way, online, in stores and on mobile devices. PayPal is a global payments platform that is available to people in more than 200 markets, allowing customers to get paid in more than 100 currencies, withdraw funds to their bank accounts in 57 currencies and hold balances in their PayPal accounts in 26 currencies.
nopCommerce supports PayPal integration out of the box.
- Access to 203M active customers in over 200 Countries around the Globe
- Higher conversion rate – fewer screens, fewer clicks, and up to a 70% higher conversion rate over credit cards
- The option to increase online sales by adding a PayPal Credit button for Merchants Customers (depends on the integration)
- Higher Transaction Value: Merchants who offer PayPal see a 2.7% increase in transaction value compared to merchants who don’t.