One of the best payment methods out there
What do you like best?
Some of PayPal's best features are ease of use and simple user interface; availability across different platforms; and the fact that it's so widely available and very commonly accepted as a payment method. It works for both peer-to-peer payments as well as business uses such as invoicing and charging for or paying for goods or services. The platform also supports foreign transactions and holding balances in multiple currencies.
What do you dislike?
My biggest complaint with PayPal is the sometimes high transaction fees when receiving foreign currency, especially because they are not universal, and it can be a bit unpredictable which transaction will give you a fee and which won't. The rates are also not consistent. and there's no easy or conveniently placed explanation or breakdown of the fees for the user. Since I receive payments from foreign clients using different currencies on a regular basis, this is a substantially annoying feature for me and the main reason this review is not a 10. In all other ways however, this is still one of the best payment apps out there.
What problems are you solving with the product? What benefits have you realized?
I'm using PayPal primarily to receive and keep track of payments from clients.