PayPal Business is one of the most widely recognized payment brands globally, used by over 35 million merchants to accept payments online, via invoice, and in person. There is no monthly fee — merchants pay only per transaction.
The platform covers standard payment acceptance via checkout buttons, invoicing, subscription billing, and PayPal Zettle for in-person card acceptance. The PayPal button is recognized by consumers worldwide and can reduce checkout abandonment on e-commerce sites.
International payments are a key strength. PayPal supports 200+ countries and 25 currencies, making it practical for businesses with global customers.
Transaction fees are higher than Stripe for most use cases — 3.49% + $0.49 domestically versus Stripe’s 2.9% + $0.30. PayPal also has a reputation for account holds and freezes, particularly for new or high-volume accounts.
PayPal Business is best for businesses wanting instant brand recognition at checkout and international reach. Stripe or Square are better fits for lower fees or better developer tools.