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paypal vs Paypal checkout
- Listed: 16 March 2021 15 h 56 min
Description
paypal vs Paypal checkout
Title: Understanding the Differences Between PayPal and PayPal Checkout
When navigating the vast sea of online shopping, especially when shipping electronics from China to Greece, payment methods can be a hassle. Two of the most commonly used payment options in this scenario are PayPal and PayPal Checkout. Let’s dissect the differences between the two and shed some light on your particular situation.
Navigating the Choices
When making a purchase on a website, whether for mobile components or other products, you often come across various payment methods, including “PayPal” and “PayPal Checkout.” These options may seem interchangeable at first glance, but they operate a little differently under the hood.
PayPal vs PayPal Checkout
– PayPal is a well-known digital wallet service that allows you to send and receive money using an email address. It operates similarly to a traditional bank account but is entirely online.
– PayPal Checkout is a newer technology provided by PayPal that enables sellers to accept payments directly on their websites. It offers a seamless checkout process and integrates with a variety of payment methods, including PayPal accounts.
Why the Confusion?
The primary difference lies in the transaction fees and the handling of payments. While both options are managed by PayPal, they are separate payment methods with their nuances.
In your case, the site offers two payment methods: “Paypal” and “Checkout with Paypal.” You’ve noted that choosing the “Checkout with Paypal” option incurs additional charges. This is because PayPal Checkout often includes transaction fees for the seller, which are sometimes passed on to the buyer in the form of extra charges.
Important Considerations
When choosing your payment method, consider the following:
1. **Additional Fees**: If “Paypal Checkout” option has more charges, it is likely due to how the seller may handle the payment processing fees. The seller might be trying to offset their costs by increasing the price.
2. **Hidden Costs**: Although your chosen payment option might seem cheaper at the point of checkout, be sure to double-check for any hidden fees. With the straight “Paypal” method, ensure that there won’t be any additional charges upon the delivery of your items. Payment methods sometimes vary with the delivery destinations and can add extra fees that might not be initially visible.
3. **Transaction Speed and Security**: Both options should offer you a secure way to make payments. In terms of transaction speed and tracking, they should operate similarly. However, PayPal Classic (the “Paypal” method) works by going through an external PayPal platform during the transaction, while PayPal Checkout streamlines the process on the e-commerce site directly.
What Should You Do Next?
If you are confused or find it challenging to predict any additional costs for shipping, it might be wise to reach out to customer support for a clearer understanding of the potential fees involved.
In conclusion, the choice between “PayPal” and “PayPal Checkout” should depend on the total cost including all possible fees and your personal experience or preference. Before making a decision, be sure to understand all the fees involved and the conditions for both buyers and sellers in this process. Remember, getting a clear picture before you hit “buy” can save you from unexpected charges and complications upon delivery.
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