STOA's verdictRating 7.9 out of 10
PayPal is a great fit if you sell online and want a payment processor your customers already trust — most shoppers already have a PayPal account, which means fewer abandoned checkouts.
The biggest upside is zero monthly fees, but the 3.49% + $0.49 per transaction is on the pricier side compared to competitors like Stripe or Square, so your costs add up fast if you have high sales volume.
Six factors, weightedHow we rate
- SMB Fit 25%8.0 out of 10
PayPal Checkout costs 3.49% plus a fixed fee per sale and standard card payments cost 2.99% plus a fixed fee, so a small business pays as it gets paid.
