Why Do Most Internet Marketers Use Paypal Exclusively

A lot of marketers stick with PayPal because of its huge market share, which carries with it a level of "trust" that their competitors don't really have as of right now. Another issue is that PayPal is free to set up and requires no credit check, whereas other solutions have a set-up fee and/or may require a credit check.

Yet another reason is that many online marketers are selling downloadable products, and PayPal can automate the delivery. Last time I checked, Google Checkout doesn't have an automated delivery process in place. Amazon Simple Pay does, but the main drawback to that is that there's no shopping cart (which PayPal does offer), so the customer has to purchase products individually if he or she wants to buy more than one thing from the same seller.

Thank you for all replying to my post. So far from what I can see here, the reason most marketers use Paypal is because, its free to set up, easy to set up, allows shopping cart, downloadable products good refund policies and has a large following.

In my experience as a web designer in my country, I have had clients that want to receive money from the internet which would include Paypal so I think I've had some experience

I would answer kmason first. I believe 3rd credit card processors like 2CO and PLimus are supposed to take care of the pain of setting up a merchant account with a bank. For $50 one can set up an account to receive both Paypal and credit cards.

In response to people having a choice of Paypal over others, the credit card processors of 2CO and PLimus, etc gives anyone an option of either purchasing your product through traditional credit card processing and Paypal.

In response to the shopping cart, I have used 2CO (2checkout.com ) for a client to set up a shopping cart and this allows downloadable product and they have a refund policy.

Why i started this post and asked the question is that, I just listened to one guys sales video message for a product (the sales video was very good I must say), and I was thinking to myself, ok this is good, but I am sure he uses Paypal like other Internet marketers, but when I hit the download button, he used Plimus. PLimus gave me an option to pay him with either through Paypal or credit card. They even went the extra length of detecting my country and converting the amount for the product which is in dollars to my county's currency. I just smiled to myself and was so happy and guess what I made payments immediately.

After I purchased, I thought to myself, why can't other marketers be like this chap. That's why i am writing this. He ued Plimus which gave me an option to pay him either with Paypal or credit cards. 2CO also does this.

So I think this answers KunTaoM reply about the large following of Paypal. All I am saying is that Internet Marketers should give people options to purchase their products.

Paypal is not the only means to collect money. I think a lot of people have not tried other options and this includes products sold at the WSO. Do you know how many product I have seen in the WSO that I cannot purchase, simply because they only receive Paypal. You have seen the stats of internet users in my country, there are hundreds of my friends, maybe thousands in this forum my country that cannot purchase your WSO product and others which use Paypal exclusively.

My opinion is that PayPal has been widely use and known payment processor so people (buyer/seller) have confidence to handle their payment with them.

i second abi ....

It's really easy to use PayPal. When offered the choice of digging out your card, entering the number, expiry date etc, OR clicking a button with an already setup card in PayPal, many people will choose the easier PayPal route.

It also feels less like spending money because you're not entering card details again!

I think because it is one of the largest and most respected online payment processor for money transactions on the web. With powerful security, affordable rates and a quick setup.

What planet are you on?

Microsoft shares are way below the shares of another computer (and software) company. They kept their products at basically crap level, while the underdogs were innovative, creative and imaginative.

Oh yes, the other company can run 99% of Microsoft software too - and it doesn't get viruses.

You know who, but I'll spell it out - A P P L E

Your argument doesn't hold water.

PS. Their 'Office' equivalent is way cheaper than MS Office, and far better too.

Just got up, 4 hours sleep, still grumpy, haven't had first caffein dose yet.

I have experienced this as well. The majority of my clients expect and demand that they be able to pay via Paypal, and this is what they seem to be most comfortable with. No sense in rocking the boat if you don't have to, especially if it results in decreased sales.

Now, I do get occasional requests for payment methods other than Paypal, but those are few and far in between, and this is simply not enough to justify sticking another one or two payment buttons on my page.

Paypal was already well known even before eBay snapped it up, and I'm sure its reputation was a driving factor behind their acquisition of it.