Paypal

#e-Wallet

PayPal is a widely-used digital payment platform that allows individuals and businesses to send and receive money online, and can be used for various financial transactions such as online […]

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Description

PayPal is a widely-used digital payment platform that allows individuals and businesses to send and receive money online, and can be used for various financial transactions such as online shopping, bills payment and money transfer.

It is a trusted digital wallet with over 416 million active user accounts and over 31 million merchant accounts.

PayPal offers its consumers the option to pay online using their preconfigured payment method or by funding their wallet. Shoppers are 3X more likely to complete a purchase when PayPal is available at checkout.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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