PayPal as an option

[George2008]

Should I add PayPal as a payment option?
Any additional business or additional headache?
I do accept right now all 4 credit cards (MC, Visa, Amex, Discover)

Thanks
George.

[rj87uk]

I think paypal is a good idea because I feel a lot of people feel that paypal is "silly" money in a respect that it is online and not cash/bank account. So a lot of people buy 'rubbish' if they have extra in paypal.

I also think its good to have extra options.

[sun818]

Yes. Remove the barriers between you and the customer. If your site does not enstill a sense of "trust", Paypal may be the payment method buyer feels most comfortable with. You can charge extra amounts on a credit card but with Paypal, you can never collect more than initially authorized.

[jwolthuis]

...but with Paypal, you can never collect more than initially authorized.

Not correct. With PayPal payments, you can capture up to 115% of the amount authorized, not to exceed $75 extra.

[sun818]

Sorry I meant "authorized" in the sense of how much the buyer paid, not authorization as in direct credit cards ("authorize & capture"). I think OP is talking about Paypal (e.g. Send Money via Paypal balance).

[jwolthuis]

PayPal payments (e.g., send money from PayPal balance) can be authorized, then captured at a later date, similar to credit cards.

PayPal also offers PayLater (instant financing for qualified merchants), and payment via eChecks. Payments can be made in any of 18 worldwide currencies, which is great for shoppers in other countries.