Nov 1, 2018

PayPal vs Credit Card vs Debit Card

There are three popular online payment options. Each type of payment has its own pros and cons. 

  • PayPal – easy to cancel the subscription yourself from user account panel; built in features to protect buyers from frauds and theft; you don’t need to reveal your pay card information.
  • Credit card – you may have to cancel your account to stop charges; depends on your credit card company – some banks offer extra protection to sensitive info; some not.
  • Debit card – an unethical company may continue to charge your account or you may incur fees trying to stop payment; easier to replace if anything bad happens; you will not be charged (just withdraw all the money from your debit account) should the other company further charge you after you have cancelled your account.