We integrate PayPal as the solution for payment gateway to meet majority of the online requirements unless the client demands any other gateways. PayPal is a universal e-commerce business allowing payments and money transfers to be made all the way through the Internet.
PayPal is an acquirer, performing payment processing for online vendors, auction sites, and other money-making users, for which it charge a fee. It may possibly also charge a fee for getting money, comparative to the amount received. The fees depend on the currency used, the payment option used, the country of the dispatcher, the country of the beneficiary, the amount sent and the recipient's account type In addition, eBay purchases made by credit card through PayPal may acquire extra fees if the buyer and seller use diverse currencies.
PayPal will ease the shopping experience online and is the most secure way to do it online. There are many alternatives now a days too; but the most popular is PayPal. . No matter what kind of ecommerce you do; PayPal have all the solutions from simpler to complex ones.