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> See US company take giant market share in online payments in your country What's PayPal actual market share in Germany? I'd guess it's used to pay US based
by guenthert 4y ago
> See US company take giant market share in online payments in your country
What's PayPal actual market share in Germany? I'd guess it's used to pay US based vendors. Why would anyone use it to pay European vendors, when bank-to-bank transfers work (for 40+ years) fast (on-line before the WWW) and cheap?
- layer8 4y agoPaypal’s major convenience is instant payment integrated into the checkout process without having to give your bank credentials (full access to your bank account) to a third party like Klarna. PayPal has the largest market share in Germany besides bank transfer after invoice (both roughly 30% market share), meaning it has the largest market share for instant payments.
- distances 4y agoPayPal is very common in German online shops. This is probably because credit cards aren't common in Germany, so before Visa Debit was introduced, it was one of the few convenient ways to pay online. Bank transfers are sometimes possible, but honestly does anyone anywhere use them for online payments? Transfers still usually take a couple of days to go through.