PayPal vs bunq

Struggling to choose between PayPal and bunq? Both products offer unique advantages, making it a tough decision.

PayPal is a Business & Commerce solution with tags like payments, money-transfer, ecommerce.

It boasts features such as Online payments processing, Money transfers between parties, Ability to hold funds in multiple currencies, Secure and encrypted transactions, Mobile app for on-the-go payments, Invoicing and payment acceptance for businesses, Buyer and seller protection programs and pros including Widely accepted online payment method, Convenient for international transactions, Secure and reliable payment processing, Offers buyer and seller protection, Easy to set up and use for individuals and businesses.

On the other hand, bunq is a Business & Commerce product tagged with banking, finance, payments, investing.

Its standout features include Mobile banking app, Debit cards, Make payments, Investing, Joint accounts, Business accounts, Travel cards, Expense management, Invoicing, API access, and it shines with pros like Modern and intuitive interface, Easy to open account, Good budgeting tools, Support for Apple Pay and Google Pay, Joint and business accounts, Good for travelers, API access for developers.

Feature	PayPal	bunq
Overall Score	1	N/A
Primary Category	Business & Commerce	Business & Commerce

Product Overview

PayPal

Description: PayPal is an online payments system that allows users to transfer funds electronically between parties. It offers services for individuals and businesses to send, receive, and hold funds in multiple currencies worldwide.

bunq

Description: bunq is an online banking app and debit card provider based in the Netherlands. It allows users to open a bank account, make payments, invest, and more from a mobile app. bunq aims to provide an easy and modern banking experience.

Key Features Comparison

PayPal Features

• Online payments processing
• Money transfers between parties
• Ability to hold funds in multiple currencies
• Secure and encrypted transactions
• Mobile app for on-the-go payments
• Invoicing and payment acceptance for businesses
• Buyer and seller protection programs

bunq Features

• Mobile banking app
• Debit cards
• Make payments
• Investing
• Joint accounts
• Business accounts
• Travel cards
• Expense management
• Invoicing
• API access

Pros & Cons Analysis

PayPal

Pros

• Widely accepted online payment method
• Convenient for international transactions
• Secure and reliable payment processing
• Offers buyer and seller protection
• Easy to set up and use for individuals and businesses

Cons

• Fees for some transactions and services
• Potential for account holds or limitations
• Limited control over customer data and information
• Dependency on internet connectivity for transactions

bunq

Pros

• Modern and intuitive interface
• Easy to open account
• Good budgeting tools
• Support for Apple Pay and Google Pay
• Joint and business accounts
• Good for travelers
• API access for developers

Cons

• Only available in Europe
• Monthly fees for most account types
• Limited ATM access
• No checks or cash deposits
• Limited customer service options

Pricing Comparison

PayPal

• Freemium
• Pay-As-You-Go

bunq

• Freemium
• Subscription-Based