What is better PayPal or FreshBooks? When scouting for the appropriate Accounting Software for your business it is suggested that you assess the features, prices, as well as other critical information regarding the product and vendor. Here, you are able to see the similarities and differences between PayPal (overall score at 8.5 and user satisfaction at 98%) and FreshBooks (overall score at 9.7 and user satisfaction at 99%).
You can also look at their unique details, for example services, plans, pricing, conditions, etc. Similarly, analyze the terms carefully for information on extra charges, such as, setup cost, independent customer service, upgrade fees, cloud storage fees, and others.
Our experts made sure to review all popular Accounting Software solutions offered on the market, but among them these three caught our special attention: FreshBooks, Zoho Books, NetSuite ERP.
If you’re buying with it, PayPal is for free. Currency conversion fees may apply for overseas payments, but there is no need to pay direct installments in order to use it. At the same time, there’s no monthly or cancellation fee when you sell with PayPal. You only pay a fee after you make a sale, and that is the core of PayPal’s enterprise pricing. Check out the details:
Sell on website, through invoice or email payments – 4.4% + $0.30 USD
Selling on eBay – 3.9% + $0.30 USD
International sales – A currency conversion fee may apply
Discounted rate for merchants – You can apply for PayPal’s discounted merchant rates when you meet a qualifying calendar monthly sales volume and keep your account in good standing order.
PayPal has pre-built integrations with POS (Point of Sale) solution providers for all vendor types and sizes.
Languages Supported
English
Chinese
German
Hindi
Japanese
Spanish
French
Russian
Italian
Dutch
Portugese
Polish
Turkish
Swedish
Arabic
Prominent Clients
Available Devices
Windows
Linux
Android
iPhone/iPad
Mac
Web-based
Windows Mobile
Company Size
Small Business
Large Enterprises
Medium Business
Freelancers
Available Support
email
phone
live support
training
tickets
General Info
PayPal is an e-commerce service that enables individuals and companies to pay, send money, and accept payments without revealing their financial details.
FreshBooks offers a flexible SMB and enterprise pricing scheme where plans are tailored to suit the needs of every business or small accounting team. FreshBooks is offering a 70% off for the Lite, Plus, and Premium plans for 3 months for new customers. What is more, the company offers a 30-day free trial where you can examine the features prior to choosing the most suitable plan. The difference between plans depends on the number of active clients you intend to bill, while functionalities remain the same allowing you to:
Customize and send unlimited invoices
Invoice status tracking and updates
Automatic late payment reminders and fees
Easily accept online credit card payments
Easily add and categorize expenses
Track your time by project and clients
Clear and simple reports and dashboards
Work on any device – computer, tablet or mobile
Data that’s 100% secured and automatically backed up
These are the pricing details for each available plan:
Lite – $21.00 USD/month or $226.80 USD/year (with a 10% annual discount)
Bill up to 5 active clients
Plus – $38.00 USD/month or $410.40 USD/year (with a 10% annual discount)
Bill up to 50 active clients
Premium – $65.00 USD/month or $702.00 USD/year (with a 10% annual discount)
Bill unlimited active clients
Note that the company also offers discounts for annual payment.
A winner of our 2021 Best Accounting Software Award, this robust cloud accounting app for small businesses makes billing easy and efficient. FreshBooks allows users to manage key processes easily from turning receipts into expense files to tracking billable hours. Special modules to manage projects and tax are also available.
It may not always be enough to just compare PayPal and FreshBooks with each other. Even though useful tools, pricing and user comments are all crucial and should be included when making a final choice, you should also check out the recognition and awards won by every solution. Frequently a less known product may turn out to be an amazing choice that was distinguished with B2B awards such as our Great User Experience Award which proves that regardless of limited market presence it’s a significant rival to the products that rule the market.
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