What’s not to like about PayPal? It’s easy to use, can be deployed anywhere, regardless of platform or OS, has world-wide coverage, not to mention the fact that it’s deeply rooted in the freelancing industry.Īll things considered, PayPal still does not rank among the safest online money transfer apps, meaning it’s not short of fraud. Founded in 1998, PayPal, formerly known as Confinity, gradually consolidated its market foothold, establishing itself as the best alternative to the more traditional, paper-based, money transfer methods (checks and money orders). Without a doubt, PayPal’s one of the best trending online money transfer service well, at least when it comes to the customers’ preferences.