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Questions and Answers
What is one of the main issues with using PayPal?
What is one of the main issues with using PayPal?
- Poor customer satisfaction
- Poor merchant experience
- Inconsistent international offer (correct)
- Low acceptance rate
What is the acceptance rate of Alma?
What is the acceptance rate of Alma?
- 60%
- 70%
- 80%
- 90% (correct)
What is one of the key advantages of Alma?
What is one of the key advantages of Alma?
- Low conversion rates
- No merchant risk
- Increased security and privacy
- Increased merchant turnover (correct)
What is not available with Alma?
What is not available with Alma?
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What is one of the services offered by PayPal that is not available with Alma?
What is one of the services offered by PayPal that is not available with Alma?
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What is the main difference between PayPal and Alma?
What is the main difference between PayPal and Alma?
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Study Notes
- PayPal is a worldwide pioneer in payment solutions but is new to BNPL, especially in FR/EU.
- The main issues with using PayPal are the risk of disastrous customer satisfaction and the inconsistency of their internationalized offer.
- Alma offers a better BNPL solution with lower conversion rates and no merchant risk.
- Paypal's weaknesses include poor merchant experience and security and privacy risks.
- Alma has a lot of products, not all of them are available in every country.
- Alma is online and has an acceptance rate of 90%.
- Paypal offers a lot of services, but some are not available with Alma.
- Alma is more expensive than some of the other options, but it offers good services and a high acceptance rate.
- One of the key advantages of Alma is that it helps merchants increase their turnover.
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