Founded in 1998, PayPal is the leading global online payment company. It has 117 million active registered accounts and is available in 190 markets. Plus, it supports payments in 25 currencies including: U.S. Dollar, Australian Dollar, Canadian Dollar, Hong Kong Dollar, Singapore Dollar, Taiwan New Dollar, New Zealand Dollar, Euro, Swiss Franc, Czech Koruna, Swedish Krona, Danish Krone, Norwegian Krone, Hungarian Forint, Mexican Peso, Philippine Peso, Malaysian Ringgit, Chinese RMB, Israeli New Shekel, Pounds Sterling, Brazilian Real, Polish Zloty, Thai Baht, Turkish Lira and Japanese Yen. (Source)
Knowing all of this, the question you should be asking yourself is, "Why don't I have a PayPal button on my blog or website"?
If you offer services for free on your blog, you could incorporate a Donate button. You can customize the button so your donors contribute a fixed amount or you can allow them to enter their own amount. Which ever you prefer, your button will resemble this.....
With a Personal Paypal account you have limited options for customization but if you upgrade to the Business Account, you have the ability to track inventory plus profit and loss reports.
PayPal offers a variety of other buttons. You can see the Buy Now Button in my Social Icons Shop and all other button options on the PayPal Merchant Services page.
Please keep in mind that although you can integrate the PayPal button for Free on your blog or website, they do charge a fee per transaction. The fee (to date) if you are selling something or receiving personal donations is 2.9% per transaction plus .30 (cents) per transaction. So on a $3.00 donation that I received from a reader, PayPal withheld .39 (cents).
There of course is a lot of debate on whether bloggers should have a donation button. I say to each their own. Your blog is YOUR blog and if you choose to have one....so be it. If you provide services and products, go for it!!!
What's your opinion?