PayPal is one of the most well-known forms of payment gateways on the internet today. There are a few reasons for this:

1) They allow international payments, so even if your website customers live in Istanbul and your company is in Florida, your web hosting can still accept their money in exchange for your product.
2) Customers don’t need a PayPal account to purchase things from your PayPal based website! So if a customer wants to buy something on your ecommerce website hosting, they don’t have to go through the motions of signing up for PayPal, activating their PayPal account (which can take up to a week to verify checking accounts), signing in, etc. They can simply purchase what they need via your PayPal payment page using a credit card or existing account.
3) It’s pretty cheap. PayPal eliminates the necessity of purchasing a Dedicated IP address and SSL Certificate for your website hosting, and they only charge a per transaction fee that is slight compared to other providers.
4) It’s incredibly easy. People use PayPal for a reason – it’s easy to setup on any webhosting account, from anywhere in the world. If you know HTML, you can integrate PayPal directly on your site, and if you don’t, PayPal provides you with some you can copy/paste to redirect your users to an easy form.

So for new ecommerce or business website hosting, thebestwebhostinglist.com recommends PayPal pretty highly.

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