As a payment method, PayPal has numerous advantages over other methods, such as a debit card or a credit card. The transactions are much safer, and PayPal is very easy and simple to use. In addition, every payment, whether that is a deposit or withdrawal, is processed much faster than a credit or debit card. In most cases, a withdrawal made with PayPal is processed either instantly or within 1-2 business days. On the flip side, credit and debit card withdrawals can take up to 5 business days to be processed and transferred.