"Payment Guarantee": PayPal offers PayPal Seller Protection, a warranty against chargebacks and other reversals when certain conditions are met, which virtually no other electronic payment processor offers. It's not good as cash, but it's better than taking a credit card through anyone else.
"Unpaid Bills": PayPal offers invoicing for free. Unpaid bills don't disappear, they're tracked and searchable.
"Immediate Cash": Money received through PayPal is spendable immediately, both online with PayPal payments, and offline with their free debit card. They also offer automatic daily sweeps to your bank account.
The only thing this post seems to convey is that the author thinks contractors should prefer cash over PayPal. The POS references are out of place -- service providers don't buy POS software, they use the invoice button in QuickBooks or one of the online alternatives.
"Unpaid Bills": PayPal offers invoicing for free. Unpaid bills don't disappear, they're tracked and searchable.
"Immediate Cash": Money received through PayPal is spendable immediately, both online with PayPal payments, and offline with their free debit card. They also offer automatic daily sweeps to your bank account.
The only thing this post seems to convey is that the author thinks contractors should prefer cash over PayPal. The POS references are out of place -- service providers don't buy POS software, they use the invoice button in QuickBooks or one of the online alternatives.