How to Accept Payments on Paypal

PayPal is an e commerce company that handles private & commercial money transfers online as payment for goods & services or fundamentally sending money to anyone with an electronic mail account. Started in 2000, PayPal is available in over 150 markets & can support payments in 24 countries. What set PayPal apart from its competitors initially was the security it offered its customers. time customers set up their accounts with PayPal, there was no need to send sensitive knowledge, such as credit card or bank account numbers, over the net. PayPal kept that knowledge in their servers & transmitted the money for you. Anyone can use their services to accept payments by following the directions below.

Steps:

• Open a PayPal Business Account by going to the PayPal home page & clicking on the "Business" tab at the top of the page. Click on "Merchant Services" & click on the "Create a Business Account" button in the midst of the page.

• Follow the instructions to set up your merchant account. time PayPal verifies your knowledge, you are prepared to accept credit card payments on your web-site, by phone, by mail or by fax, accept e-checks & e-mail payments.

• Place a PayPal Payment button on your online store or web-site. Your customer can click on the payment button & make a payment using a credit card, a debit card or a checking account.

-PayPal lets you accept foreign currencies.


-PayPal lets you send invoices with a "Pay Now" button 
  linked to PayPal that allows your customers to pay
  instantly.





Tips:

• If you choose not to link a bank account or credit card to your PayPal Merchant account for verification purposes, you can apply for a PayPal Extras MasterCard. If approved, you can use this card to verify your PayPal account.

Warnings:

• The PayPal seller Protection Program is only available to verified account holders. This program will reimburse you in the event that the credit card company approves the cancellation of a payment by your customer and that the Seller followed the Terms of Service standards set by PayPal.