How to Get Paid Using A PayPal Merchant Account
A PayPal merchant account is a convenient means of getting payments for online transactions. Individuals who do business online such as software developers, internet marketers, and e-commerce vendors are most like to benefit from a PayPal merchant account. You can utilize PayPal to receive payments from debit cards as well as credit cards for the goods or services that you rendered. Here are some things that you may want to know about a PayPal merchant account.
There are three methods by which you can acquire your clients’ payments with a PayPal merchant account. One method is by website payments standard. This is the most ordinary payment method that can be seen on e-commerce websites. In this payment method, you can utilize customized buttons using APIs or HTML, third party carts, or payment buttons created from the PayPal website itself. What is great about it is that you don’t have to pay for monthly fees since you only have to pay a percentage of each amount given to you. In addition, this percentage gets reduced if you have a higher monthly income.
The second payment scheme that you can obtain from a PayPal merchant account is by email payments. This is a nice alternative to website payments standard when you do not own a website to begin with. You also do not need to have technical HTML skills to make use of it. Just go to PayPal’s Request Money page and type your client’s email address and also the amount that needs to be paid. The fee for this kind of payment scheme is the same as that of the website payments standard too.
Last but not the least is the PayPal express checkout payment procedure. This payment option is very similar to the website payments standard. However, PayPal payment is only added to the other payment options that are already available. This is great as it gives your customers the flexibility of paying in the method that they prefer.