how to accept paypal payments on a website
While PayPal can be used to casually send and receive money from family and friends after a night out, it can also be used for digital online payments for a business.
With availability in 200 countries/regions and support of 22 different currencies, you can easily receive payments no matter where you and your customer are.
In order to take advantage of what PayPal offers, you’ll need to first make a PayPal account for your business.
The process of setting up PayPal on your website is simple:
- Go to paypal.com
- Click the “Sign up” button located in the top right corner of the webpage.
- Choose “Business Account”
- Enter your business’ email address or the email address you wish to have linked to the account and click “Continue”
- Create a login ID and password for the account and enter your business contact information
- Enter your employer ID number or your social security number if you’re a sole proprietor
- Enter your website address if you have one, then click “Continue”
- Enter all additional personal information that is asked for in order to verify your identity
- An email will be sent to you in order to verify the information you’ve entered
- You can then start using your account
Once you’ve gotten your PayPal business account up and running, you will need to add a PayPal payment button and then you can start accepting payments on your website through PayPal.
Setting Up PayPal Payments on Your Website
In order to set up PayPal payments, start on your PayPal account homepage.
To accept payments on your website with PayPal, you need to create a PayPal button.
Toward the top of the account homepage, you’ll see the “Tools” tab, click it and a drop-down menu will appear.
Click “All Tools” at the bottom of the drop-down menu.
You’ll be brought to a page that says, “PayPal Tools & Resources.” Scroll down to where it says, “PayPal Buttons” and click “Open.”
There are a number of buttons to choose from, including “Buy Now,” “Add to Cart,” and “Donate.”.
Click the button you wish to use.
For reference, we’re going to use the “Buy Now” button to explain how to set it up.
After clicking “Buy Now” you’ll be brought to a new page where you will be prompted to input information about what you’re selling.
The information includes item name and price, tax rate, and shipping amount.
You can also customize the button on the page, allowing you to add a drop-down menu or text field.
You can use PayPal’s button or create your own button that can be uploaded and used.
On this customization page, you also have the options to track inventory, profit, and loss, as well as add more customization features that would add to your customer’s purchasing experience.
Some more customized features include adding a thank you page that the customer will automatically be brought to after their purchase is made.
Once you’re happy with how the button looks and all its features, you can click “Create Button.”
You’ll be brought to a page where you can preview the look of your button and shows you the button code for your page.
The code is an HTML code that can easily be copied and pasted.
You’re then going to go to your store admin page to add in the code for the button.
You’re going to edit your page and add the code into the page’s code.
If you’re unsure how to do this, check with the site builder that you used to make sure you’re doing it right.
Once you’ve added the button code to your page, the button will be embedded into your page.
Now, when customers click the button, they are prompted to sign in to their PayPal account and pay right then and there.
Since the button is connected to your PayPal business account, the money they pay will be sent to your account.
In order to get the funds from your PayPal account, you’ll need to link your business bank account.
This can be done from your PayPal account by clicking “Wallet” on your account home page and then clicking “Link a bank.”.
Once you’ve connected your bank account, you will be able to transfer the funds.
Benefits of Accepting Payments with PayPal
Accepting payments with PayPal on your website allows your customers to stay have more paying options.
With more payment options, you may be more likely to close more sales.
In addition, payments that are sent and received through PayPal are fully confidential and secure.
PayPal has integrated anti-fraud protection which can protect you and your customers.
Using PayPal allows fewer forms, which makes payments straightforward and quick, which can lead to higher checkout conversion rates.
PayPal is also optimized for mobile payments, meaning it makes it easier for those on mobile devices to make purchases.
Pair PayPal with a Digital Business Account
With PayPal, any old bank will do.
However, to make the most of your user's online experience, you'll need a business account that's a little more digital-friendly.
Open a business account with Statrys and you'll get a completely digital business account based in Hong Kong.
Better yet, you can fit 11 currencies in this bad boy.