The following article summarises the process of setting up a PayPal account and what happens when a sale is made from your website
Get Started - Create a business account with PayPal
You will need to sign up with PayPal, signing up
is free but like any payment gateway service they do have transaction
fees. The fees are very reasonable and to view them, please see PayPal's website
You will then need to provide your web designer with the necessary details to connect PayPal to your website. If you are my client, please contact me for a detailed instruction list.
Add PayPal link to your website
Your web designer will do all of this for you and your website will be launched.
Your customer makes a purchase from your website
Your customer chooses to buy a product or service on your website
They click on your 'Buy Now' or 'Add to Cart' button and this takes
them automatically to the PayPal screen to review billing and shipping
information, and then pay with their credit or debit card on the PayPal
secure server - all of their financial information (eg credit card
number) is handled securely by PayPal and you will never see this
The customer then reviews their PayPal payment information
The confirmation of payment page appears
Your customer receives a confirmation with all details via email and will await delivery of their product or service from you
At this point the customer will also receive a receipt generated from the website too
You will then be notified
When a sale goes through PayPal you will receive an email from
PayPal automatically, you will be notified of the customer's name,
address, and purchase details
You will also receive a notification from your website content management system
You can then login to your PayPal account to see the deposit and sales details which will be available instantly (minus the small fee that PayPal deducts)
At this point you would dispatch the product to your customer and it
is often nice to contact them via email to let them know you are
processing their sale
You can then access your funds
You can leave the funds in your PayPal account, use your PayPal
balance to make your own purchases that use PayPal as a payment method,
or transfer these funds to your own bank account which is saved within your PayPal account settings. If you
transfer the funds to your bank account, it will take a few days to
clear, like any other bank transfer. The transfer itself is free.
When your PayPal balance reaches the first $1000, you will be
notified by PayPal to prove that you operate a legitimate business. This
is a one time verification process and PayPal will step you through the
requirements. I recommend that you verify your bank account at initial signup process to save the hassle of doing this later.
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