Using PayPal: Receiving Funds
If you want to use PayPal to receive money, you have a range of options available. If you give someone the e-mail address associated with your PayPal account, that person can send you money from their own PayPal account. If you’re selling items on eBay, you can select PayPal as an option for accepting payment through eBay. If you’re selling from your own store or Web site, there are a number of options available for completing sales transactions with PayPal, including the following:
- Adding a PayPal “buy now” button for each item you want to sell
- Integrating a PayPal shopping cart with your Web site using the PayPal application programming interface (API)
- Accepting payments offline or off-site to process later using PayPal’s Virtual Terminal
When you’re signed in to PayPal, click the “merchant services” tab to see all the options available to you as a seller. Cost and availability of these services depend on which Web site payments type you’ve selected for your account. You’ll have the “standard” type by default as a recipient, but you can upgrade to the “pro” type for a $30 monthly subscription fee. Merchants with a moderate to high volume of transactions each month should choose the pro type to avoid some of the fees commonly charged by other payment processing services, such as gateway and downgrade fees.