Business FAQ
How do I accept a payment on PayPal?
TABLE OF CONTENT
We will explain to you how to accept a payment on PayPal in a few simple steps, but there are some things you need to know about PayPal first.
PayPal is one of the most popular and convenient ways to send and receive money online. Whether you are selling goods or services, freelancing, or just want to receive a personal payment from someone, PayPal can help you get paid quickly and securely.
Now it’s time to get to the main point.
How do I accept a payment on PayPal?
Step 1: Create a PayPal account
If you don't have a PayPal account yet, you will need to create one before accepting payments. To create a PayPal account, go to https://www.paypal.com and click on the "Sign Up" button.
It’s necessary to provide some basic information (your name, email address, and password). You will also need to choose the type of account you want: personal or business. A personal account is suitable for casual use, such as receiving money from friends or family.
A business account is designed for more professional use, such as selling products or services online. You can upgrade your account type later if you need to.
How do I accept a payment on PayPal?
Step 2: Verify your PayPal account
Once having created your PayPal account, you will need to verify it to increase your security and remove some limits on your transactions.
To verify your PayPal account, you will need to link it to a bank account or a credit card.
To do this, log in to your PayPal account and go to the "Wallet" section. There, you will see the option to link a bank account or a credit card.
Follow the instructions on the screen to complete the verification process. You may need to confirm some small deposits or charges that PayPal will make to your bank account or credit card.
Step 3: Request a payment or create an invoice
Now that you have a verified PayPal account, you are ready to accept payments. There are two main ways to do this: request a payment or create an invoice. A payment request is a simple way to ask someone to pay you through PayPal.
You can send a payment request by email or by text message. To send a payment request by email, log in to your PayPal account and go to the "Send & Request" section.
There, click on the "Request" tab and enter the email address of the person you want to request money from. You can also enter the amount and a note if you want.
Then, click on the "Request Now" button. The person will receive an email with a link to pay you through PayPal.
To send a payment request by text message, you will need to download the PayPal app on your smartphone.
Once you have the app, open it and tap on the "Request" icon at the bottom of the screen.
Then, enter the phone number of the person you want to request money from. You can also enter the amount and a note if you want. Then, tap on the "Next" button. The person will receive a text message with a link to pay you through PayPal.
Alternatively, you can create an invoice if you want to provide more details about your payment request, such as an itemized list of goods or services, taxes, shipping costs, etc.
To create an invoice, log in to your PayPal account and go to the "Send & Request" section. There, click on the "Create Invoice" button.
You will be taken to a page where you can customize your invoice with various options and fields. You can also save your invoice as a template for future use.
Once you are done creating your invoice, click on the "Send" button. The person will receive an email with your invoice and a link to pay you through PayPal.
Step 4: Receive your payment
Once the person pays you through PayPal, you will receive an email notification and see the payment in your PayPal balance. You can then transfer the money from your PayPal balance to your bank account or use it for other purposes.
To transfer money from your PayPal balance to your bank account, log in to your PayPal account and go to the "Wallet" section.
There, click on the "Transfer Money" button and choose where you want to transfer your money: bank account or debit card. Then, enter the amount and confirm the transfer. You have successfully accepted a payment on PayPal.