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What is PayPal?

PayPal is a service that allows you to pay, send money, and accept payments. To use it you must first register your credit or debit card with your PayPal account. You can pay by simply choosing PayPal at checkout, logging into your PayPal account, and confirming your payment.

The PayPal payment process is simple:

  1. Payment: You take payment from the customer.
  2. Processing: PayPal holds the payment for 1-2 business days, depending on your country.
  3. Transfer: PayPal transfers payments directly to your designated bank account, minus transaction fees. By default it's %2.9 + 30¢.  The receiver is responsible for transaction fees.
  4. PayPal account: You must set up a PayPal account if you want to receive PayPal payments. There's no need to set up an account if you only want to make payments. 

Please note! 
Transfers made on weekends or holidays may take longer.

 

Last Updated:

Aug. 27th, 2019

Please let us know if you have any other questions.