everything you need to process online or mobile payments (e.g., payment gateway, payment forms, virtual terminal, invoicing, micropayments, recurring billing, developer tools, etc.). PayPal Funding Options Generally speaking, money from PayPal transactions is available almost immediately in your PayPal account. See the Rates Fees section below for more information about pricing. If youre exclusively offering PayPal Payments Standard (or even Express Checkout then you can get started almost instantly. However, I think 30/month is a pretty hefty price to pay for this feature considering both Square and Shopify offer it at no additional charge. Please dont fall into the trap of thinking that just because anyone can open an account, everyone can process with PayPal.
Specifically, heres the big issue: Withheld Funds, Freezing Of Accounts Termination Of Accounts: If PayPal notes any suspicious behavior on your account, it may implement a hold on a certain percent of your funds, freeze your account, or even terminate your account. If you are interested in merchant financing, PayPal has a new product we like called LoanBuilder ( see our review a simple and straightforward short-term loan program available to all merchants, not just those that use PayPal. Unfortunately, PayPal Payments Pro doesnt include an option for Recurring Billing. It really is that simple. If you only process sporadically, you have a low volume, you are just starting out, or you have trouble opening a merchant account (for a reason other than I run a high-risk business PayPal should be near the top of your shortlist for payment options. PayPal Checkout: One of the biggest shakeups to PayPals product offering in a long time has been the switch from PayPal Express Checkout to PayPal Checkout, even though all thats changed is the name and the addition of the contextual payment buttons. That said, as your business grows, and you exceed 10K per month in revenue, it may be more worthwhile to pursue a traditional merchant account because the processing costs will be lower. Some reps are obviously more knowledgeable than others. PayPals button builder tools allow you to customize the look of the buttons as well as how some aspects of the checkout process work (whether you want to go immediately to purchase or allow customers to add items to a cart).