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PayPal 101 WITH Ruby McGuire Learn the basics. You’re In The Right Place If... You are fairly new to PayPal It’s a tool you want to add to make your business.

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Presentation on theme: "PayPal 101 WITH Ruby McGuire Learn the basics. You’re In The Right Place If... You are fairly new to PayPal It’s a tool you want to add to make your business."— Presentation transcript:

1 PayPal 101 WITH Ruby McGuire Learn the basics

2 You’re In The Right Place If... You are fairly new to PayPal It’s a tool you want to add to make your business easier to run / and more professional You need to know the basics

3 What We Will Cover Today Personal vs. business account Invoicing Creating PayPal buttons The different types of payment plan Managing payment plans Withdrawal of funds

4 Personal vs Business Account With a personal account you can choose to receive ‘gifts’ – not recommended for business Business account - more professional – charges deducted so easier for accounting Remember the charges when you’re costing your products/services – check as you price Set up a PayPal Business Account

5 Personal vs Business Account With a personal account you can choose to receive ‘gifts’ – no taxes applied Business account - more professional – charges deducted so easier for accounting Remember the charges when you’re costing your products/services – check as you price

6 Invoicing Own branding – professional image Can save as a template Automatically send to the client Automatically goes into your PayPal account

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14 Creating PayPal Buttons Know what you want to do with payments Do you want a payment plan? Do you want a trial period? How many payments do you want to accept? Legalities – HP How to set up a PayPal button.. PayPal Transaction Fees – 3.4% + 20pPayPal Transaction Fees

15 Different Types of Payments Buy now - used to accept single-item purchase payments (Crack-It) Subscribe – Use to obtain subscription payments automatically from buyers for access to online content and services or for regular delivery of goods (CCC/CRBC) Automatic Billing - to obtain authorisation from buyers to bill them for goods and services that fluctuate from month to month Installment Plan - pay in full or sign up to pay in installments, without interest (CRBC?) Trial - £1 or deposit

16 Managing Payment Plans

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18 Withdrawal of Funds

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20 What We’ve Covered Today Personal vs. business account Invoicing Creating PayPal buttons The different types of payment plan Managing payment plans Withdrawal of funds

21 Any Questions?


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