paypal 101 with ruby mcguire learn the basics. you’re in the right place if... you are fairly new...
TRANSCRIPT
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 easier to run / and more professional
• You need to know the basics
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
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
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
Invoicing
• Own branding – professional image
• Can save as a template
• Automatically send to the client
• Automatically goes into your PayPal account
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% + 20p
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
Managing Payment Plans
Managing Payment Plans
Withdrawal of Funds
Withdrawal of Funds
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
Any Questions?