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PayPal is one of the most popular payment gateway options for online shoppers and has benefits for you as the business owner too. As one of the leading online payment providers, it facilitates millions of transactions a day through a secure and speedy platform.
Secure and easy to use - allows safe and quick payment for your customer, whether they have a PayPal account or not
Accepts payments from all major credit and debit cards, as well as bank transfers
Has low transaction fees for all sizes of business - as a seller you pay between 1.9% and 3.4% + 20p per transaction
Offers protection for both sellers and buyers
Click here for a more detailed breakdown of the standard payment process package from PayPal.
To use PayPal as the payment gateway provider for your online shop you will need to apply for an account with them. You can do so by clicking here.
When this is done you will need to follow the steps below:
Click "Shop" from the Top Menu.
Click "Shop Settings" on the left-hand menu.
Click on "Payment Gateways".
Select the "Add New Gateway" button.
Click on the "PayPal" logo.
Select the type of PayPal integration you would like to use by clicking on the logo.
Fill in the required information that appears on the screen.
Click the "Add Gateway" button.
Your PayPal integration will now appear in your Payment Gateways area!
PayPal added to your Payment Gateways screen.
Next, you will need to setup API Permissions in your PayPal account. To do this follow the steps below:
Log in to your PayPal account.
Click on "More" on the Top Menu.
Select "Settings" from the drop-down list.
Click on "Seller Preferences" on the left-hand side menu.
Click "Update" on the line which is titled "API Access".
Click "Manage API credentials" on the third option "NVP/SOAP API integration (Classic)".
Ensure "Request API signature" is checked and click "Agree and Submit".
Copy and paste the API Username, API Password, Signature that PayPal gives you into the boxes below.
Click "Done" in PayPal.
Click "Save Changes" at the bottom of this screen.
Please note, PayPal Pro requires a package which supports SSL website encryption. The cost for PayPal Website Payments Pro is £20 per month as well as a small transaction fee. The fee depends on the amount of money you are taking through the gateway, below is a table outlining the fee for receiving payments.
To sign up for an account with PayPal Website Payments Pro please take a look at the following link and select “Sign up now” - https://www.paypal-business.co.uk/process-online-payments-with-paypal/index.htm
Once you have done the above and your PayPal Website Payments Pro account has been approved you will need to contact your Account Manager. They will then place this feature into your account and, following this, you will need to add this to your Create Shop using the steps below:
Go to your "Shop" area
Click "Shop Settings" on the left-hand menu and then click on "Payment Gateways"
Click "Add New Gateway" then click the "PayPal Logo.
Then make sure you check "PayPal Pro” from the "Type of PayPal integration:" setting. Then you will be able to add your PayPal Primary Email address and PayPal Secure Merchant ID.
Click "Add Gateway" to confirm.
The payment gateway will now be added to your account.
For more information please click here.