southsoundtree
Been here much more than a while
- Location
- Olympia, WA
Just thought business owners would be interested to know that its easy to accept payment through PayPal whether or not customers have a PayPal account. No terminals, software to keep current, etc., and relatively affordable
Business owners just set up their PayPal account for free.
This is supposed to work easily with Quickbooks, or without, though I couldn't get it to load the PayPal Wizard properly into my Quickbooks Pro 2007. Probably a fluke, dunno.
From the Business page on PayPal, you email an invoice that you can create (you can save templates as welav
When they receive the invoice, they pay via their PayPal account if they have one associated with that email account (its mandatory if they have a PayPal account associated, but fast and easy if they want to set up another email account not associated with PayPal). If they don't have a PayPal account associated with the email account to which you are sending the invoice, there is an option to use their credit card via a link.
They enter the numbers, etc. Its sent to PayPal. You don't have any access to their CC information. It gets put into your PayPal account. You can use the money out of the account to pay for things, or request it to be sent to your checking account (3-5 days I think).
PayPal charges the business a 3% processing fee. Does this come out of your profits, yes in most states where it is not legal to pass the charge onto the customer.
Credit card processors (in their marketing to businesses) will tell you that accepting CCs will increase what people will spend. "Oh, since you're going to be here working, why don't you also prune that tree/ take that tree down, too. I'll just pay it off over time to my CC."
Especially for emergency work, with the storm season coming for a lot of us, it could land jobs that would otherwise otherwise go to a competitor that accepts CC. As well, people might be more inclined to go with the service that allows them to rack up more airline miles.
I'm expecting my first payment to come in a day or two.
Just thought people would want to know.
Business owners just set up their PayPal account for free.
This is supposed to work easily with Quickbooks, or without, though I couldn't get it to load the PayPal Wizard properly into my Quickbooks Pro 2007. Probably a fluke, dunno.
From the Business page on PayPal, you email an invoice that you can create (you can save templates as welav
When they receive the invoice, they pay via their PayPal account if they have one associated with that email account (its mandatory if they have a PayPal account associated, but fast and easy if they want to set up another email account not associated with PayPal). If they don't have a PayPal account associated with the email account to which you are sending the invoice, there is an option to use their credit card via a link.
They enter the numbers, etc. Its sent to PayPal. You don't have any access to their CC information. It gets put into your PayPal account. You can use the money out of the account to pay for things, or request it to be sent to your checking account (3-5 days I think).
PayPal charges the business a 3% processing fee. Does this come out of your profits, yes in most states where it is not legal to pass the charge onto the customer.
Credit card processors (in their marketing to businesses) will tell you that accepting CCs will increase what people will spend. "Oh, since you're going to be here working, why don't you also prune that tree/ take that tree down, too. I'll just pay it off over time to my CC."
Especially for emergency work, with the storm season coming for a lot of us, it could land jobs that would otherwise otherwise go to a competitor that accepts CC. As well, people might be more inclined to go with the service that allows them to rack up more airline miles.
I'm expecting my first payment to come in a day or two.
Just thought people would want to know.
