PayPal Extends Invoicing Services to Other Platforms
PayPal is making it easier for small business owners to get paid. The PayPal Invoicing API can now be integrated into many content management systems, including crowdsourcing platforms, online marketplaces, and ecommerce providers.
PayPal offers an invoicing program for business accounts. This service is available in the ‘Tools’ section of the account dashboard.
It costs nothing to send an invoice, but PayPal does take a fee out of the payment received. This is 2.9% plus $0.30 per domestic transaction. International payments require a 4.4% fee, plus a flat fee that varies by country. Invoices sent through the invoicing API will carry the same fees.
Invoices can be sent to over 200 markets in 25 different currencies. PayPal handles the currency conversion. Clients can make payments via PayPal, PayPal Credit, all major debit and credit cards, and other payment options specific to each market.
Businesses have the option to customize their invoices by adding a logo and business information for each form. The invoices can be itemized, and include a memo space for additional details about the transaction. Merchants interested in the PayPal Invoicing API can learn more on the PayPal website.
Separately, PayPal has announced changes to the fee structure for PayPal Cash and PayPal Website Payments Pro. These adjustments go into effect September 3, 2019.
This entry was posted in Credit Card News and tagged PayPal , PayPal payments , PayPal Credit , PayPal Cash , invoicing , PayPal invoices , PayPal invoicing , PayPal Websites Pro , invoice service , invoicing service , PayPal platform , invoicing API
The information contained within this article was accurate as of July 31, 2019. For up-to-date
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