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Thursday 02 May 2024

PayPal: Dropship Payment Processor




As an element of your dropship business you need a payment processor to accept payments from your buyers and to submit payments to your dropship suppliers. You have several ways to go: you can accept only money orders and checks. But using this method you are destined to lose a great portion of potential customers. You definitely need to accept credit cards. To accept them, you need either a merchant account (this solution is more acceptable when you run an online dropship store) or a PayPal account (perfect when you start or sell just through eBay: PayPal company belongs to eBay).

Sign up for PayPal and start accepting
credit card payments instantly.

A few years back there were many unhappy PayPal users, but the things have changed greatly since that time. Today PayPal is, undoubtedly, the leading online payment processor. It is a global company making it possible to send money to anyone in 56 countries; it is the major payment processor at eBay auction. PayPal offers a wide range of solutions suitable to nearly all kinds of online businesses. Let’s see the benefits of joining the leader from drop ship business point of view.



‘Send Money’ PayPal option allows you to pay anyone with an email address in 56 countries and regions that accept PayPal. Just enter the recipient's email address and the amount you wish to send. You can pay directly from your bank account.

Use PayPal to send payments in any of these currencies:

  • Canadian Dollar
  • Euro
  • Pound Sterling
  • U.S. Dollar
  • Yen
  • Australian Dollar
Paypal is evidently an easy-to-use global payment processor. When we check their fees we see that their services are free for the buyers, the seller’s fee start as low as 1.9% + $0.30 USD (it is high sales volume fee rate, normal is 2.9% + $0.30 USD) that is very affordable and competitive.

PayPal services are secure: PayPal's industry-leading loss rate is less than 0.5%. They help to detect and waive fraudulent transactions. They apply bank account verification.

eBay is the owner of PayPal company. As a result, PayPal users have access to a wide range of tools to help them to do business at eBay: protection programs, end of auction e-mails, reports, refunds, multiple currencies, shipping and tracking and much more.

You can use PayPal as a payment solution at your dropship store as well. Recently they introduced a new kind of service: Customers shop and pay on your website.

PayPal is certainly a great solution for your dropship business. It allows to choose a payment solution according to your business scale. If and when you grow you can select a more sophisticated PayPal solution: PayPal Website Payments Pro. To start with, you can use PayPal Email Payments.

PayPal is certainly a great solution for your dropship business. It allows to choose a payment solution according to your business scale. If and when you grow you can select a more sophisticated PayPal solution: PayPal Website Payments Pro. To start with, you can use PayPal Email Payments.

So, sign up for a PayPal account today and start to develop your drop ship business.





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