What is PayPal❓
What is PayPal?
Paypal is e-currency or online banking. That will help in the matter of international shopping around the world more convenient and faster. We can link a credit card to a PayPal account to deduct money from our card as well. With it's easy to use, convenient, fast and safe as it doesn't have to cut money directly through the card. And most importantly, it has been open for a very long time. Make PayPal become the number one E-currency. who thought that probably no one would know for sure
📍How to sign up for PayPal and identity verification
what to prepare
1.E-mail Address for applying for activation
2. Name-surname that corresponds to the name of your bank account that will be linked to your PayPal account.
Credit or debit card, or if you don't have one, just use your bank account.
📍 Application process
1. Go to >> www.paypal.com/th, click “Register”
2. Select “Accept PayPal Payments” and complete your business information.
3. Upon successful registration, we may add our credit card, debit card or bank account for business identity verification. or use it as an online wallet Use it for shopping and making items. You can go online. Start adding various bank accounts at the menu "Wallet".
4. In case we think about using our PayPal account for serious business Used to receive money from customers often. should be upgraded from a normal account to “Business account”, such as sellers on eBay, online stores that accept money from abroad. or even shops in Thailand that want to facilitate their customers by using PayPal to accept payments (there are many customers who use PayPal to pay because it has a refund policy in case of fraud) or if any shop wants Accepting credit card payments but don't want to contact the card swipe machine, you can use PayPal to act like a card swipe machine. Customers simply enter their email address and credit card number.
In addition, business accounts have cheaper fees. Please check the rate at this website. https://www.paypal.com/en/webapps/mpp/paypal-seller-fees?locale.x=en_TH
📍What services does Paypal provide?
There are two main types of service provision which are buyers and sellers/providers freelancers.
service for buyers
- Pay for goods/services online
- Transfer money online
- Online transaction history
- Online transaction notification
- Easy transaction management, fast transfers and safe
- have accumulated points when making payment
- Pay in installments or installment plan
- Get Buyer Protection
- Free Return Program
Services for sellers/providers, freelancers
- Get paid for goods/services online
- Tools (Widgets) used to earn money on the website.
- A tool to create and send customer/consumer invoices via email.
- Paypal partners with many different platforms giving users free tools -API link to your business system.
- Easier to earn money by sending a link
- Manage your money freely with Paypal app.
- Check payment status from debtor
- Automatic regular or recurring billing service
- Receipt report transaction depth
📍Paypal fee
Paypal Commercial Receipt Fee for Freelance Vendors/Providers Fixed Fee as of January 2, 2021 = 11 baht.
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