PayPal Business is an online invoicing and payment processing service provider. Its features include recurring billing, customized invoices, advanced fraud protection, multi-currency transactions, and more. In this article, we cover user reviews and pricing. Ready to get started with PayPal Business? Sign up for free.
PayPal Business Pricing
Invoicing with PayPal Business is free. Users pay on a per-successful-transaction basis: from 2.9% + $0.30/transaction to 5.0% + $.30, depending on the type and scale of each transaction. Upgrades and add-ons come at an extra cost: recurring billing ($10/month) and upgrade to PayPal Payments Pro ($30/month).
|Fixed Transaction Fees (US)||2.9% + $0.30 per transaction|
|Fixed Micropayment Fees||5.0% + $0.30 per transaction|
(For transactions less than $10)
|Paypal Payments Pro Upgrade||$30 per month|
|Virtual Terminal Fees||$30 per month|
*Rates for transactions are within the US only. There’s an additional 2.5% charge for any currency conversion and a 1.5% transaction fee to receive international payments.
Ready to get started with PayPal Business? Sign up for free.
What PayPal Business Does Well
Users who gave PayPal Business a positive review said that it offers convenient invoicing and payment services for retail, food, or other in-app purchases. Some of them also commended its low transaction rates and the level of security for both the sender and receiver of funds.
“The small fees that are charged per transaction make it easy and affordable to use Paypal for accepting credit cards and direct payments. It integrates readily with a variety of other platforms including eBay, WordPress, plus other e-commerce platforms. And I can simply put a “Payments” button on my website where customers can key in the amount they are paying.”
— Rohit Singh
What PayPal Business Does Not Do Well
Users who gave PayPal Business a negative review reported long duration of fund transfers. Some of them also complained about the mobile app’s lack of certain features such as the ability to create and send invoices.
“The only thing I dislike about PayPal is that it takes 3 business days for funds transferred from PayPal to show up in my account.”
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PayPal Business Features
Check out the list below of some of PayPal Business’ features:
- In-Store and Mobile Payments
- Recurring Billing
- Advanced Fraud Protection
- E-commerce Integrations
- Website Widget
- List Products/Services
- Customized Invoices
- POS Transactions
PayPal Business FAQ
Does PayPal Business accept installment payment terms?
Does PayPal Business extend discount opportunities for merchants?
Here is a list of some of PayPal Business’ popular integrations: