In 2016, PayPal processed $102 billion in mobile transactions alone. Websites ranging from major international retailers to mom-and-pop craft shops use PayPal to process payments. The platform's popularity follows, in part, from the relative ease of effort to create a PayPal-capable shopping cart. You can use free PayPal Gift Card which you can easily get from Pmoneyreward.com
PayPal makes money by charging a small percentage of the purchase price as a processing fee. They deduct that automatically from the payment, so the merchant need not pay PayPal directly. The only caveat is that if your monthly sales are more than $3,000 you must apply for a merchant account. After your merchant account is approved, the per-transaction rates drop the more you sell.
The PayPal Shopping Cart, a feature included in Website Payments Standard, allows your customers to add multiple items to their shopping cart and allows you to accept payments for the items at one time directly from your website. It is available to Premier and Business accounts.
PayPal is great, I personally love it. It is free, easy to use, and there is no monthly fee. It is a perfect solution for many of our customers. Like anything it does have its flaws, and there are technical difficulties sometimes, at times it works, others it does not.
Let me give you and example; let's say you sell clothes online, and you have a PayPal Shopping Cart as your main merchant, and I (your customer) don't have a PayPal account. Well I don't necessary need one to use the merchant terminal. I will be able to just use the merchant terminal with my credit card without having to log in or create a PayPal account.
However, if I (again your customer) make any type of mistake filling out the online form like a wrong zip code, or a wrong address number or even a simple mistake as using small caps instead of upper case, the PayPal merchant will not accept my payment. It will give an error saying that the credit card is not valid.
Unfortunately many clients are lost while trying to figure out what the problem is. It is ultimately an inconvenience for some. Other customers really appreciate it because of the security. It is up to you to remind your customers to input all the information correctly.
My Recommendation to you, if you are a small business or lets say you are starting out as a new online store, PayPal is your best bet. It is free, it works and you can start making sales in as little as one hour after the account is active. However, if you have a big store and plan on making lots of sales online, or your average sales is over $50.00 PayPal might not be for you. But, using both, PayPal and Authorize.net is a great option for your clients.
PayPal Shopping Cart Requirements to get started with PayPal, you'll need to be prepared with several things:-
1. A PayPal account
If you don't have a Paypal account, sign up for one on the company's website. Use an email address you want to be associated with your shopping cart. It's best to use an address on the domain of your website, but it's not required.
2. Something to sell
You'll need to know the item's name, price, and optionally shipping costs and tax rate.
3. A website
This can be any website at all, from a personal page to a specialized domain, as long as you can make changes to individual pages.
4. An HTML editor
You'll need to insert some HTML code into the shopping-cart page on your website.
Although you can set up online payments with a standard PayPal account, only people who already have PayPal accounts can pay you. To allow any consumer to use a credit card, you'll need to sign up for a Premier or Business account.
The easiest way to set up a PayPal shopping cart is to copy the HTML following code where you want the "Buy Now" button to appear. Start by visiting PayPal's page that configures your "pay now" button. You'll need to supply some information:
• Button type to select items, subscriptions, donations, etc.
• The name and, optionally, ID number of the item. The ID is your own inventory-tracking number, like a UPC, SKU or ISBN code.
• The price and currency for the item.
• Customizations to the button that appears on your website
• Shipping costs per item.
• The tax rate you're obligated to collect on the sale.
• The email address of your PayPal account.
If you log in to PayPal before configuring the button, you can optionally set inventory control and advanced customization features on the button. When you've got the button generator configured to your satisfaction, click Create Button to open a new page that offers you two different button options—one for your website and one for an email call-to-action link.
Copy the code in the Website box. Using your HTML editor, paste the code on your shopping cart page then save the page back to your Web server. The button should appear in the updated page and be ready to process transactions for you.