|
Setting Up Your PayPal Account
You don’t need a Merchant Account to add a shopping cart to your website!
HOW IT WORKS
PayPal, a third-party e-commerce system made popular by ebay, can be used to collect donations, registration fees, payments for products, etc.
Your PayPal account gets linked to your business or organization checking or savings account. The PayPal code for each item or service is embedded in desired locations within the website. When someone makes a purchase or donation, you receive a notification via email. You then log into your PayPal account to see details of the transaction and transfer the funds (less the small transaction fee - approx. 3%) to your bank account.
SETTING UP YOUR ACCOUNT
MouseWorks can register your PayPal account and associate it with your business or organization bank account.
In order to do this, we need the following information:
- Name of Bank
- Type of Account (checking or savings)
- Account Number
- Routing Number (see example below)
CONFIRMING YOUR ACCOUNT
Once we’ve entered your bank account information into the PayPal system, PayPal will begin the account verification process by making two small deposits into your bank account. After a day or two, call your bank or log in to your bank account to find out what the exact amounts of these two deposits are. Send this information to us and we’ll complete the verification process.
MAINTAINING YOUR PAYPAL ACCOUNT
When a customer makes a purchase from your website, you will receive a message from PayPal with “You’ve got money!” in the subject line. Go to www.PayPal.com and log into your account using your email address and the password provided by MouseWorks. From there you can view the payment history, withdraw funds from your PayPal account into your checking/savings account, send money requests, etc.
The user interface at PayPal is simple and straightforward, but please feel free to call MouseWorks if you need a little help navigating their system.
|
