How to Charge by PayPal

By Larry Amon

PayPal started very small as a way to send money. PayPal however, quickly became a popular alternative to credit cards to pay for things online. Ebay bought PayPal in 2002 and it is used extensively on Ebay’s website. PayPal is a very simple to use payment gateway to accept money directly from other PayPal accounts and to process credit card transactions. PayPal does not charge any fees to have a basic account and can be setup by almost anyone with an email address in minutes.

Sign Up for PayPal

Step 1

Go to the PayPal home page and click sign up. Enter your email address, mailing address, password, country and fill out a profile. Your password must contain at least eight characters and is case sensitive.

Step 2

Enter several security questions and answers. Read and agree to the terms of agreement. You will also have to type a security word in a text box and then hit "Submit."

Step 3

Open your email and look for a confirmation message. Follow the link in the email to confirm your account. Enter your password and your account is confirmed.

Adding Your Bank Account

Step 1

Sign in to your PayPal account. In the “My Account” tab look for the “Profile” link, click it and then choose “Add or Edit a Bank Account.”

Step 2

Enter your bank name, routing number, account number and any other information you are asked for.

Step 3

Check for two deposits made into your bank account by PayPal. When the deposits post, sign back into PayPal. Under profile, look for a link to verify your bank account. Enter the amount of the deposits and to complete the setup of your bank account. You are now ready to add or remove funds using PayPal.

Adding Paypal Payment Buttons

Step 1

Sign in to your PayPal account. Click on the “Merchant Services” tab. Choose the “Buy Now Button.”

Step 2

Choose the “Accept Payments For” drop-down menu to “Products.” Next, choose “Create a Buy Now Button.”

Step 3

Enter in the item information including your product's description and price. You will also add in shipping information. Click on “Create Button.”

Step 4

Copy the HTML code that shows up in the next screen. Paste this code on your website where you want the button to appear.

Tips & Warnings

  • PayPal will charge you a percentage of all sales. The amount depends on your account type.