As a business owner, you’re always looking for ways to streamline your operations and save money. When it comes to payments, using a PayPal business account with Shopify can help you accomplish both of those goals.
Here’s a look at why you might want to consider using a PayPal business account with Shopify, as well as how to set everything up.
What is a PayPal Business Account?
A PayPal business account is a type of account that allows businesses to accept payments online. With a PayPal business account, you’ll have access to features like invoicing and payment processing. You can also use a PayPal business account to send and receive money from other businesses.
Why Use a PayPal Business Account with Shopify?
There are several reasons why you might want to use a PayPal business account with Shopify. For one thing, it can save you time and money on transaction fees.
When you use Shopify Payments, you’re charged a 2.9% transaction fee on every sale. However, when you use a PayPal business account, you’re only charged a 2.9% transaction fee on sales made in the US. For sales made outside of the US, you’ll be charged a 3.9% transaction fee.
Another reason to use a PayPal business account with Shopify is that it can help you streamline your payment processing. With Shopify Payments, you have to separately process payments made via credit card and PayPal.
However, when you use a PayPal business account, all of your payments will be processed through PayPal. This can save you time and hassle when it comes to managing your payments.
Finally, using a PayPal business account with Shopify can give you access to features like invoicing that aren’t available with Shopify Payments. With invoicing, you can send professional-looking invoices directly to your customers from your Shopify store. This can save you time and help you get paid faster.
How to Set Up Your PayPal Business Account
If you’re interested in using a PayPal business account with Shopify, setting everything up is easy. First, log in to your Shopify admin and go to Settings > Payments. Then, scroll down to the “Alternative Payments” section and click on “Choose alternative payment.”
Next, select “PayPal” from the list of alternative payment options and click on “Activate.”
Finally, enter your PayPal email address and click on “Save.”
And that’s it! You’re now ready to start using your PayPal business account with Shopify.
Do I Need a PayPal Business Account for Shopify?
If you’re interested in using PayPal with your Shopify store- which we recommend!- then yes, absolutely! There are many benefits of using PayPal for Shopify stores including lower fees for American transactions and streamlined payment processing.
