PayPal: Expert Guides and Resources

Joining PayPal is just the beginning, and the benefits far outweigh any fees charged to eBay sellers. There’s no charge to the buyer to pay for an online purchase — or to send money to anyone. Credit: ©iStockphoto.com/Prykhodov Payment methods supported by PayPal You have several ways to fund the money you send to another party through PayPal: Instant transfer: Sending money this way means the money is immediately credited to the recipient’s account.

When someone uses PayPal to pay for an item from your Etsy shop, the funds for that transaction land in your PayPal account. Although you're free to leave them there, at some point, you'll likely want to transfer them to your bank account, especially as your Etsy business grows. Fortunately, doing so is easy. Plus, PayPal charges you zilch to process the transaction (although your bank may hit you with a charge).

PayPal is a safe method of payment on eBay. No service can make a slow or lazy seller into the picture of efficiency. The advantage of PayPal, though, is that you don’t have to get your hands dirty. The folks at eBay know a good thing when they see it, so they acquired PayPal late in 2002. Now PayPal payments are integrated into eBay’s checkout process.

Enabling your website to accept PayPal payments is as simple as placing the PayPal button on your site. To create a payment button on your site, first sign in to your PayPal account. From there, follow these steps: Click the Merchant Services tab, at the top of the page. You arrive at the Merchant Services area.