PayPal Pro Gateway

PayPal Pro is a payment plugin for classifieds sites that sets up an advanced credit card terminal on your site. After activating the PayPal Pro Plugin your users will get the ability to buy services on your site with their debit or credit cards without leaving your site. The Plugin offers you and your users the following benefits:

• No need for your users to have a PayPal account;
• Keep your buyer on site through checkout;
• Ability to accept payments in multiple currencies;
• Support of recurring payments;
• Increase in sales by offering your users more payment options;
• Trusted and secure payment terminal.

How it works

When a user selects a particular service or package he wishes to purchase, he’ll be offered available payment options. After selecting the direct credit/debit card payment the user will be redirected to a new page on your site, where he will need to enter his credit card details in order to complete the payment. Once the order is complete the user’s payment is credited to your PayPal account. From there, you are free to transfer it to your bank account or use it as you see fit.

Set up

Currently, PayPal Pro payments are available only for the US, UK and Canada. In other words, your classifieds business should operate in the U.S. and be tied to a US bank account. If you’re not a resident of the above mentioned countries, you may check the other payment gateway alternatives, which allow you to accept payments right on your site.

If your country is eligible for PayPal Pro, the next step is to make sure that your account type with PayPal is business, if not, you’ll need to upgrade it to use the PayPal Pro. Once you verify that you hold a business account you’ll need to enable PayPal Pro Checkout in your PayPal account. For this, you’ll be asked to go through the PayPal Payments Pro application, where you’ll provide PayPal with relevant details about your business. It normally takes PayPal two business days to review and approve your application.

Fees

PayPal charges a fee for allowing your business to accept credit cards directly on your site. Once you start making use of the Plugin, you’ll be charged:

• $30 monthly fee;
• 2.9% per transaction + $0.30 for payments made within the U.S.;
• 3.9% per transaction + a fixed fee for receiving international payments;

A fixed fee for international payments varies depending on a country from where a payment is received. You may learn more about the fees for different countries by checking out the table on PayPal’s official site. There are no fees either for setting up or terminating your account with PayPal.

Since classifieds sites deal mainly with buying and selling different items, it is essential that you offer your users as many payment options as possible. Having the PayPal Pro Payment solution on your site will make your users’ paying experience smooth and flawless.