paypal payment

Discussion in 'PayPal' started by promotingspace.net, Jul 30, 2007.

  1. #1
    Hi
    I'd like to know requirements for enabling users to deposit by paypal on my site. i have not got any experience:confused:
     
    promotingspace.net, Jul 30, 2007 IP
  2. eddy2099

    eddy2099 Peon

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    #2
    You will need at least a Premier or Business Paypal account.

    What do you mean by 'deposit by paypal' ? Paypal does not permit you to run a financial institution by offering banking services such as deposits. It only allows you to receive payment for sales or for sending money to friends.
     
    eddy2099, Jul 30, 2007 IP
  3. promotingspace.net

    promotingspace.net Peon

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    #3
    I meant my users pay to my account and get a balance for future use
     
    promotingspace.net, Jul 30, 2007 IP
  4. eddy2099

    eddy2099 Peon

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    #4
    I assume you mean that you are selling a product or a service. If that is so, all you need is a Premier or Business Paypal account. Have that verified legally and that should do the trick. You could then make use of the Buy Now or Donation button option in paypal.

    However with all that said and done, you will need to be from a country which supports receiving of funds in the first place.

    Check this list https://www.paypal.com/cgi-bin/webscr?cmd=_display-approved-signup-countries-outside

    Make sure what you are offering is not prohibited by http://www.paypal.com/cgi-bin/webscr?cmd=p/gen/ua/use/index_frame-outside because some members have their accounted limited because they ignored these.
     
    eddy2099, Jul 30, 2007 IP