What is PayPal?
PayPal is a popular online payment system that allows individuals and businesses to send and receive money electronically.
How does PayPal work?
PayPal provides a seamless checkout experience by integrating with 123FormBuilder. For example, users can create a registration form for an event and include PayPal as a payment option for attendees. When someone fills put the form and submits the payment, the funds will be sent to the user’s PayPal account.
Is PayPal secure?
Yes, PayPal is considered a secure payment platform. PayPal uses industry-standard encryption and security measures to protect users’ personal information and financial data. When users make a payment or transfer funds through PayPal, their financial information is kept private and secure.
Is PayPal international?
PayPal is an international payment platform that operates in over 200 countries worldwide. It allows users to send and receive payments in multiple currencies, making it convenient for individuals and businesses to conduct transactions across borders. However, it is important to note that PayPal may not be available in all countries or regions, and certain restrictions may apply depending on local laws and regulations
What payment methods does PayPal offer?
When integrated with a 123FormBuilder form, PayPal offers multiple payment methods: PayPal balance, PayPal Credit or Debit or Credit card (the accepted cards are Mastercard, Discover, Visa, Maestro, American Express, Diners)
Does PayPal charge any transactional fees?
Yes, PayPal charges transaction fees for certain type of transactions. The fees vary depending on the type of transaction, the currency used and the location of the sender and received. For example:
- Domestic transactions: within the same country, PayPal charges a fee of 2.9% of the transaction amount plus a fixed fee based on the currency used
- International transactions: for transactions that involve a currency conversion or cross-border transfer, PayPal charges a fee of 4.4% of the transaction amount plus a fixed fee based on the currency used.
- Micropayments: for transactions under $10, PayPal offers a micropayment fee structure that charges 5% of the transaction amount plus a fixed fee based on the currency used.
It is important to note that fees may be subject to change and may vary by country and region. PayPal provides detailed fee information on its website.
How can I integrate PayPal with my online form?
Start by creating a new form and adding fields – you can use choice fields or even Product field. Once you have assigned a price to all the choices/product fields, all you have to do is to add PayPal to your form by going to Payments section.
You can easily connect your PayPal email address and choose the necessary settings: currency, perform calculations to take into account taxes or discounts, set the payment as a recurrent one or even mark it as a donation.
After testing the form with the PayPal in sandbox mode, you are ready to collect those submissions and money!
Step by step guide on PayPal integration with 123FormBuilder