PayPal's Email Payments system is an alternative solution to generating paper based invoices to customers. The system is easy to set up, quick and a secure method of obtaining payments (via credit card, bank or PayPal accounts) online.
There are no merchant handling fees or set up costs and you don't need a website in order to activate a payment request - a basic request can be generated and emailed to your clients allowing them to click and pay. As a PayPal Email Payments user you will only pay a minimal transaction fee for receiving the monies into your account (currently 1.4% to 3.4% + £0.20 GBP).
The PayPal site provides comprehensive information about setting up Email Payments and additional features are available - such as the ability to generate payment reports, send refunds and calculate VAT. Email Payments has a number of payment processing options depending on the size and needs of your business.
About PayPal
PayPal is a secure online account that stores your card and bank details, enabling you to pay online and by mobile phone quickly and safely. There's no need to enter your sensitive financial information every time you shop, and you can be confident that it is never shared with the seller. PayPal is the safer, easier way to pay and get paid online.
PayPal Europe S.àr.l. et Cie S.C.A. is a Luxembourg-based limited liability partnership, which is regulated by the Commission de Surveillance du Secteur Financier (‘CSSF') in Luxembourg. PayPal Inc is the ultimate parent of PayPal Europe S.àr.l. et Cie S.C.A. and is 100% owned by eBay Inc. PayPal Inc was set up in the US in December 1998 and acquired by eBay Inc in 2002. In 2007, PayPal processed more than $47 billion in total payment volume, up 33% year on year and the total payment volume for PayPal Merchant Services was $7.5 billion in Q3 2008, up 49% year over year. PayPal has over 175 million accounts worldwide and supports payments from 190 markets in 19 global currencies.
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