What is PayPal?

PayPal is a global leader in online payments. In 2006 it processed the equivalent of $42 billion (AUD) in online volume, in 16 currencies. From 190 countries and regions around the world, PayPal is a real-time online payment solution that operates as a gateway, a merchant account and a wallet all rolled into one.

PayPal Express Checkout

How does it work for merchants?
Merchants can use PayPal to complement their existing payment infrastructure or as a complete stand-alone solution. If you already accept online payments, you can add PayPal Express Checkout as an additional option while retaining your existing processor relationship. With either PayPal option, you gain access to new buyers and a proven, safe online payment provider.

Increase sales and conversion
PayPal Express Checkout saves your customers time, turns shoppers into buyers and increases profit for your business by getting visitors to purchase as quickly as possible.

Access new sources of customer funds
PayPal provides additional funding sources not available elsewhere, including customers PayPal balance and instant bank transfers.

Buyers prefer PayPal
A recent independent study has shown that over a third of online users prefer PayPal as their online payment method, so by adding the PayPal mark to your checkout page you stand to increase your sales conversion.

Security
PayPal maintains a very low loss rate due to fraud – 0.41%, less than one half of one percent.

No account required
While many buyers prefer to use PayPal, customers do not need to have a PayPal account to pay you.

Reach new customers
PayPal has over 145 million PayPal accounts worldwide and more than 3 million in Australia – that’s over half of the Australian online shopping population.

Retain control
Customers are taken to PayPal to approve the use of PayPal to pay and then returned to your site to complete their purchases. PayPal Express Checkout enables tight integration with your website and order management process.