Choose the right PayPal payment solutions for your business

In the highly competitive online shopping landscape, the key to converting more sales lies in whether businesses are providing a variety of payment options tailored to their customers’ preferences. Customers expect a greater choice in payments and failing to meet this expectation can create unnecessary friction, potentially resulting in cart abandonment and site drop-offs.

On the other hand, successfully offering the way customers prefer to pay can help remove those friction points and increase conversion rates. Hence, it’s imperative to identify and offer the right mix of payment options to create a smoother shopping journey. Here’s an overview of PayPal’s payment solutions to help you find the best fit for your business needs.

What are PayPal payment solutions?

PayPal payment solutions comprise a range of payment methods that allow your business to accept payments seamlessly when you sell online. There are also tools for you to request payment so you can get paid fast. Below is a summary of each payment solution.

How to accept payments with PayPal Get paid easily by integrating one or more of these payment solutions.
Speed up checkout on your website with PayPal Checkout.	Send, track, and manage payments easily with PayPal Invoicing.
Create predictable revenue streams with subscriptions.	Get paid in a few quick clicks with PayPal.Me.

Which PayPal payment solution is best suited for my business?

Depending on your business needs and goals, there are a wide range of payment solutions from PayPal that can help you accept payments online. To help you choose the right solution, let’s take a look at the key benefits each payment solution offers.

Reduce drop-offs and improve conversions with PayPal Checkout

Here’s how PayPal Checkout can help you securely accept various payment methods while giving your customers a smoother checkout experience.

• Streamlined checkout. Let your customers pay the way they want with PayPal, debit or credit cards, alternative payment methods, and more across any device—desktop, mobile, or app.
• Constantly up-to-date. Once integrated, PayPal Checkout will always be updated with the latest payment methods and bug fixes.
• Customizable experience. With advanced integration, you can build and customize the look and feel of your payment fields as well as your risk tolerance filters.

Who should opt for PayPal Checkout?

Small to medium-sized businesses that want to turn more shoppers into buyers by helping them complete their transactions quickly.

Read more about PayPal Checkout and how to set it up.

Send professional invoices and get paid fast with PayPal Invoicing

Here’s how PayPal Invoicing—a built-in feature within your PayPal Business account—can help you streamline processes as well as save time and money.

• Reduced costs. With online invoicing, you can cut expenses on paper, postal envelopes, postage fees, and staff wages for handling the invoices.
• Better speed and accuracy. Besides leaving less room for human error compared to physical invoices, PayPal Invoicing also helps you get paid faster. Our statistics show that 75% of PayPal invoices are paid within one day from the time the invoice is sent out.¹
• Improved efficiency. Thanks to enhanced tracking and reporting capabilities to smoothen operations, your business’ overall productivity is increased.

Who should opt for PayPal Invoicing?

Businesses and enterprises that are looking for a solution that’s pre-loaded with features to help them invoice fast and get paid faster.

Read more about PayPal Invoicing and how to set it up.

Build stable income and customer loyalty by offering subscriptions

Besides generating new revenue streams, here are the features you’ll get to unlock when you activate subscriptions with PayPal.

• Flexible subscription plans. Offer fixed or quantity pricing (based on quantity being sold), and choose your desired time period for billing cycles.
• Customizable trial periods. Incentivise and motivate your customers with discounted trial periods.
• Simple, powerful management. Get access to tools and APIs designed specifically to manage your subscription plans.

Who should opt for subscriptions?

Businesses offering streaming and on-demand services who want to provide better value and flexibility for their customers.

Read more about subscriptions and how to set it up.

Simplify the way you get paid with PayPal.Me

Here’s how having your own personalised PayPal.Me link can help you improve the speed and ease of collecting payments from customers.

• Take advantage of every business opportunity. Close deals in real-time, even during online conversations, without the hassle of logging in.
• Personalize your link your way. Make it easier for customers to recognise you by creating your unique PayPal.Me link with your business name and logo.
• Get paid quickly. Just send your PayPal.Me link to your customers via email, text message, or social channels to get paid fast.

Who should opt for PayPal.Me?

Businesses of all nature including freelancers, social sellers, and suppliers who are looking for a fast and simple way to get paid.

Read more about PayPal.Me and how to set it up.

However you do your business, there’s a PayPal payment solution that can help you stay ahead of fast-changing customer expectations to ultimately drive business growth. Learn more about PayPal payment solutions and get recommendations here.