PayPal for Dropshipping Transactions

PAYPAL ISSUES BECAUSE OF DROPSHIPPING! Sigh... (BIZATHON4 EP12)

Hey, what's up? Today I want to have a heart to heart with you guys and talk about something really serious. You've probably seen a lot of videos on YouTube about dropshipping and how to make it big, but not a lot of people talk about the ups and downs. Most will only tell you about the ups because they want to sell their courses and enroll you with them. That's not me. I don't have any courses to sell, so I'm going to tell you about the ups and downs.

The PayPal Review:

A weird thing happened to me recently. I got an email from PayPal stating that my account was under review. If you've been dropshipping for a while, you're bound to encounter this issue sometime in your career. PayPal is going to put your account on a review and expect you to submit a lot of documentation. No payment provider likes the dropshipping model because of scammers. You'll encounter a lot of dropshippers who won't fulfill their orders, and this is bad for the name of dropshipping.

The Bad News:

The bad news is that this will probably happen to you if you're using PayPal. It's frustrating, and it might happen at any point in your dropshipping career. But, there is a solution, and I'll guide you through the entire process.

The Good News:

The good news is that there is a solution. You need to be honest and transparent with PayPal. Tell them that you're dropshipping from Aliexpress, and give them the contact information of your suppliers. Provide copies of original bills of sale, provide a written statement for detailing your refund policy, resolve any buyer complaints that exist, and provide details about inventory management.

As long as you're an ethical dropshipper who fulfills orders, you should run into any problems. Remember that the reason PayPal is doing this is to protect themselves. It's the ups and downs of business, and you have to expect it to happen to you in the future. Keep that in mind, and you'll be fine.

PayPal Tutorial: How to Create/Send a Paypal Invoice Link & Request Money from Clients in 2022

Hey there, welcome back to Jennifer Marie's channel, where I teach you how to make money online and become a work-from-home freelancer. In this updated video, I'll be showing you how to create and send an invoice to your clients using PayPal in 2022.

As a freelancer, I often have to send invoices to clients who contact me through social media for voiceovers or video editing. I always ask for payment in advance before starting the work. In this video, I'll be sharing two ways to send an invoice via PayPal.

How to Create an Invoice:

1. Click on invoicing under Quick Links or click Pay and get paid and then Create and Manage invoices.

2. Click Create Invoice.

3. Under Bill To, enter the email address or name of the customer. If you don't have an email address, just enter a name and send the link later.

4. Enter the item name and the amount of money the client has to pay.

5. Add more items, a message to customer, terms and conditions, or reference number if needed.

6. Under more options, add an attachment, a memo to yourself (customers won't see this), allow partial payment, set a minimum amount due, or give the option for your client to give you a tip.

7. Set your currency and add your logo if needed.

8. Click Preview to see what your invoice will look like.

9. Click Edit invoice if you need to make any changes.

10. Click Send or Share link to invoice.

Sending the Invoice:

1. If you click on Share link to invoice, copy the link and send it to your client.

2. The client will see the amount, items, and note to customer, and have the option to pay with any credit card or PayPal balance.

Creating and sending an invoice via PayPal is a simple and efficient way to get paid as a freelancer. Don't forget to ask for payment in advance and add any necessary details to the invoice. Happy freelancing!

How to Make PAYPAL BUSINESS ACCOUNT for Freelancers, Dropshipping, Shopify, Twitch etc! 2023

Hey guys, welcome back to our channel Insodia Today. In this video, I will tell you how to make a PayPal business account. Many of you were asking for this video, so here it is. Please don't forget to subscribe.

Steps to Make a PayPal Business Account:

1. Open the PayPal website. The link is in the description.

2. Here, you will see two accounts, the individual account option, and the business account option.

3. In the business account, you will be getting B2B payments and many other benefits.

4. You can add PayPal to your website, and for freelancers, this is very good as you can get your payment through this.

5. For this, you have to do KYC, that is identity verification.

6. Click on the Sign Up button.

7. Select the business account and click on next.

8. Choose Website selling goods or services, On marketplace, or Freelance platform.

9. Select your monthly sales volume.

10. Choose both INR and foreign currency.

11. Enter your email and choose a password.

12. Select the option which describes your business.

13. Select your product or services keyword.

14. Choose your purpose code.

15. Enter your personal PAN account.

16. Choose your CC statement name.

17. Fill in your information, such as your first name, last name, date of birth, address, and phone number.

18. Agree and continue.

19. Click on Get started now in the email you receive.

20. Fill in your password and confirm your email.

21. Link up your bank account.

22. Request deposits and verify them.

23. Upload your identity documents for verification to start accepting local payments.

That's it. Hope you liked this video. If you like this video, please do thumbs up and subscribe to our channel, and don't forget to hit the notification bell. See you!

Shopify PayPal Setup

In this video tutorial, we will learn how to set up PayPal in your Shopify store for quick and secure payment options.

Steps to Set Up PayPal in Shopify:

1. Log in to your Shopify store and go to the settings menu.

2. Click on payment providers and select the PayPal option.

3. Activate PayPal Express Checkout to give your customers the option to pay with PayPal.

4. If you don't have a PayPal business account yet, set it up with Shopify.

5. Input your personal information and choose the business type and sales estimate.

6. Confirm your account setup through email and set up your bank accounts and routing numbers for payouts.

Tips:

- Confirm your PayPal account setup through email.

- Set up your bank accounts and routing numbers for easy payouts.

- Subscribe to our channel and leave a comment if you have any questions or video requests.

Setting up PayPal in your Shopify store is a simple process that can benefit both you and your customers. With PayPal Express Checkout, your customers can pay quickly and securely, while you can receive payouts to your bank account. Don't forget to confirm your account setup and set up your bank accounts for easy payouts.

How to set up PayPal Business Account in 2022 (Step by Step)

In this video, the speaker shows how to set up a PayPal business account. The steps include:

1. Go to paypal.com and click sign up

2. Choose a business account and enter your email and password

3. Confirm whether the account is for a registered business

4. Enter your legal name, LLC, phone number, and address

5. Select your business type, monthly sales, and employee identification number

6. Enter your website and skip the business debit Mastercard

7. Enter your social security number, date of birth, and home address

8. Choose whether you are selling physical goods, services, or other

9. Select how customers will purchase your products (single transaction, recurring basis, or both)

10. Choose a pre-built solution that does not require coding

After completing these steps, you will have your PayPal business account set up and ready to take payments. You can connect your bank account to transfer funds or keep the money in your PayPal account. The video concludes with a reminder to confirm your email address and links to the speaker's social media accounts.

Shopify vs Paypal - Which One Is Better?

Hey guys, my name is Marcus and in this video, I'm going to compare Shopify with PayPal. I'll share my actual recommendation for you to use, compare their fee structures, and show you the features they have. Let's get started!

Recommendation:

If you can use Shopify payments, use only that. But, having a PayPal account for your business is also effective and good. I recommend using Stripe as a backend and having it as a backup in case PayPal or Shopify put your account on hold.

Fee Structure:

Shopify payments are not available in all countries, so if you use PayPal, you need to pay 3.4% plus 45 cents transaction fee on every order. You also need to pay an additional 2% to Shopify. The fee structure is different for Shopify Basic, Shopify Advanced, and Shopify Payments.

Schedule:

Shopify payments reserve payouts for three business days, while PayPal takes five to seven business days. Chargebacks protection and prevention are offered by both, but Shopify automatically collects evidence for you, while with PayPal, you need to provide evidence supporting your case.

Stripe:

Stripe has 3D secure, a method used to verify customer identity before an online card purchase. I recommend using Stripe combined with PayPal and Shopify if you can.

They are both great, but my recommendation is to use Shopify Payments if you can. If you have to use PayPal, it's effective, but be careful and have Stripe as a backup. Thank you for watching, and if you have any questions, ask me in the comments. Have a great day!