Paypal Standard - Team Logic Help System

Paypal Standard

What it is:

This service uses your Paypal business account to take payments from customers using their credit card OR their Paypal account. The customer is redirected to Paypal's secure site to send their payment information.

  • Buyers don’t even need a PayPal account
  • No Credit Application
  • No setup charge or monthly fees
  • Fraud Protection: Guard your business with PayPal’s Automatic Fraud Screening—included at no extra charge.

Who its for:

Web-only ecommerce store owners that don't already have a Merchant account, and who wish to have a simple way to accept credit cards while allowing their customers leave their store for payment. Also allows for customers to use their existing Paypal account for payment.

How It Works

  • Step 1: Your Site - Customers check out with credit card/PayPal.
  • Step 2: Paypal.com - They review their details.
  • Step 3: Paypal.com - They view their payment confirmation.
  • Step 4: Your Site - And they return to your site.
  • Step 5: Paypal.com - You get paid.

 

Pricing:

Your monthly sales Your fee per transaction     Examples
$0 to $3,000 2.2% + $0.30* $3.20 fee on a $100 sale
$3,000+ to $10,000 2.9% + $0.30 $2.80 fee on a $100 sale
$10,000+ 2.5% + $0.30*     $2.50 fee on a $100 sale




 

 

With PayPal there are no extra costs like setup charges, monthly fees, downgrade penalties, or cancellation charges.

 

Setting Up Paypal Standard:

Step 1: Create a Paypal business account:

To use this payment option, you must have a Paypal Business Account. If you do not have this type of account, you can click here to sign up. Once you have created your account and have your Paypal username and password you can move to Step 2.

Step 2: Setup Your Store

Follow these instructions to configure your store to use Paypal Web Payments Standard:

  1. Login to your Store-Logic admin and go to the "Payments" section under the "Operations" Menu
  2. Make sure that the icon next to Paypal Standard API is green indicating that Paypal Standard is the active payment gateway.
  3. Click on the gear icon for Paypal Standard to view the Paypal admin screen.
  4. Enter your Paypal business account email address.
  5. When finished click "Update API". Your payment gateway is now ready to be used.