PayPal for Business

What PayPal for Business is

PayPal for Business is a business payment service available on the web, Android, and iOS. Businesses can accept PayPal, Venmo, Pay Later, credit and debit cards, digital wallets, bank transfers, vouchers, Apple Pay, and Google Pay. The service supports 130 currencies and includes recurring payments and marketplace payments. API and SDK coverage is listed.

A PayPal Business account has no monthly fee and no setup fee, though transaction fees apply. The account is listed as free, and the pricing note lists paid pricing from $0.09. The service has a free plan and a freemium pricing model. These options make it relevant to businesses choosing among payment methods and currencies, including those handling recurring or marketplace payments. PayPal is headquartered in San Jose, California, United States.

Who it suits

PayPal for Business suits businesses that want to accept a range of payment methods across web and mobile platforms. It is also relevant to businesses handling recurring payments, marketplace payments, or transactions in multiple currencies.

Limits

The free PayPal Business account has no monthly or setup fees, but transaction fees apply. Paid pricing is listed from $0.09.

Getting started

1. Open the PayPal for Business website.
2. Create a PayPal Business account, listed as free.
3. Choose the web, Android, or iOS platform.
4. Set up the payment methods your business accepts from the listed options.
5. Use the listed recurring payment, marketplace payment, or API and SDK coverage as needed.

Verdict

Choose PayPal for Business if you need to accept varied payment methods or support recurring and marketplace payments. Its free account has no monthly or setup fees, while transaction fees still apply. Consider the listed paid pricing when evaluating costs for your business.