Paypal is an online financial service Provider allowing almost instant payment between Paypal-accounts. Furthermore Paypal gives (to a certain extent) buyer protection. To use benefit from these advantages it is necessary that the customer already possesses a Paypal-account and also that the customer already payed in the required amount of money via bank transfer or has activated payment by direct debit. The experienced user common to the conditions and processes within Paypal has a very comfortable tool for payment at hand. The following information is intended for customers who do not yet own a Paypal account and are not sure if to chose ''bank transfer'' or ''payment via Paypal'' as the method of payment.
Unfortunately the use of Paypal sometimes causes issues for both the buyer and seller. This costs us time and money and leads in such cases to a delayed shipment after multiple inquiries, repeated payments and a continuous see-saw with paypal. We already had frustrated customers who canceled their orders with Paypal to use bank transfer as the method of payment. The reason always was a lack of knowledge about the process behind paypal-payments. For that reason we made this small overview over the´principles of payment via Paypal:
IMPORTANT: The opening of a Paypal account is not sufficient to make immediate payments. If you did not use Paypal before, we have collected the following information for you:
Processing of a Paypal-payment for a new customer:
1. You place your order at our store
2. You are redirected to Paypal
3. You open a Paypal account
4. You initiate payment through Paypal
5. Payment cannot be processed, as there is no balance on the Paypal-account
6. You return to the store, your order is finished
7. You pay the required amount onto the Paypal-account via Bank transfer
8. Paypal transfers the amount onto your account
9. Your order can be processed
Processing of an order via bank transfer:
1. You place your order at our store
2. Your receive our bank account information via Email
3. You transfer the required amount onto our bank account
4. Your order can be shipped
Customers who already have a Paypal-Account for an extended amount of time can also choose payment via direct debit or pay the bill with balance on the account. Both ways allow for a transfer within seconds and is for both you and us advantageous.
Our conclusion:
The user common to Paypal can benefit from its comfort of use. For new customers Paypal means: