How to set up a PayPal store

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Got a business that you want to start online but don't want to go through a big hassle to set it up. Set up a PayPal store and you will sell and handle card transactions all in the same place. I will show you how easy it is to do this.

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Instructions

Difficulty: Moderately Easy

Things You’ll Need:

PayPal account

Step1

Sign up for a PayPal business account.
You will need the information below:
* Account/business owner's name, address, and email
* Business name and address
* Customer service information

Go to www.PayPal.com to do this or use the link below.
https://www.paypal.com/us/cgi-bin/webscr?cmd=_onboarding-list&getStarted=true

Step2

Verify your banking information, PayPal will make a small deposit. You will check your bank account to see the amount.

1. Confirm email address
* The email address you used to sign up
2 minutes

2. Add and confirm bank account
* Bank name
* Account and routing numbers
* Name associated with bank account

Up to 3-5 business day

Step3

Get your business started.
Accept credit cards, bank transfers, debit cards, and more! Plus, your customers can pay you instantly, even if they don't have a PayPal account.

Step4

Open a PayPal shop and fill it with your products.
http://www.paypal.com/cgi-bin/webscr?cmd=_shop-ext

Tips & Warnings

Use a separate banking account for personal banking if you plan on using your business as a tax deduction. Otherwise you might send up red flags at the IRS.

Resources

Comments

torque63 said

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on 1/13/2008 I too have used Ebay far more than what I would have liked to, but they get to make money on you twice for each sale that goes through paypal.
PayPal doesn't directly build shops but are more of a link to yours.

https://www.paypal.com/us/cgi-bin/webscr?cmd=_shop-ext

their solution is to use Ebay Prostores, since they have stock in Ebay.

http://www.prostores.com/

There are other options that don't cost $30 a month

grouch said

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on 1/12/2008 So is the store hosted by paypal? Do you actually list your items for sale on a off shoot of the paypal website? or is this just the option to add the paypal symbol to whatever website you make and only use their website as the equal of a shopping cart? I am a old timer at Ebay and I already have a business account with paypal. I am just tired of paying what feels like double and triple fees sometimes.