PayPal Express is a new online service that allows consumers to process payments and transfers quickly and easily through PayPal. PayPal Express Checkout makes shopping easier for your customers by providing them with the ability to pay with credit card or via the safety of their own PayPal account. Through PayPal Express checkout, the consumer is automatically redirected to the secure PayPal website to complete the final payment details. This transaction is protected by PayPal’s Payment Card Number (PCN), which ensures that a legitimate payment has been made and that the payment is not being sent to an unauthorized party.
Merchants can process payments for their customers using PayPal Express, as well as accept payments from third-party pay pal accounts. Merchants can also choose to combine their PayPal Express checkout and other payment methods such as checks and money orders so that the consumer does not need to go through the process of selecting a payment method separately. In addition, merchants have the ability to take advantage of advanced features that help users to more effectively manage their shopping carts, such as recurring buys and recurring monthly orders, while still allowing customers to track and manage their shopping cart information and spend history information simultaneously.
Merchants will need to consider several factors before selecting a company to accept payments with PayPal Express. The most important factor to consider is the selection of merchant bank which can offer the best rate for the specific type of product or service being offered. Additional factors to consider include the terms and conditions of accepting payments with Paypal, available payment methods, available discounts and features, and the expanded features offered through PayPal Express checkout. To better understand the available payment options with Paypal Express, it is helpful to review the available options with the Payment Card Number (PCN) associated with each transaction. If a payment requires input of sensitive financial information, a business should make sure that the processing company is HIPAA compliant with stipulated guidelines to protect the privacy of your customers’ personal information.
