What is the difference between the Standard and Business options in PayPal?
Note
This FAQ applies to users who have enabled the PayPal integration before June 30, 2023.
The differences between the two Payment Options are as follows:
PayPal Standard | PayPal Business | |
---|---|---|
Should I have a US based PayPal account? | No | Yes |
How much will I be charged as transaction fees? | % of the amount | Flat fee of 50 cents |
Should my customer have a PayPal account too? | No | Yes |
Can my customer pay via credit card? | Yes | No |
Will I receive the payment instantly? | Yes | May be delayed for eCheck payments |