ShutterstockPayPal Checkout is an online payment portal that websites can install for their users.- PayPal Express Checkout, now known as PayPal Checkout, is a checkout system that makes it easier for merchants to take payments from customers.
- PayPal Checkout lets customers log into PayPal to pay for the items in their shopping cart with little to no hassle.
- Using PayPal Checkout can help your customers save time, and streamline the purchasing process - however, it isn't free for merchants to use.
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PayPal Checkout, formerly known as PayPal Express Checkout, is a tool made for online sellers. It allows customers to buy goods or services easily, without the need to input their shipping and billing details.
This ensures that the customer's personal and payment information is transmitted securely to the merchant. It also makes shopping online quicker and easier than ever - a win/win situation for both sides.
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PayPal Checkout, explained
PayPal Checkout completely eliminates the need for customers to spend time inputting their billing and shipping information when purchasing an item online.
Instead, on sites with PayPal Checkout enabled, they can simply log in with their PayPal username and password, select the payment method already connected to their PayPal account, and that's it - purchase completed.
William Antonelli/Business Insider
An example of what the PayPal Checkout button looks like during checkout.
PayPal then sends the payment information to the business so the items can be shipped. The customer doesn't need to do anything else.
PayPal Checkout could increase sales due to its ease of use, allowing customers to purchase directly from item description pages or their shopping cart.
William Antonelli/Business Insider
Customers can use the payment information already saved to their PayPal account.However the service, while a more efficient service for both customers and merchants alike, isn't free for merchants.
Businesses that choose to use PayPal Checkout will be charged a 2.9% fee, plus $0.30 per transaction.
But given that there are no startup fees or monthly dues to pay, many sellers find this to be a great option for their business.
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