![]() ![]() For business owners who have multiple customers paying the same price for goods and services, PayPal makes it easy to send multiple invoices at once. Want to learn more about PayPal’s credit card processing services? Check out our review of PayPal. With PayPal Credit, you get paid immediately, but the customer can pay off their balance in installments.Įditor’s note: Looking for the right accounting software for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs. You can also offer PayPal Credit to eligible customers. Standard transfers to a linked bank account are free. PayPal charges 1% of the total amount for instant transfers, up to $10. You can use your balance where PayPal is accepted, make transactions with a PayPal debit card, or have the money transferred to your banking account. Once a customer pays the invoice, the money is deposited into your PayPal account – in most cases, within minutes. Close to 80% of invoice payments arrive in one day of sending the invoice. PayPal claims invoices sent through its platform are paid on average in less than three days. You don’t need to have a PayPal account to accept payments from clients. ![]() Customers who receive a PayPal invoice from you can pay directly via a debit card, credit card or PayPal account. PayPal invoicing also allows you to better manage accounts receivables by viewing billing history, tracking payments from customers, and sending alerts and reminders when invoices go unpaid. PayPal allows you to save up to 50 templates. You can save an invoice as a template to speed up the invoice process the next time. PayPal enables you to customize your invoice template by adding your logo, contact information, billing terms and other custom fields. Here’s a look at some of the other PayPal invoicing features that make it an attractive business tool: If you’re looking for other solutions to handle your invoicing, check out our recommendations for the best accounting software, many of which have invoicing capabilities. You also have the option to print out a PDF and mail it to your customers. Once created, you can send your invoice via shared link or email. With PayPal, you can create and send invoices from your smartphone, desktop computer or any device that has internet access. It is that easy, allowing time-crunched business owners to quickly send an invoice and forget about it.
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