PayPal Payments Pro is PayPal's complete online payment processing solution. It equips its merchants with access to PayPal's payment gateway so they can start accepting card payments and a merchant account so they needn't turn to a third party merchant account provider.
Choosing PayPal Payments Pro
Consider the following before you choose PayPal Payments Pro to be your payment solution:
- Countries Supported: PayPal Payments Pro onboards merchants based in the United States of America, Canada, and the United Kingdom. If your business is domiciled in Australia or New Zealand and you would like to use PayPal's payment gateway, consider using PayPal Payflow Pro.
- Payment Methods: PayPal supports payments via PayPal and credit card.
- Pricing: PayPal has service fees which include monthly and per-transaction fees. These fees are location based. Visit your country specific PayPal site for more information.
Using Omnibasis with PayPal Payments Pro
- Sign up for a business account: PayPal requires all of its merchant to possess business accounts. You can sign up for one by clicking the Sign Up option on the top right of the screen and choosing Business Account.
- Sign the billing agreement: Signing the billing agreement present on the Overview page will automatically sign you up for Website Payments Pro, which will allow you to accept payments.
Difference between PayPal Payments Pro and Website Payments Pro
While signing up for PayPal Payments Pro equips you with a merchant account and access to PayPal's payment gateway, signing up for Website Payments Pro allows your PayPal account to receive payments via credit and debit card. Fortunately, signing your billing agreement with PayPal Payments Pro automatically signs you up for Website Payments pro; just remember to do so when you're ready to go live i.e. to start accepting payments on your website.