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DDMFA - Introduction to PayPal
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DDMFA - Introduction to PayPal

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    DDMFA - Introduction to PayPal DDMFA - Introduction to PayPal Presentation Transcript

    • An introduction to Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk What is PayPal?
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk “PayPal is a secure online payment method, which allows you to pay or get paid quickly and easily without sharing any of your financial information.” PayPal Inc. (2010). What is PayPal?. Available: https://www.paypal-marketing.co.uk/whatis/index.htm. Last accessed 11 June 2010.
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk PayPal: Advantages
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk PayPal is secure - customers only share financial details with PayPal and not merchants. All transactions take place on PayPal’s secure pages. PayPal Inc. (2010). Safety Advice for PayPal. Available: https://www.paypal-marketing.co.uk/safetyadvice/index.htm. Last accessed 11 June 2010.
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk PayPal is easy to use - you don’t need a PayPal account to pay by PayPal. All major debit and credit cards are accepted and users with a PayPal account can make payments direct from their bank account via DirectDebit. PayPal Inc. (2010). What is PayPal?. Available: https://www.paypal-marketing.co.uk/whatis/index.htm. Last accessed 11 June 2010.
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk PayPal is easy to integrate - many off-the-shelf solutions exist for integrating PayPal into websites to allow automatic payments without human intervention. Many of these solutions are free to use. PayPal Inc. (2010). What is PayPal?. Available: https://www.paypal-marketing.co.uk/whatis/index.htm. Last accessed 11 June 2010.
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk PayPal: Disadvantages
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk PayPal charges fees - the end cost to the customer remains the same but PayPal subtract a fee from all Payments received. PayPal Inc. (2010). PayPal Fee Structure. Available: https://www.paypal.com/uk/cgi-bin/webscr?cmd=_display-fees-outside&nav=1.0.4. Last accessed 11 June 2010.
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk Account Type Premier Business Charity Fixed Fee £0.20 £0.20 £0.20 Percentage Fee 3.4% 3.4% 1.4% Fee Charged on £10 £0.54 £0.54 £0.34 PayPal Inc. (2010). PayPal Fee Structure. Available: https://www.paypal.com/uk/cgi-bin/webscr?cmd=_display-fees-outside&nav=1.0.4. Last accessed 11 June 2010.
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk Implementation Ideas
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk Online competition entry - competitors complete all festival entry paperwork online. Entry fees are automatically calculated and a payment made instantly.
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk One-off donations - a visitor to the website can research the Association and make an instant donation. Online donations by credit/debit card remove the barrier of sending a cheque by post.
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk Recurring donations/payments - customers with PayPay accounts can create a subscriptions to send a payment/donation every year. Ideal for Association membership renewal.
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk Next Steps
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk Identify trial opportunities - understand where PayPal payments would be best used.
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk Set up PayPal account - PayPal accounts are free and secure. Email address and “real-world” banking details required.
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk Identify appropriate technology - decide on technology to manage and account for PayPal payments.
    • Ross C Brown - Comments and suggestions to rcb@rosscbrown.co.uk Implementation and evaluation - try using PayPal and consult with internal and external stakeholders to evaluate the payment scheme.