This document discusses online payments in Ireland and options for accepting online payments through PayPal. It notes that Ireland spends €4 billion online annually but 75% goes overseas, mostly to the UK. It then provides information on PayPal account types for personal, casual selling, and regular selling. The document outlines benefits of using PayPal like improving cash flow and getting paid in advance, and notes PayPal's fees and considerations for online payments like stock control and returns policies.

1. WELCOME

2. SEPA - Accepting Online Payments
Johnny Beirne – Digital Business Institute
Cahal Mahon – Accounting Matters

3. Ireland currently spends close to €4 billion online each year,
but 75 per cent of that goes overseas, mostly to the UK
Source: Annual report from the Digital Hub Development Agency (DHDA)

4. Source: Annual report from the Digital Hub Development Agency (DHDA)
2014 - €4Bn
2017 - €??????
€21 Billion

5. Buying with Mobile (phone & tablet) up 41%
Source: Sunday Business Post – 02.03.14

6. PayPal Accounts
• Personal – for buying
• Premier – for casual selling
• Business – for regular selling
• All are free – you pay according to each transaction

7. Business Account

11. PayPal Options
• Shopping Cart
• Buy Now (Pay Now)
• Donations
• Gift Vouchers
• Subscriptions
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EU Regulation - €2,500 Limit
Submit identification documents and call PayPal on 1800 948 510
8am to 10pm Mon – Fri | 8am to 9pm on Sat.
9am to 9pm on Sun

12. Demo

13. PayPal Benefits
• Accept online payments
• Process order over the phone
• Get paid in advance - in full or a deposit
• Charge for products and services
• Great App
• Improve cash flow: PayPal to Bank Acc. In 2 – 3 days
• Your get a valid email address with transactions (email marketing)
• Use funds for business related purchases e.g. Facebook Ads
• Easy to issue a refund
• People do not need a PayPal Account to purchase with PayPal i.e. use Credit Card
• Promote with Social Media
• TV add campaign increasing consumer confidence

14. PayPal Fees

15. Online Payment Considerations
• Stock Control
• Order Handling
• Delivery
• Returns
• Refunds
• Terms & Conditions