Paypal is a popular multi-currency payment gateway which includes a free service called Paypal Standard and a premium service called PayPal Payments Pro.
PayPal is a truly global payments platform that is available to people in 203 markets, allowing customers to get paid in more than 100 currencies, withdraw funds to their bank accounts in 57 currencies and hold balances in their PayPal accounts in 26 currencies.
Paypal Standard is perhaps the quickest way to start accepting credit card payments for your bookings and reservations with Tokeet.
Unlike most payment processors, Paypal Standard for business requires no setup fees, no subscription fees and no lengthy approval process. It does however, require that users process transactions through the Paypal payment interface. This means that when it comes time to make a payment, your customer will be redirected from Tokeet to PayPal and then back again once the transaction is complete. As such, PayPal does not allow you to process credit cards on behalf of your customers in the Tokeet dashboard area. Payments can only be made via the customer facing invoice.
PayPal Payments Pro
Paypal Payments Pro is a robust payment processing system capable of meeting most businesses processing needs. Unlike Paypal Standard, you have full control over the checkout process, including a fully branded and integrated payment page through Tokeet. When completing transactions through PayPal Payments Pro, the customer does not leave the Tokeet interface and can process their payments seamlessly and professionally.
Paypal Payments Pro does allow you to process payments on behalf of your customers in the Tokeet dashboard area by using the Pay With Card button when viewing an invoice. This is great for walk-ins and over-the-phone bookings.
Paypal Payments Pro requires an additional monthly subscription fee which is billed by Paypal. You can apply for an account through the PayPal interface.
Paypal is available to merchants in many countries. You can check if your country and currency is supported here. Note: PayPal Payments Pro is only available in the US, Canada and the UK.
Paypal Payments Pro operates under different names internationally, sometimes referred to as Paypal Pro, or Paypal Pro Hosted Solution. These are 100% compatible with our Paypal Payments Integration.
France: PayPal Intégral Evolution
Spain: Pasarela Integral
Japan: Website Payments Plus