PayPal Goods And Services: Online & Mobile Wallet

With almost everything on the Internet nowadays, payment methods like PayPal have revolutionized our personal and business transactions. Signing up for a PayPal account is free. You can immediately have an active account as long as you provide a working email and some documents for identification.

paypal goods and services

PayPal doesn’t charge you a fee when you use your account to receive money from your family and friend within the same country. However, if you use your PayPal for the payment of goods and services, you will be charged a small percentage. In this article, we will be talking about the PayPal Goods and Services Feature and how you can manage your incoming funds.

What is the PayPal Goods and Services Feature?

The PayPal Goods and Services feature is about using PayPal to send, receive, and pay with funds. This covers all the methods of how money is being distributed within the platform across PayPal accounts. There are two types of payments that exist within PayPal. These include the following modes:

  • Goods – This refers to items that are not bought from eBay and other merchants. But this still represents a physical and tangible product that you can buy.
  • Services – This refers to intangible stuff like works performed by other people for you. This includes but not limited to writing, SEO, web management, etc.

All of these have a corresponding fee when you process it through PayPal. Note that as uncomfortable as you are for PayPal’s way of business, remember that they are always a business entity. And for them to thrive and continue these types of services, they need to find a way to profit from our end. We use their services and products, and we pay them for it.

How to Use PayPal Goods and Services

Using PayPal goods and services feature is easy. All you need is an active PayPal account. Also, it would be best to get your account verified to lift off the withdrawal limit.

In case you do not know yet, PayPal will allow a basic and personal account to receive money without limits. But when it comes to funds withdrawal, you can only transfer money from your account to your bank account or other external recipients for a limited amount.

Getting your account verified on PayPal will be very beneficial for you. This is true especially if you are planning to charge for goods and services using PayPal as a payment method. We’re not talking about a business account. Just a simple PayPal premier account type will suffice.

Pay for Goods and Services

If you are already a PayPal verified account holder, then this should not be an issue. If not, you should get that fixed as soon as possible. Anyway, here’s how to pay for goods and services using PayPal.

  1. The first thing you should do is open a new tab on your web browser.
  2. Go to PayPal official website and click on the “Log in” button.
PayPal Log In
  1. Type in your email and password before hitting the Enter key.
  2. Once you see your account’s main dashboard, click on the “Send & Request” tab on top.
Pay For Goods
  1. On the next page, click on the “Pay for goods or services” button.
  2. Now, you should type in the blank box the email address of the recipient then click “Next”.
Enter Email Address
  1. You will be directed to another page that will require you to input the amount of money that you want to send.
Enter Amount
  1. You may need to add some notes if you want to send a message along with the funds.
  2. Once you are done, just confirm and follow the prompts until you see the notification that the funds have been successfully sent.
  3. That’s it. The payment should appear on the recipient’s dashboard.

Request Payment for Goods and Services

Here’s the opposite of paying for goods and services. If you are the one who provided the goods and services, you can request the funds easily. Here’s how you can do it.

  1. The first thing you should do is open a new tab on your web browser.
  2. Go to PayPal’s official website and click on the “Log in” button.
PayPal Log In
  1. Type in your email and password before hitting the Enter key.
  2. Once you see your account’s main dashboard, click on the “Send & Request” tab on top.
  3. On the next page, click on the “Request from anyone” button.
Request From Anyone
  1. You will be redirected to another page in which you will need to type in the email address of the recipient of the request. Once you do, click on the “Next” button.
  1. Type in the desired amount that you want to request and then click on the “Request a Payment” button. You may add a message on the “Add a note” area if you want to.
  2. After you click on the “Request a Payment” button, you will see a confirmation about your request.
Request Payment Done
  1. That’s it. All you need to do now is wait for the request to get approved from the other end.

If you want to make sure that the request was successfully sent, you may check on the “Activity” tab next to the dashboard. Or you can see it on the summary of your activities on your account’s main dashboard. Right there, it will appear as Pending until the recipient responds or approved your requested amount of money.

Requested Payment on Pending

This is probably one of my favorite features of PayPal. It is easy, quick, and comprehensive. But still, you know that you are safe and protected despite the simplicity.

Here’s a reminder for you. When typing for your recipient’s email address, make sure to always double-check the spelling first. You wouldn’t want your money going to the wrong person.

Conclusion

So what do you think of PayPal Goods and Services feature? Have you found any issue when you tried using it? If you do, tell us in the comment section. I’m sure lots of people using PayPal’s services especially the new ones would be eager to know.

In case you have some questions and useful suggestions that you want to share with us, feel free to leave a message down below. We would be more than happy to answer all your queries.

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2 thoughts on “PayPal Goods And Services: Online & Mobile Wallet”

  1. I’ve used Authorize.net for years as well, with varying degrees of success – they haven’t gone downhill in terms of quality. PayPal is more useful than a credit card processor, but there’s no substitute for a credit card processor. A credit card processor is more or less dead simple enough to be useful for a small business (it’s hard to tell how much you’ve actually gotten paid through this service) without any pain.

    What I really like about PayPal (and other similar service providers) is that they are open to you – and you have the opportunity to do a bit more work.

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  2. This feels good to me! I was looking for something to do some business with (small and medium business) and am currently working with a startup on an international scale where credit cards cost a fortune each year and I can see a potential customer here and there, but I haven’t looked into Paypal to determine the legalities yet. Anyone know of something that would allow a payment processor to provide this type of service, I assume it’d be possible for them to partner with a bank to set up a payment system for a certain percentage of businesses that want it to work.

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