Locus - T merchants can now integrate PayPal as an additional payment option to increase their sales, expand globally, attract more buyers, and keep their business secure.
PayPal is a global leader in online payments with a total payment volume of US$60 billion in 2008 - approximately 9% of global ecommerce and 15% of US ecommerce1.
| Increase Your Sales | ||
| - | Businesses get an average sales increase of 14% when they add PayPal 2 | |
| - | Receive payments from more than 78 million active accounts worldwide3 | |
| - | 57% of online shoppers who purchased from a small/medium-sized business would not have done so if PayPal had not been a payment option4 | |
| Expand Globally with PayPal | ||
| - | Accept a variety of local payment methods worldwide with one solution | |
| - | Sell to customers in 190 countries using 18 currencies | |
| - | Diversify and reduce dependence on local markets | |
| - | Alleviate seasonal market fluctuations | |
| Attract more buyers with PayPal | ||
| - | 1 in 3 US online shoppers has a PayPal account | |
| - | Active PayPal buyers in the US use PayPal on average for over 50% of their online spending 5 | |
| - | In Australia and UK, PayPal is the most preferred payment service on the web 6 | |
| - | 90% of US shoppers who prefer PayPal cite security most often as the reason for their preference 6 | |
| Stay Secure with PayPal | ||
| - | No worrying about storing sensitive customer data - leave it to PayPal | |
| - | Over 2,000 specialists working 24/7 to prevent fraud and identity theft | |
| - | Highest available data encryption keeps transactions secure | |
| - | Advanced fraud prevention tools keep PayPal’s loss rates extremely low < 0.5% | |
| "PayPal is committed to making sure that the transactions are secure. This really seems to reassure buyers." - Kurt Denke, BlueJeansCable.com |
||
| Read more. | ||
| How does it work? | ||
| PayPal is easily enabled through Locus - T. To get started, complete the following 2 steps: | ||
| 1. | Sign up for a PayPal Premier or Business account - it’s free and takes just minutes.  |
|
| 2. | Contact Locus - T for integration at 603 – 71182173 or email to cust.serv@locus-t.com. | |
| Now, you’re ready to start receiving payments. Here’s how it works when a buyer makes a purchase: | ||
| - | Customers shop on your website and click the payment button to make a purchase. | |
| - | They log in to website and choose PayPal. Remember, it’s secure and easy for your buyers as they don’t have to retype their financial details each time they pay. | |
| - | With PayPal, they can pay using their credit cards, bank account 7 or PayPal balance. | |
| - | You get paid instantly in your PayPal account and can choose to withdraw the funds to your bank account or keep the funds as PayPal balance for your future online purchases. | |
| How much will it cost? | ||
| PayPal has no set-up or monthly fees. Pay only a nominal transaction fee with PayPal when you receive a payment 8. See transaction fees. | ||
1Based on Forrester’s estimates of US e-commerce, with the addition of eBay Inc. internal metrics totaling approximately US$256B.
3Active accounts are those that have had activity in the past 12 months. PayPal has a total of 200 million accounts worldwide.
4Based on Q4 2007 survey of PayPal shoppers, conducted by Northstar Research.
7Receiving payments via bank transfers is available from approved countries. Click here.
8Your transaction will be completed at a retail foreign exchange rate determined by PayPal, which is adjusted regularly based on market conditions. This exchange rate includes a 2.5% spread above the wholesale exchange rate at which PayPal obtains foreign currency, and the spread is retained by PayPal. The specific exchange rate that applies to your multiple currency transaction will be displayed at the time of the transaction. |
||
How to enable PayPal
PayPal is easily enabled through Locus-T. To get started, complete the following 2 steps.
1. Sign up for a PayPal Premier or Business account - it’s free and takes just minutes.
2. Contact Locus – T for integration at
603 – 7118 2173 or email to cust.serv@locus-t.com
Helpful links:
News
Fees
PayPal Help Center
More questions? Contact PayPal
Telephone: (65) 6535-7227
www.paypal.com
