Last Updated on September 10, 2020 by admin
Despite a choice of a number of payment gateway options available, we focus this article on PayPal, which is also the no.1 choice of a study by Techradar.
PayPal was even more relevant to Indian businesses/websites as its close alternative Stripe was not permitted in India till November of 2017 when Stripe started with beta. Now, although launched full scale, Stripe website puts India under Preview mode which means some functioning might not yet activated as evident from an experience of a freelance writer on Medium.
PayTm though a household name in India is confined to domestic transactions.
So, PayTm not useful for receiving overseas payments, which is vital for any business operating in a global setup today.
PayPal acts as a short term wallet wherein payments received through your PayPal account will be automatically transferred to your chosen bank account. There is no upfront fee as you open a PayPal account either as an individual or a business account.
After opening a PayPal account, your chosen email id becomes your PayPal account no. So, no need to furnish tedious bank details filling account holder’s name, bank name, bank account no., IFSC.
PayPal comes equipped with a host of web and accounting tools that are handy for merchants.
It is easy to collect donations, subscriptions, or any other payments including consultancy job of which we will show a demo through WPForms.
How to collect payments for your consultancy job with WPForms PayPal addon
This is surprising as we tend to relate the payment aspect with the likes of PayPal and Stripe. Yes, you and someone on the other side who will make payment still need a PayPal or a Stripe account, but the process becomes smoother when WPForms deployed.
With WPForms, it is easy to add custom fields that help you collect relevant data. Now, making use of payment option with certain kinds of forms like donation forms, subscription forms helps the integration of form with receiving payments, the revenue generator of your business. The payer accomplishes furnishing relevant information together with making a payment at one instance. For WordPress users, this means no need to hire developers while making their websites powered with the option of accepting payments 24×7 just following easy steps.