Payment System PayPal
Our company offers a complex of services for connecting to the PayPal processing system.By connecting to PayPal with us, you will receive:
• Fastest possible connection procedure
• Minimisation of various commissions and costs
• Minimal penalties from the payment system
• Prompt conclusion of the contract and start of system integration
PayPal, like other payment systems, is attentive to the selection of its counterparties. Errors in documents, lack of company history, a poor business plan, lack of recommendations, inability to verify business owners, and even poor quality English in correspondence indirectly lead to an increase in the cost of cooperation with this payment system. We are engaged in presenting your company in the best possible light and carrying out the entire procedure for you.
Since November 1, 2012, the PayPal system accepts payments in rubles!
Connecting to PayPal
Connecting to PayPal is not easy due to some specific requirements related to the fact that the owners of this payment system are US citizens. PayPal restricts opportunities for clients from the CIS countries and some offshore jurisdictions. Restrictions apply to the ability to accept payments, as well as to withdraw and transfer funds to accounts in local banks. A complete list of countries with different levels of access to the system is available on the official website of the system.Our company will undertake the negotiation process for connection and create a favourable image for your company.
Documentation Requirements for Connecting a Corporate Account:
1. Information about the company (Name, date of registration, legal address, phone number and bank account number, main currency), as well as documents:
– A complete business plan in English (with a financial part according to British standards)
– Information about the bank where the company’s corporate account is opened
– Certificate of company registration
– Company Charter
– Licence to operate
– Memorandum of Association
– Recommendations from banks and industry organisations
– Copies of tax returns
– Credit history of the company or owner
– Information about the “Chargeback policy” (policy on refunding payments to the buyer)
– Copies of identity documents of the company director and beneficiaries
2. Category of goods or services to which the company’s activities relate
3. Website address to which the payment acceptance mechanism will be attached
4. Possible requests from PayPal for additional information about the company
5. Quality English both during negotiations and on the website
Our company will provide you with the following services for each of the above points:
1. Documents and information about the company.We will draw up a business plan in English with the correct financial model. We will collect a set of recommendations from industry enterprises, prepare constituent documents. If necessary, our specialists will provide you with services for registering a company in a tax-free jurisdiction specifically for working with PayPal.
2. Information about the services and goods planned for sale
Our company will carry out the entire negotiation process and correctly present to PayPal all the information indicating that your company is not engaged in high-risk goods and services, such as online casinos, sweepstakes, dating services, etc.
3. Information about the company’s website
Our specialists will provide you with advice on bringing the site in line with PayPal requirements, on the quality of the site, the availability of API and competent technical support, age and reputation.
4. Requests for additional information about the company
Our company will provide PayPal with any required information, up to “correctly drawn up” accounting reports. Also, in case of account freezing on suspicion of fraud, our specialists will resolve this situation as quickly as possible through negotiations with PayPal.
5. Level of English
To enhance the image of your company, our specialists will conduct the entire negotiation process in quality business English. Also, if necessary, we are ready to provide services for creating an English version of your website.
PayPal is the largest debit electronic payment system today. Our specialists will conduct correspondence and the entire negotiation process on your behalf. With our help, you will receive a connection on favourable terms, we will present your company to the PayPal system as trustworthy.
PayPal Services
PayPal provides the following services:• Making outgoing payments
• Connecting a mechanism to the website for paying for goods using credit cards (funds are transferred to the seller’s PayPal account)
• Accepting payments from Visa, MasterCard and American Express Gold cards
• Interaction with payment systems Amex, JCB, Discover, Switch, Solo, GiroPay, EC
• Withdrawal of funds to the company’s bank account
• Constant access to online transaction reports
• Multicurrency processing
• Sales security through data encryption and the use of security codes (CSC)
Advantages and Disadvantages of PayPal
The disadvantages of PayPal include increased requirements for customers during registration and frequent account blocking of companies in whose reliability the system is not completely sure. Our company will do everything to protect you from such troubles as much as possible.In addition, since restrictions on activities for companies from the CIS countries are more serious than for most offshore organisations, our specialists will help you register a company abroad.
The main advantages of PayPal are its global reach (operates in 190 countries) and high service reliability.
Our company will be happy to provide services for connecting your website to the PayPal payment system. Contact us.