The content of this article is provided for informational purposes only. You should always obtain independent business, tax, financial, and legal advice before making any business decision.
In this guide, we’ll explore the importance of an all-in-one payment solution, including how it can help streamline operations, increase customer loyalty, improve security, and ultimately, drive conversions.
An all-in-one online payment solution is a single platform that provides merchants with all the features and tools needed to quickly and easily accept various payment methods online, manage sales and mitigate risk from one place.
Advanced Checkout is PayPal’s payment processing solution that includes all the features available through a Standard Checkout integration plus additional advanced payment types, customizable features, and risk management tools.
In other words, Advanced Checkout is PayPal’s leading single integration that enables merchants to offer, accept, and process several preferred payment methods from around the world, including:
As a merchant, you want to make the customer journey as seamless as possible. Advanced Checkout can help business owners simplify the checkout process with features like:
Apple Pay® and Google Pay are fast, simple, and secure ways to pay in millions of places online and in stores. They allow you to offer more ways for your customers to pay.
Explore the benefits of digital wallets.
Save payment details for subsequent purchases from repeat shoppers, so they won't have to enter their payment information again — including for subscriptions and recurring payments.
With payment methods safely stored, you can initiate recurring payments or reduce the steps to purchase, allowing customers to complete their future transactions in just a few clicks.
Understand the importance of vaulted payments.
Account updater services automatically keep your stored customers’ card information updated so you won’t miss a sale due to stolen, lost, or expired cards.
Discover more about authorization rates here.
IC++ is a pricing model that credit card processors use to calculate the fees associated with each transaction. Compared to flat-rate pricing, IC++ offers an added layer of transparency.
From helping save time and increase conversions, Advanced Checkout offers many advantages for merchants and their customers with one single integration.
By managing all your payments in one place, you’ll gain more control over your transaction data. That’s because you’ll have quick and convenient visibility into all your transactions, sales, and reporting. You can also better manage cash flow and get money instantly into your PayPal Business account.
With Advanced Checkout, you can avoid paying fees for multiple payment solutions. Besides accepting PayPal payments, you can manage your card processing needs as well. Plus, get one of the market-leading rates when you process card payments, Apple Pay® and other alternative payment methods, at 2.59% + $0.49. Fees are subject to change. Apple Pay® does not charge any additional fees.
Spend more time doing business and less time worrying about fraud, thanks to our Fraud and Seller Protection tools on eligible transactions. Fraud Protection covers card payments and digital wallets, in addition to Seller Protection for PayPal payment methods. Available on eligible purchases. Limits apply.
You can opt for Chargeback Protection1 (for an additional fee) to help monitor your eligible transactions and manage risk. We’ll assume the liability for your eligible transactions, and if one turns out to be fraudulent, we’ll reimburse the chargeback fee and purchase amount. Limits apply.
Ready to upgrade? Visit our PayPal Upgrade Hub or follow the below steps and get ready to enjoy the benefits.
If you’re using a commerce platform, you can visit the PayPal Partner Solutions Directory for instructions to get started specific to your platform.
For more information, talk to a payment specialist today 866-365-7744.
In partnership with three expert business owners, the PayPal Bootcamp includes practical checklists and a short video loaded with tips to help take your business to the next level.
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