How PayPal works with Arcadier?
PayPal's Split Payment API is pre-integrated into Arcadier Marketplaces. The Split Payment API will enable you to take a commission percentage (%) for every transaction as the Marketplace Administrator before the remaining amount is transferred to your merchant.
What you need to do?
PayPal Split Payments is fully-integrated and is immediate upon registration of account:
What's in it for you?
PayPal does not offer any special rates for Arcadier users. However if you are doing big volumes, you can contact PayPal directly for a special volume pricing.
PayPal has many different payment products including PayPal Express Checkout, PayPal Subscription and PayPal Digital Goods . Amongst its products, using PayPal Split Payments allows an automated way for Marketplace Administrators be able to take a percentage commission out of each transaction before it goes to the merchant on their marketplace by splitting the payment between the administrators and the merchant.
No, buyers do not need a PayPal Account. They will only need their credit card or debit cards to pay like on any ecommerce website, however, they can also use their PayPal Account to pay should they have one.
If you receive all payments first as the marketplace administrator first before transferring your merchant's share to them, that would make you a "merchant-on-record". You can do so with PayPal by integrating to PayPal Express Checkout product using the Custom Payment feature within your administrator portal to do so.
It depends on the way the specific payment flow occurs. Its better if you reach out to Arcadier at email@example.com to check with us first.
PayPal payment fees differ from country to country. Do check your local PayPal.com webpages for the pricing that is relevant to you.
Yes, PayPal is now available for domestic India.