How to Collect Payments from Online Customers

Create a PayPal account

Create an account on PayPal. You'll need to provide the following: Provide an email address: You can send an invoice to your customers from the PayPal account itself with all details. Since PayPal is based on your email ID, your customer also must have an email ID. The invoice will be raised by PayPal and sent to your customer at his/her email ID.The customer can then make the payment using the credit/debit card. PayPal provides buyer protection, which helps your customers to have confidence in your business. Your existing bank details, like the name in which you have the bank account, bank name (check if your bank is in PayPal's list), and your bank account number. Your tax ID, relevant to your country. A working email ID. (Your email ID will be your PayPal account number.)

Expect to pay commission. For the services, PayPal charges a certain percentage of commission to receive the payment and another charge for transmitting the payment to your account. For more details, check PayPal.com.

Direct deposit in your bank account from within your country

Have the customer directly transfer the payment directly to your bank account if your customer is from your own country. For this you have to provide your customer with following details: Account name Name of the bank Branch of your bank (if necessary in your account) Account number (full internet banking account number) Unique code of your bank branch

Determine how payment is permitted by deposit. Usually the customer can either make an online payment or can just go to the branch of your bank in his/her city and deposit the payment. However, some banks charge for over-the-counter transactions, so check with your bank to understand the area specific rules and terms. Be aware that it may be illegal to pass on over-the-counter costs to customers paying this way––read the terms and conditions of any sales site you're using or local laws.