PayPal

PayPal is an online payment service that is rapidly gaining popularity in the Netherlands, and is used by millions of people all over the world for online payments between private individuals and companies. It has recently become possible to make PayPal payments via mobile telephones. All you need is an e-mail address to make payments.

In 2010, PayPal had a total transaction volume of 92 billion dollars, and with 2.4 million accountholders, PayPal is experiencing explosive growth in the Netherlands as well. One out of four people making purchases online in the Netherlands has a PayPal account, and PayPal may be used to make payments via 36% of Dutch webshops.

Starting from:
€ 0.05 per transaction

Fast and easy payments for you and your customers
Accept credit card payments
ICEPAY handles refunds and chargebacks

How To

Advantages & Possibilities

For consumers

Availability

How To

1. Choose and request the account that best suits your needs.

2. Your account is immediately ready for implementing and testing. Some extra actions are required before you can go ‘live’ with your account.

3. You can go live and provide the available payment methods, as soon as the testing of your account is successful and your request is officially approved.

NB: A special request is needed for credit cards and SEPA Direct Debit recurring. Please be aware that this may take several weeks. Once your account goes live, you can provide every available payment method for your account type in your webshop, except for credit cards and SEPA Direct Debit recurring. You can only offer these payment methods in your webshop once your request for them is approved.

Advantages and Possibilities

PayPal makes it possible for people to make payments quickly, safely and easily, without the need for a bank account or credit card. More and more consumers have a PayPal account as a result. By offering PayPal, you can provide more consumers with a fast, easy and diverse method of payment. PayPal also offers the possibility for the paying customer to pay without a PayPal account, or to pay by credit card to the PayPal account or to the accepting party. This way, merchants who do not have the option to accept credit card payments directly, can still accept credit card payments from their customers via their PayPal account.

When a consumer has made a PayPal or credit card payment, ICEPAY will send you confirmation that the payment has been made. Once you have received this message, you can send the order to the customer. This means high-speed order processing, which benefits both you and the customer. You have no monthly or start-up costs and only pay the PayPal and ICEPAY charges for each transaction received. Please note: If you offer PayPal via ICEPAY, you do not fall under the PayPal conditions of protection since the shipping address is not yet supported. ICEPAY compensates for this by processing your PayPal refunds and chargebacks for you.

The advantages of PayPal in your webshop:

The possibility for consumers to pay without having to provide credit card and/or bank details;
Reach a large group of consumers that will continue to grow;
Fast and easy payments for you and your customers;
The possibilty to accept credit card payments;
No monthly fees/start-up costs;
ICEPAY handles your refunds and chargebacks for you.

How it works for your customers

ICEPAY acts as the intermediary between you and PayPal. In terms of the payment procedure, if your customer indicates a preference for paying by PayPal, they will be redirected via ICEPAY to the PayPal payment page. Your customer will not be aware of this extra step. Payments for your transactions will be made into your PayPal account and thus not into your ICEPAY account. Although the transaction will be shown on your ICEPAY account (E-states), ICEPAY does not pay out any of this amount.

Paying with PayPal is easy for your customer: