Welcome to our step-by-step guide on authorizing PayPal payments. In this article, we will walk you through the process of setting up and authorizing PayPal payments for your business. So, let's get started!
What is PayPal Authorization?
PayPal Authorization is a feature that allows you to temporarily hold funds from a buyer's PayPal account. It ensures that the funds are available for a specific transaction but does not actually complete the payment at that moment.
Why Would You Need to Authorize PayPal Payments?
There are several reasons why you might want to authorize PayPal payments:
- You sell customized or made-to-order products and require upfront approval before processing the payment.
- You provide services that require an initial down payment or deposit.
- Your business has a pre-order or backorder system and you need to confirm the availability of funds before processing the orders.
Step 1: Set Up PayPal Payment Authorization
Before you can start authorizing PayPal payments, you need to ensure that you have PayPal Payment Authorization enabled on your account. Here's how you can set it up:
- Log in to your PayPal account.
- Navigate to your Account Settings.
- Click on "Payment Preferences" or "Seller Preferences".
- Scroll down and find the "Block Payments" section.
- Select the option "Payment Receiving Preferences."
- Find the option "Allow payment from unverified buyers".
- Choose the desired option: "Yes" or "No".
- Save your changes.
Step 2: Authorizing PayPal Payments
Now that you have PayPal Payment Authorization set up, here's how you can authorize a payment:
- Log in to your PayPal account.
- Navigate to the "Transactions" or "Activity" section.
- Locate the transaction you want to authorize.
- Click on the "Authorize" or "Pending Authorization" option.
- Review the details of the transaction and the buyer's PayPal account.
- If everything looks good, click "Authorize Payment".
- The payment will now be authorized, and the funds will be held.
Step 3: Completing the Payment
Once you have authorized the payment, you may need to complete the transaction at a later stage. Here's how you can do it:
- Log in to your PayPal account.
- Navigate to the "Transactions" or "Activity" section.
- Locate the authorized payment.
- Click on the "Complete" or "Capture" option.
- Review the transaction details one last time.
- If everything is accurate, click "Complete Payment".
- The payment will now be processed, and the funds will be transferred to your account.
Authorizing PayPal payments can provide you with added control and flexibility for your business transactions. By following our step-by-step guide, you can easily set up and authorize payments using PayPal. Give it a try and experience the benefits for yourself!
We hope you found this guide helpful. If you have any further questions or need assistance, feel free to reach out to PayPal's customer support. Happy authorizing!