|Take Online Payments Through A PayPal Account|
Allowing online payments gives your pupils an additional option and can also allow their parents to make payments direct. To pay you does not require the pupil to have a PayPal account and all major credit and debit cards can be used.
In order to use this facility, you will need to have a PayPal business account which requires no set up fee. In order to set this up on your site, we will require your 'Unique Merchant ID'.
Once your account is set up, this can be found in the 'Profile' section of the PayPal panel. Standard charge for transactions are 3.4% + 20p / transaction but the rate falls to 2.9% + 20p if taking over $pound;1500 through PayPal each month.
Once a payment has been made, you will receive an email notification. You can then simply go into your PayPal account and withdraw the funds into your specified bank account which normally takes about 3 days.
Once PayPal facility has been set up on your account, any changes to your pricing will be automatically reflected in the PayPal buttons that accompany them.
Sign up for PayPal Business Account