The PayPal Payments Standard extension
The PayPal Payments Standard extension can help you increase your customer service levels by making it easier for your customers to pay their bills.
As an alternative to collecting payments through bank transfer or credit cards, customers can pay through their PayPal account. When you send a sales invoice by email, there's a PayPal link in the email body and in the attached PDF document. If the customer chooses the link, the service page for their PayPal account opens and shows the payment details. The customer can then pay the invoice as any other PayPal payment.
The PayPal Payments Standard service provides the following benefits:
- Customer payments arrive faster in your bank account.
- Customers have more ways to pay invoices.
- PayPal offers a trustworthy payment service, which customers prefer to entering credit card information on web sites.
- PayPal offers multiple ways of handling payments, including credit card processing, PayPal accounts, and other sources.
- The PayPal link can be added automatically to sales documents or manually by the user.
- The PayPal Payments Standard service doesn't involve monthly fees or setup fees.
- Because it's an extension, you can easily enable the PayPal Payment Standard service when and if your business requires it.
To learn more about how to set up the extension, go to Enable Customer Payment Through PayPal.
Register payments automatically for business accounts
Business Central can register payments automatically if you have a Business Merchant account for the PayPal Commerce Platform. When your customers use the PayPal link to pay an invoice, Business Central posts the entries and close the document.
To use this capability, on the Payment Registration Setup page in Business Central, turn on the Register payments automatically toggle and verify the accounts you'll use for the payments. If you decide that you don't want to register payments automatically, you can turn it off again.
Tip
Developers can use sandbox accounts to test the setup. To do that, change the PayPal URL to sandbox.paypal.com. Business Central uses the PayPals Instant Payment Notification (IPN) through notify_url.
See also
Customizing Business Central Using Extensions
Setting Up Sales
Work with Business Central