What is the difference between the Standard and Business options in PayPal?
The differences between the two Payment Options are as follows:
|PayPal Standard||PayPal Business|
|Should I have a US based PayPal account?||No||Yes|
|How much will I be charged as transaction fees?||% of the amount||Flat fee of 50 cents|
|Should my customer have a PayPal account too?||No||Yes|
|Can my customer pay via credit card?||Yes||No|
|Will I receive the payment instantly?||Yes||May be delayed for eCheck payments|