User Guide

PayPal Merchant Tools
11
Copyright 2003 PayPal. All rights reserved
Receiving Payments
Now that you’ve set up your PayPal account,
you’re ready to start receiving payments. But
first, you should know the following.
Payment Receiving Preferences
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Your Payment Receiving Preferences let you
manage the types of payments you receive. To
edit your Payment Receiving Preferences, log in
to your PayPal account and click on the “Profile”
subtab of the “My Account” tab. Click on the
“Payment Receiving Preferences” link in the
“Selling Preferences” column.
While you are on the Payment Receiving
Preferences page, you can update your Credit
Card Statement Name, which is the name that
will be displayed on your customers’ credit card
statements when they use PayPal to pay you
with your credit card. The name will appear as
PAYPAL *YOURNAMEHERE and can be up to
11 alphanumeric characters. By making sure
your Credit Card Statement Name is meaningful
to your buyers, you can lower the risk of your
buyers filing chargebacks against you. For more
information on chargebacks, see page 16.
Reputation and Verification
You can see your Status on your Account
Overview page. The number in parentheses
next to your Verification status is your Seller
Reputation Number. This shows the number of
unique Verified buyers who have paid you. New
transactions are added after 30 days, and only
transactions of more than $5 will count towards
your Seller Reputation Number. When a buyer
confirms the details of a payment he is making,
your Verification Status and Seller Reputation
Numbers are shown. By clicking on them, the
buyer will see your Member Reputation Box,
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which provides the buyer with additional
information about your PayPal account. When
buyers are deciding to complete a transaction,
buyers often use the information in your
Member Reputation Box to decide whether or
not they want to continue with the transaction.
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Payment Receiving Preferences
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Reputation Box.