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PayPal unveils global payment suite for online small businesses

By Gloria Methri

March 05, 2024

  • Alternative Payment Method
  • Apple Pay
  • Buy Now Pay Later (BNPL)
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PayPal, Online Payments, Payment Orchestration, PayPal Complete Payments, FinTech, UK, EuropePayPal has announced the launch of PayPal Complete Payments for online small businesses in the UK, Canada and across more than 20 European markets. The solution enables small enterprises in the UK to accept a range of payments including PayPal, buy now pay later solutions, Apple Pay, Google Pay, credit and debit cards, and alternative payment methods from around the world.

“We are bringing our latest innovation to the UK market,” said Vincent Belloc, Managing Director, PayPal UK. “With advanced features, our new solution enables simplicity and helps drive growth for online small businesses. PayPal Complete Payments has so far resulted in an average 4.2 per cent lift in credit and debit card acceptance for merchants in the UK6, which is meaningful for our customers. Early data demonstrates that it helps boost customer conversions and drive revenue.”

PayPal has integrations with several e-commerce platforms – including Adobe Commerce, Big Commerce and WooCommerce – which make it easier for their customers to quickly take advantage of this new solution.

This new solution enables eligible small businesses to allow their customers to securely store their payment methods in the PayPal vault for future purchases. This provides a seamless shopping experience for consumers and helps small businesses drive conversions and repeat buyers.

Businesses can sync order and tracking information with a new feature–Package Tracking. For businesses, sharing tracking data with PayPal can mean fewer customer disputes and a streamlined resolution process that eliminates manual responses, which can reduce costs.

To help keep small businesses secure in an environment where fraud is on the rise, PayPal Complete Payments will continue to offer Fraud Protection, Chargeback Protection, Dispute Management and Seller Protection on eligible transactions.

This solution is available at competitive rates for accepting credit cards and other payment methods online. Small businesses can now choose between flat-rate pricing and flexible pricing, which helps them get paid the full amount up-front and gives them a transparent view of processing costs.

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