Invoice Simple is switching our payments processing partner over to PayPal.
If you are currently using Invoice Simple Payments and would like to know more about what this move means to you, we've put together some common questions and answers below.
For anything else, drop us a line through the support section of Invoice Simple and we'll be happy to help you out.
What is PayPal?
PayPal is an industry-leading payment processor that makes paying and getting paid online easy for tens of millions of customers and businesses alike.
For you, it means fast, easy, and reliable payment collection, built right into your Invoice Simple invoices. For your customers, it means peace of mind knowing they are paying you through a trusted brand known and used the world over.
Why am I being asked to switch to PayPal?
Payment processing through Invoice Simple will soon be handled exclusively by PayPal.
In order to avoid any disruption to your business, we're encouraging everyone currently using Invoice Simple Payments to make the switch before payments are no longer available through our current Invoice Simple Payments processor.
What happens if I don't switch to PayPal?
Soon we will be disconnecting our current payment processor from Invoice Simple. If you haven't switched over to PayPal at that time, your ability to process payments through Invoice Simple will be paused.
You can still make the switch any time after the change, and payment processing will pick up right where it left off for you.
If you don't switch, please know that your Invoice Simple account will continue to work normally in every other way. You can still create and send invoices to your customers, but the ability to collect a payment directly from your Invoice Simple invoice would be paused until you make the switch over to PayPal. To avoid any disruption and keep your payments flowing normally, we recommend switching to PayPal now.
Will there be any cost difference?
No, your transaction fee will remain the same at 2.9% and 30 cents.
Will there by any change to how long payments take to deposit into my bank account?
Currently it takes 2 business days for a payment to go from transaction to bank deposit.
With PayPal, you can expect bank deposits in 1-2 business days, so in some cases you could get your money even faster.
Will I lose access to my previous data?
No, your Invoice Simple documents and data will remain in tact.
How can I learn more about the new Invoice Simple Payments powered by PayPal?
Check out our knowledge base for lots of helpful information, from how to sign up to how to get support with a payment issue: