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Setting up Payments with PayPal
Can I do instant deposits with Invoice Simple using PayPal?
Can I do instant deposits with Invoice Simple using PayPal?
Updated over a week ago

If you do not wish to wait the 1-2 business days to receive a payment, you do have the option to have your payments automatically deposited into your account. You can set up instant deposits easily on the console for your PayPal business account. However, please bear in mind that instant deposits automatically deduct a 1% charge from the amount being deposited, up to a maximum charge of 10$.

Additionally, PayPal has set some limits on instant deposits:

To a bank:

Up to $25,000 per transfer

To a card:

Up to $5,000 in total per week and up to $15,000 in total per month

Setting up an instant deposit

You’ll want to start by logging into the console for your PayPal business account. Once you log in, you’ll see your current balance.

This is basically the amount of money you have been paid since midnight the night before, minus the processing fee. To initiate the transfer, hit the Transfer Money button. If you do not see this button, then it means your connected back account does not support instant deposits.

From here, follow the prompts to complete the transfer.

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