If you are a blogger, a freelancer or a small business owner, chances are you need to deal with billing at least once in a month.
As a blogger, I used to ask my clients to send the bill once the deal is done. It’s a decent way. But there is a better way – using money request or invoice option in Paypal.
If you are wondering what’s the difference between “Money Request” or “Invoice”, here is the answer for you. Money request is mainly used for personal purposes like getting payment from friends or family. Invoice is for business purposes. It gives you places to put company logo, description, item number, shipping etc.
Though money request is the easiest way, but I prefer invoicing system. It is more professional. And Paypal makes creating invoice insanely easy. It has a built-in template for creating invoicing.
Once I started sending invoices to my clients, it helps me to keep track of my finances. It also creates a positive impression and increases professionalism. So I would suggest using these Paypal features to get paid online.
In this post, I will be sharing how to send money request or invoice through Paypal.
Let’s start with money request option.
Recommended Reading: How to Get a Free Payoneer MasterCard (Plus $25 Bonus)
How to Send Money Request on Paypal
Sending money request is the quickest way. Here’s how to request money on Paypal.
Step #1: Login to Your Paypal Account
At first, login to your Paypal account and click on “Send & Request” from the header.
Step #2: Request Money
On the next page, click on “Request from anyone” from “Request Money” section.
Then you need to enter email, mobile number or name of the person from whom you are going to get the payment. Normally, I use email.
Now enter the email address and click on “Next” button.
Step #3: Enter the Amount and Write a note
Then enter the amount and select the currency. By the way, you will be charged a small fee to receive the money. The fee is $0.30 plus 1.9% to 2.9% of the amount.
Writing a note is not mandatory, but it can make the purpose clear to the payer. Then click on “Request Money”.
You’ll get success notification.
You can see the pending request on your account summary from where you can send a reminder or edit the amount or cancel the request.
How to Create and Send Invoice Through Paypal
Using money request is good for getting payment from friends or family. But when it comes to professional payment, you should use Paypal invoicing system. Paypal has a built-in invoice generator. Here’s how to generate invoice using Paypal.
Step #1: Login to Your Paypal Account
At first, you need to login to your Paypal account and click on “Send & Request” from the header.
Step #2: Create an Invoice
On the next page, click on “Create and manages invoices” from Request Money section.
Then you will be taken to the Paypal Invoice page. Just click on the “Create New Invoice”.
Then you need to create a template for your invoice.
To create the template, upload your company logo (1), enter email address (2), enter description, quantity and price (3), Write note to the receipt (4) and click on Preview (5) to see how your invoice will look to the recipient.
Note that; you will be charged a small fee to receive the money through invoice. The fee is $0.30 plus 1.9% to 2.9% of the amount.
Step #3: Send the Invoice
If you are happy with your Invoice, just click on the send button.
So this is how you can create an invoice within few minutes that looks professional.
You can see the Invoice on your Paypal summary from where you can send a reminder or edit the amount or cancel the invoice.
Over to You
I hope this post helped you to send money request or create an invoice on Paypal.
Now I’d like to hear from you. How do you get paid from your clients? Do you use any other options? Let us know via comment.
However, if you found this post useful, help me by sharing this post on Facebook, Twitter, or Google+.
This blog post is really helpful. But I know that Bangladesh does not support PayPal account. So I would like to know that have any way to use PayPal account from Bangladesh.
Currently, I am using my sister’s Paypal account who lives in the USA. Payoneer is the best solution for Bangladeshi users.