And what's the charge on the transaction? I think I missed that in the lengthy blog post

Should be the standard paypal and venmo for business rates which are roughly 3%

if we don't want to upgrade or personal PayPal to a biz account (therefore I will delete my PayPal payment option) will that effect our ability to keep taking Venmo?

Can the new Paypal be used for security deposit holds?

Also, is it available to UK customers?

if we don't want to upgrade or personal PayPal to a biz account (therefore I will delete my PayPal payment option) will that effect our ability to keep taking Venmo?

I believe the old/existing PayPal connection also required business PayPal accounts, so nothing should have changed on that front. It will work with the same PayPal account you had in place already, just have to connect it again. 

Venmo is only available with this new PayPal connection. There is no Venmo-only type of connection unfortunately. Generally speaking, Venmo does not connect with merchants directly outside of PayPal except for native mobile apps.

We need the option to direct standard CC payments to our primary processor and use PayPal to only process PayPal and Venmo. 

I don't see the option to configure it that way.  Our primary credit card processor is way cheaper than PayPal for standard cards, but offering the Venmo/PayPal option would be great.

We need the option to direct standard CC payments to our primary processor and use PayPal to only process PayPal and Venmo. 

I don't see the option to configure it that way.  Our primary credit card processor is way cheaper than PayPal for standard cards, but offering the Venmo/PayPal option would be great.

Exactly 3% is pricey but Venmo would be great

Prefer default stripe processing to reduce fees. PayPal is 1.4% + 10p more expensive for a GBP payment & 2.64% + 10p more expensive for an international payment.

Will we get funds right away if guest selects PayPal pay later?

Can PayPal do security deposits? Stripe is failing for scheduled security holds right now.

Is it available in UK?

How will Apple and Google pay stack up against other options!

We need the option to direct standard CC payments to our primary processor and use PayPal to only process PayPal and Venmo. 

I don't see the option to configure it that way.  Our primary credit card processor is way cheaper than PayPal for standard cards, but offering the Venmo/PayPal option would be great.

This is key.

We use Lynnbrook for CC processing. They offer Venmo, Paypal pay later, apple pay, etc.  Can OwnerRez please enable their wallet function so we can use these payment methods?  Lynnbrook already offer it to PMs on Streamline and other PMS software providers.  We have friends on Streamline and they've been using it for months. Please enable "wallets" for Lynnbrook. Thank you! :)

What is the adoption rate they are seeing with those other payment methods?

We use Lynnbrook for CC processing. They offer Venmo, Paypal pay later, apple pay, etc.  Can OwnerRez please enable their wallet function so we can use these payment methods?  Lynnbrook already offer it to PMs on Streamline and other PMS software providers.  We have friends on Streamline and they've been using it for months. Please enable "wallets" for Lynnbrook. Thank you! :)

THIS!!!!! Please enable wallets for your preferred partner, Lynnbrook!

https://www.ownerrez.com/forums/requests/mobile-pay-w-digital-wallet-apple-pay-venmo-zelle-crypto

Hi everyone! Wanted to jump in here and answer what questions I could.

PayPal accepts businesses with a business address and bank location in the following locations.

They offer short-term, interest-free payments that allow guests to buy now and pay later, while hosts receive payment upfront. You can read more on that topic here.

As for credit card processing, if you have a processor configured we will prefer that over PayPal during the checkout process. This is to say that if your guest chooses to pay by card and you have (let's say) Stripe configured as well as PayPal, Stripe should be the credit card processor in use at the time of checkout. If no credit card processor is configured, we fall back to PayPal.

Thank you for clarifying

"Please be aware that all accounts using the current PayPal connection must upgrade to gain access to the new PayPal. The upgrade is easy! All you need to do is connect your PayPal account again if you connected previously, and if you've never used PayPal, it's never been easier. More details on how to get connected here."

This language is confusing to me.  I currently have a Paypal account.  It says all I need to do is to "connect to my Paypal account again".    I just need to open the account?  The blog post says I must upgrade my current account.  Upgrade to what?  I already have a business account and I don't see any button or link that says "upgrade".  Can you be more specific about what I need to do and how to do it?

I'd be interested in how others have solved an upcoming and growing dilemma.  How do you handle a deposit (or Hold)?  Using these non-traditional gateways means we do not get the cc info to do a hold.  Or we burden the guest with an added step or submitted more than one real payment method in the process.  Have most moved away from deposit holds? Moved to an actual deposit and refund? or none?

What about security deposits? Can PayPal do these? If we disconnect stripe?

Some additional points of clarification:

What the "upgrade" langage means

The "upgrade" language simply means to upgrade the connection, not the PayPal account itself.  You can use the same PayPal account you already connected with before. You only need to re-connect it.  Nothing different is needed on the PayPal side.

Using your existing credit card processor side by side with PayPal

To repeat what Bri said - your existing other credit card processor (Stripe, Lynnbrook, Authorize.Net) will continue to work side by side with PayPal and will be the top preferred option, if you have both.  PayPal and Venmo will work beside it, and the internal PayPal credit card fields will not be an option if you have your own. So no worries on that.

Security deposits (RDD and holds)

Yes, these both work with the new PayPal. It was one of the final pieces of work we did in recent weeks to be able to release this. There are new guest forms for taking payments and security deposits/holds that are both out and working.  So you are good to go on that end.  If you have a standalone credit card option, it will offer that as an option as well, or just use the CC one for cards that are already on file, just like before.

I have Stripe for payment processing. So should I connect Paypal thru Stripe or thru OR or both?

I have Stripe for payment processing. So should I connect Paypal thru Stripe or thru OR or both?

Connect PayPal directly to OR, not through Stripe. Then, OR will use both payment methods side by side but prefer the Stripe one for CC stuff.