How to join PayPal - Overseas business operator: Business/Corporation/Non business (Individual)

As you might have known, PAYPAL is widely used in western countries, and is one of the most commonly used payment services in the world. Use your PAYPAL Business ID to connect to b.stage.

You may accept payments through PAYMENT immediately after connecting b.stage without separate review.

Application Method

• Payment can be made immediately after PayPal is linked with b.stage without separate screening. However, please note that PayPal may arbitrarily conduct a review later, and payment will not be possible if the review criteria are not met.

Service Application Process

STEP1 : 

• Fill out all information in [SETTINGS > Basic Information].
• Carefully check and complete the contents of [SETTINGS > Terms and Conditions], including Sales Operation Policy.
• Enter the business information in [SETTINGS > Design Settings > Footer].
• Among the Terms and Conditions of [SETTINGS > Design Settings > Footer], [Terms and Conditions], [Privacy Policy] and [Youth Protection Policy] must be completed.

STEP2 :

• Please create an account by selecting [Receive payments with PayPal] - Link.
• After the creation, please set the following settings from the PayPal website to receive payments:
•  
• After registering, please set the following settings from the PayPal website to receive payments.
• Credit card registration
• Add a currency
  

STEP3:

• Go to [SETTINGS > Shop Settings] and click the [Next] button below, "I already signed the contract."
• Set the SHOP name that will be shown to your fans and click the [Next] button.
• Select the PG company that you have a contract with. Please fill out the required fields in both Digital and Physical section.
  • Enter the [Payment method] (ex. PayPal) for one-time and recurring payments.
  • Click [PayPal Account Settings] and complete PayPal login verification. If you do not verify your PayPal email address, you will not be able to sell products using PayPal as a payment method.
  • Currencies cannot be changed once the SHOP is open. Therefore, those who intend to proceed with global sales should select both KRW and USD.
• After setting up the exchange rate, click the [Next] button.

• Select the PG company that you have a contract with. Please fill out the required fields in both Digital and Physical section.
  • Enter the [Payment method] (ex. Credit card) for one-time and recurring payments.
  • Currencies cannot be changed once the SHOP is open. Therefore, those who intend to proceed with global sales should select both KRW and USD.
  • Enter the MID and Secret Key that you received from Eximbay.
    • If you enter the incorrect value, there will be issues during settlement, hence, please make sure to enter the correct value.
• After setting up the exchange rate, click the [Next] button.
• Select whether to use points and fill out the required fields.
  • You may change the name of the points, units and basic earnings rate later, however, you will not be able to change the points expiration period. 
• You can set items that require customers' consent at the time of payment. That is, when the customer attempts to pay in the future, they cannot proceed to payment unless they agree to these Terms and Conditions.
• When all settings are complete, click [Request a review].

STEP4:

• b.stage will conduct an internal review. This might take up to 5 business days.
• When b.stage finishes the review, the approval details will be sent to the email address of the admin account who requested it.

STEP5:

• Go to [SETTINGS > Shop Settings] and following the steps below:
  • Change the SHOP to "Public".
  • Check the "Terms and conditions of payment service" and edit it according to your operational policy.

STEP6: 

• Completed.

PayPal Fee Information

[General Businesses and Corporations]

• Cancellation Fee: USD 0.30 will not be returned to the seller upon cancellation.

Precautions for PG Registration

• PayPal is an online virtual account system and payments will be accumulated as a balance in your PayPal account. Therefore, when you request a withdrawal, the payments will be sent to your bank account.
• If the approval is denied during the screening, your settlement may be deferred. Please contact PayPal directly.
• There might be cases where the complaint is reported, and a refund is requested through PayPal. PayPal will suspend the payment for the related purchase, and you must submit the relevant documents as an evidence.
  • If there is not enough data or if you do not submit support documents, the refund will automatically be processed to the customer, so it is highly recommended that you manage your account every 1-2 weeks.

• If you remove PayPal permissions, payments and cancellations will not be be processed.
• If you remove permissions after connecting 2 or more b.stages, payments will be prohibited for all b.stages and PayPal payment method will appear as "Not Available".
• If you change your PayPal Business ID, previous subscriptions will be billed to your old Business ID and new payments will be billed to your new ID, respectively.
• Please note that revoking or deleting the permissions of Business ID may cause damage to the customer as previous payments history may not be viewed or canceled normally.

Industries where credit cards are not accepted

• • • Adult content and services
      • Adult pornography (Adult comics, etc.), Adult websites (Adult content), Adult entertainment recruitment, lottery number generation services, matchmaking (Relationship consultations) and in-person meeting services
    • Adult products
      • Excluding condoms, pheromone perfume, gels
      • Adult lingerie, Alcoholic drinks excluding traditional liquor, Cigarettes, Electronic cigarettes including liquids and supplies
    • Gambling and fortune-telling services, etc.
      • Speculative games, game items, chats, auctions, bidding, horse racing, cycle racing, and other gambling-related services, talisman/divination/naming, horoscope, fortune-telling (KRW 500,000 won or more). Charging (more than KRW 100,000 won) 
    • Hazardous items
      • Toy guns (Review can only be conducted if information that only KC-certified toys are being sold on the website), guns, swords, weapons excluding toys, industries that require trade restrictions according to social norms (drugs, etc.), military uniforms and military equipment (military supplies)
    • Financial products, gift certificates, etc.
      • Loan consultations, lottery tickets, prepaid cards (including USIM), Bitcoins, cryptocurrency related products, cyber money, gift certificates, point cards, phone cards (including USIM), discount cards, mobile phone subscription services, insurance with recurring payments, stock information provision, investment (funding), condominium memberships, coupons (social), funding, Herbalife, offering/donations/religious donations, multi-level marketing, membership fees, alumni fees, participation fees (KRW 500,000 or more)
    • Expensive goods
      • Jewelry, antiques, artworks (KRW 2 million won or more), pure gold/silver, gold bars, diamonds, watches (KRW 10 million won or more), and others (KRW 5 million won or more), second-hand cars, motorcycles
    • Others
      • Prescription glasses, contact lenses, rice grains (rice, etc.), items with a high potential for civil complaints, adoption and sale of living animals (KRW 10,000 won or more) and information provision, credit card terminals, internet shopping sales, e-passport procedures (ESTA), etc.

PayPal Customer Service

• PayPal Customer Service
  • When contacting PayPal, please notify them that the partner company is "b.stage".