PayPal invoice

PayPal Invoice helps businesses create, send, and manage professional online invoices securely.

PayPal invoice Overview

PayPal Invoice is an online invoicing solution that allows businesses to create, send, and manage professional invoices with ease. It enables secure payment processing through PayPal, giving customers convenient options to pay via credit cards, debit cards, or PayPal accounts.

The platform also provides tracking tools, reminders, and record-keeping features, which help streamline billing processes and improve cash flow management for businesses of all sizes.

Key Features

  • Customizable Invoice Templates : Create professional invoices with your logo, business details, and personalized messages.
  • Multiple Payment Options : Accept payments through PayPal, credit cards, debit cards, and PayPal Pay Later.
  • Invoice Tracking : Monitor when an invoice is viewed and paid, which helps with follow-up.
  • Automatic Reminders : Send payment reminders to customers to reduce late payments.
  • Recurring Billing : Set up invoices to be sent automatically for repeat customers or ongoing projects.
  • Multi-Currency Support : Bill clients in their preferred currency for international transactions.
  • Mobile-Friendly Access : Create and send invoices from any device using the PayPal app or web browser.
  • No Monthly Fees : Pay only a small fee when you receive a payment, and there are no setup costs.

Price

Plan / Feature Price / Fee Key Inclusions
Invoicing (PayPal & Venmo) 3.49 % + $0.49 per paid invoice Send invoices; pay processing triggered upon payment
Invoicing (Pay Later) 4.99 % + $0.49 per paid invoice Supports installment payments via Pay Later
Invoicing (Cards & Apple Pay) 2.99 % + $0.49 per paid invoice Mobile-friendly options with card and Apple Pay support
General Access $0 setup / $0 monthly Invoice creation and management included with a PayPal business account

Pricing link: https://www.paypal.com/us/business/accept-payments/invoice

Pros

Competitor Pros of PayPal Invoice
Zoho Invoice PayPal Invoice is simpler to set up and you do not pay a subscription fee. It works seamlessly inside a PayPal business account and lets you send invoices instantly without extra software.
Wave PayPal Invoice does not lock out features behind tiers. You just pay when customers pay you. It handles online payments directly and tracks payments securely.
FreshBooks PayPal Invoice costs nothing upfront. You can create and send invoices quickly inside your PayPal account. There is no learning curve if you already use PayPal.
Square Invoices PayPal Invoice gives you trusted payment handling and works across devices. You don’t need to learn a new system if you use PayPal already.

Cons

Competitor Cons of PayPal Invoice
Zoho Invoice PayPal Invoice lacks advanced billing tools like recurring invoicing, client portals, or deep reporting. You cannot customize your templates as much.
Wave PayPal Invoice charges per transaction whereas Wave’s base invoicing can be completely free. That adds cost over time if you bill frequently.
FreshBooks PayPal Invoice does not include time tracking, expense reports, or accounting workflows that FreshBooks offers in one package.
Square Invoices PayPal Invoice does not integrate hardware sales or point-of-sale workflows as Square does within its ecosystem.

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