Want to ask people, who use PayPal for receiving royalty payment how it actually works.
I have decided to switch from Webmoney (unfortunately it didn't worked) to PayPal. But I want to set up a working mechanism of receiving payments and be sure that it will work. I have several questions, maybe you can help me with them:
- What details of paypal account should I add in the field "PayPal address" of payment agreement to be able to receive payment? Definitely only email address is not enough - so what then? Should I add in the payment agreement the merchant ID, email, address etc.?
- How the procedure of payment actually works? Do the administration of site contact you when the 20th of monts comes? Do you need to send them invoice?