PayPal is a financial service company that provides online payment solutions to its users worldwide. PayPal is the faster, safer way to send and receive money or make an online payment.
At a high level, it’s the process of matching customer orders and refunds to a payment, and ultimately to a payout in the bank account. This ensures that the data used to book key financial metrics can be accurately traced to a cash conclusion.
Use Blue Onion with PayPal to eliminate the manual and repetitive process of matching each order to a payout and booking payment processor fees.
Blue Onion connects to a company’s order system, PayPal account, and bank account. The software algorithmically traces and matches each order to a payment and ultimately to a payout in the bank account.
Blue Onion matches each order to a payment in PayPal and to a payout in the bank account. The software creates an audit trail from point of sale through to the bank account, including payment processing fees, refunds, and chargebacks.
Blue Onion offers connections with popular order systems, other payment processors, return and gift card services, and accounting systems.