A PayPal invoice is a commercial document that a merchant sends to a customer to request payment for goods or services rendered. It is a legal document that provides proof of sale and includes information such as the total amount due, payment terms, and other relevant information. PayPal invoicing is a service offered by PayPal that allows businesses to send customized invoices directly to their clients email inboxes, giving them the option to make a payment using their bank account, credit card, or PayPal balance.

To create a PayPal invoice, businesses can use the PayPal Business app, web-based software, or APIs available through order management systems or third-party e-commerce platform providers. PayPal invoicing costs a percentage of transactions, which is only taken from the account after receiving payment.

Invoices are important for businesses as they serve as a record of the transaction and help manage cash flow, forecast revenue, and reduce late payments. PayPal invoicing offers customizable templates and easy-to-use tools for creating invoices and estimates, which can be previewed and sent immediately or scheduled for later.

In summary, a PayPal invoice is a commercial document that a merchant sends to a customer to request payment for goods or services rendered. PayPal invoicing is a service offered by PayPal that allows businesses to send customized invoices directly to their clients email inboxes, giving them the option to make a payment using their bank account, credit card, or PayPal balance. Invoices are important for businesses as they serve as a record of the transaction and help manage cash flow, forecast revenue, and reduce late payments. PayPal invoicing offers customizable templates and easy-to-use tools for creating invoices and estimates.