Discogs is pleased to announce a new PayPal payments solution that makes it easier to sell music online, allowing you more time to connect with the biggest audience of music buyers worldwide. Whether selling on Discogs is your hobby or your business, this integration makes it simpler and more convenient.
How the New PayPal Payments Solution Works
No more monthly invoices
Fees and taxes (like United States sales tax, United Kingdom and European VAT, Australian and New Zealand GST, etc.) are deducted and submitted automatically when the buyer pays for their order. Absolutely 100% of the money that goes into your account is yours to keep.
Money in your pocket faster
Early testing of the PayPal payments solution has shown that orders are paid around 3.5 times faster than when using the classic Discogs checkout. As soon as the buyer places an order, they’ll be presented with all available payment options, many of which do not require the buyer to have a PayPal account. Payment methods include PayPal, credit or debit card, and for buyers in some countries, localized payment methods like Sofort (Germany, Austria, Italy, Belgium, The Netherlands, Spain, UK (GB only)), iDeal (The Netherlands), and Mercado Pago (Brazil, Mexico).
Benefit from confident buyers
Whether it’s the buyer’s one-thousandth order or their first, getting their new record through the checkout is smoother and more intuitive, with fewer steps. In a year that brought more buyers online for the first time, security and trust are paramount and PayPal is a recognized and trusted payment provider. Buyers are often more willing to make payment with PayPal even in newer situations, such as with an unfamiliar seller, across borders, or their first time on Discogs.
List and sell in your local currency
We anticipate this new payment feature will better meet the needs of sellers globally and remove the costs of currency conversion for many sellers outside the US who have been paying Discogs sales fees in US dollars. Besides USD, additional Discogs supported currencies include:
- British Pound Sterling
- Canadian dollars
- Australian dollars
- New Zealand dollars
- Japanese yen
- Swiss francs
- Brazilian real
- Mexican pesos
- Swedish krona
For most sellers, this means it will be easier to see and understand your fees at a glance because estimated fees displayed in your inventory will be presented in your local currency.
Onboard in minutes
Go to your Discogs Labs page where you will check the box next to PayPal Payments. Complete the setup in the Payment Information section of your Seller Settings by entering the email address associated with your PayPal account and clicking Connect to PayPal.
Onboarding the new PayPal payments solution doesn’t require changes to your existing PayPal account. Get paid in less time with a fraction of the effort, and enable your buyers to check out with greater confidence and flexible payment options.
For more details and answers to any questions you may have, please refer to our FAQ. We’ll be regularly updating the FAQ as new questions arise.