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I need to create a membership form with few membership levels, once filled need to take payment. Can Chronoforms link up with payment gateways such as PayPal or others?

it can, what we had in v7 is Mollie and Stripe

PayPal has not been integrated for a while, do you want to use PayPal paynow buttons ?

The problem is about receiving the payment update from PayPal, in order to save the order as "complete", this is complex and you better use an ecommerce solution for it