No, your club immediately receives full payment directly from PayPal whenever a member pays for anything. We do not receive any portion of any payment from your members.
We set up an incredible storefront and a powerful bookkeeping backend, but all payment processing is passed over to PayPal, one of the biggest and most trusted credit card and e-check payment processors in the world.
This also means your website/payment portal does not store any of the financial information for your members.