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Payment Processing General Discussions on various payment methods used on the internet such as credit cards, PayPal, etc.

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Old 04-01-2007, 08:08 AM
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Default Only one payment method is not good

Users may not like to credit card info on just about any website .For those customers who have PayPal accounts and do not desire to place their information on another Internet website, you may offer that as an option as well. It is no more expensive to accept an online credit card payment through PayPal than it is to accept it through your merchant account – in fact, it may be cheaper. This service allows your customers to not only pay for purchases with a credit card, but they can also use a debit card or e-check to pay for their purchases, thus expanding the opportunities for your customer if you do not already offer these options through your own merchant account processing company. Remember, the key to a successful e-Commerce website is doing whatever it takes to assure that your visitors return.
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Old 09-16-2008, 10:58 AM
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Originally Posted by mini_0 View Post
Users may not like to credit card info on just about any website .For those customers who have PayPal accounts and do not desire to place their information on another Internet website, you may offer that as an option as well. It is no more expensive to accept an online credit card payment through PayPal than it is to accept it through your merchant account – in fact, it may be cheaper. This service allows your customers to not only pay for purchases with a credit card, but they can also use a debit card or e-check to pay for their purchases, thus expanding the opportunities for your customer if you do not already offer these options through your own merchant account processing company. Remember, the key to a successful e-Commerce website is doing whatever it takes to assure that your visitors return.

Accually, Paypal is usually much more expensive than getting a merchant account. Depending on who sets-up the account, how large your order is, and your liability risk to visa, you should be paying about half of what paypal charges. 3% with a Merchant account vs 6% with Paypal.

The amount difference could be costing you $1000s a year or more!

Take the time to investigate merchant accounts and 3rd party processors.

We can help...
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Old 03-02-2009, 09:41 AM
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Each processor has different merchants they are able to accept and different pricing for each. It's all based on your risk of business.
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