Paypal
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Would the purpose be so you can take payments through your website or just because it's an easy solution?
I use them for my web business and I've run into a few problems along the way. They are really quick to pull money out of your account even if your in the right.
Also, when a lot of people see the PayPal logo they think they need a PayPal account... which is not the case to take Credit Cards.
I still use them but they do have some problems.
I use them for my web business and I've run into a few problems along the way. They are really quick to pull money out of your account even if your in the right.
Also, when a lot of people see the PayPal logo they think they need a PayPal account... which is not the case to take Credit Cards.
I still use them but they do have some problems.
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152 Posts
I use PayPal when a customer absolutely insists on using a credit card...but I don't make first mention of it or promote it.
I used to have a merchant account but got tired of paying monthly fees just to maintain the account (which I seldom used).
Related to what Nathan said, I make sure to tell them they don't have to be a member or join to pay...that part can cause a little confusion.
I used to have a merchant account but got tired of paying monthly fees just to maintain the account (which I seldom used).
Related to what Nathan said, I make sure to tell them they don't have to be a member or join to pay...that part can cause a little confusion.
I was thinking of using them for an option for customers on re-paints. I would be able to explain to them how it works so there was no fear factor. I once had a credit card contract years ago and it was a nightmare. It seems like the commission percentage is reasonable and I could even pass that charge to the customer for the convenience.
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152 Posts
Can't do that, according to the terms of most merchant accounts.
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344 Posts
another option with paypal is the customer can use the "send money". Provide the customer with a email account and the can send you the mail without adding to website..or even if you do not have a website.
Do you guys ad the % charge back in if customer wants to use credit card.
for example 2.9 of $500.00 is just under $15.00 the processor company can charge.
Do you guys ad the % charge back in if customer wants to use credit card.
for example 2.9 of $500.00 is just under $15.00 the processor company can charge.
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5,097 Posts
House, you cannot do that.. or lets be realistic.. you shouldn't. Many customers know this and if they alert PayPal or your merchant gateway they can shut down your account.
I love PayPal Pro. You don't even have to let customers know about PayPal. All they need to know is you accept credit cards. Other advnatages:
• I get 1% cashback on purchases with PayPal Debit card. During my season that is like a free $300-$400 per month.
• I get 4.5% on my balance through Paypal's money market. I leave a good amount in there. Offsets (not totally of course) my CC fees.
• The gateway is seemless on my website. Customers don't have to leave my e-commerce check out
• I can collect cards in the field via virtual terminal
I love PayPal Pro. You don't even have to let customers know about PayPal. All they need to know is you accept credit cards. Other advnatages:
• I get 1% cashback on purchases with PayPal Debit card. During my season that is like a free $300-$400 per month.
• I get 4.5% on my balance through Paypal's money market. I leave a good amount in there. Offsets (not totally of course) my CC fees.
• The gateway is seemless on my website. Customers don't have to leave my e-commerce check out
• I can collect cards in the field via virtual terminal
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