PayPal
Many first-time businesses prefer to obtain a merchant account through PayPal, who offers a "no set-up fee" method of accepting major credit cards. PayPal is an online payment processing company; you may hear it referred to as “third party payment process". Their system is very easy to use and is more affordable for a company with fewer transactions. They also have an intricate tracking system, protecting both you and your clients.
PayPal's fees are calculated per transaction and are relative to the previous month's sales volume. The costs range from 2.4% + $0.30 to 1.1% + $0.30 per transaction. TitanExs does not apply any transaction fees on top of PayPals!
Please be aware that PayPal requires customers to register (free of charge) to their services before payments are sent. As PayPal acts as an intermediary between the consumer and merchant, money must be transferred into PayPal and then from PayPal into your account. This transaction is free, and smaller companies with fewer transactions appreciate this secure mediator.
Click Here to see a demo of the PayPal Process
Click here to sign-up to PayPal
|