SAN DIEGO, CA, July 19, 2012 (Press-News.org) The first step in accepting payments for an online business is deciding on how those payments will be accepted. The basic discussion comes down to PayPal versus a merchant account.
The PayPal website offers an easy solution to processing credit cards online through a secure method, easy setup, and no monthly charges. What the website does not tell you is that advertisements for a "PayPal Merchant account" are false. The gateway PayPal uses allows customers to deposit money into a PayPal account that is linked to your business. Merchant accounts differ fundamentally in this process of depositing money; any purchase is placed directly into a business' bank account.
Merchant accounts have the added bonus of customer service. When PayPal loses a payment or freezes your account on the suspicion of illegal activity, there is no person you can call to clear things up or help you accept payments in the meantime. On the contrary, merchant accounts offer customer service that is available when you have questions or something goes wrong.
Where your money is placed and customer service are just pieces of the puzzle. The big picture includes the processing volume and number of transactions. Michael Lawson from the website CreditCardProcessingAdvice.com, suggests that businesses processing of $250 a month in credit card transactions will save money by processing costs using a merchant account rather than PayPal.
While processing costs may be cheaper with a merchant account businesses bringing in a low processing volume should consider PayPal as a viable option. Customer service costs bring up merchant account overall fees. PayPal runs the risk of losing a payment and having no one to consult; however, if you are not bringing in a lot this risk can be smaller on the grand scale.
Since you own your business design and flexibility may be important to you. This is another area where PayPal falls behind merchant accounts for some business owners. Lawson brings up in his analysis of PayPal and merchants accounts that: "Simple to set up and limited qualifications make PayPal an easy option, but this ease of use also brings with it a feeling of a website that may be run by anyone and not the established professional business you likely wish for your customers to think of, when they visit your website." Merchant accounts offer more capabilities on your website and the potential to expand your base of sales with mobile devices or store locations.
Deciding between PayPal and a merchant account can be difficult when you do not know how far your online business will take you. Lawson offers credible advice, saying: "If you are just getting started and will be running a very low volume business online, PayPal is a great option. For those business owners looking to run a successful small business online, I strongly recommend that you find a merchant account provider that is willing to work with you to customize the right merchant account to best fit your business."
Media Contact Info
James Brady
CreditCardProcessingAdvice.com
6197862823
http://creditcardprocessingadvice.com/
jmbrady@creditcardprocessungadvice.com
SOURCE
Creditcardprocessingadvice.com
Paypal.com
CreditCardProcessingAdvice.com is the leading resource website for merchants looking to learn more about the credit card processing industry. In addition to intrusctional articles and a merchant service provider directory, CreditCardProcessingAdvice.com also offers independant reviews on the top credit card processors in the industry.
CreditCardProcessingAdvice.com Shows How Small Businesses Can Decide Between PayPal or a Merchant Account?
Understanding the differences between PayPal and traditional merchant accounts is shown by CreditCardProcessingAdvice.com to enable educated decisions that help your business succeed.
2012-07-19
ELSE PRESS RELEASES FROM THIS DATE:
Disk Troubles? WindowSMART 2012 Lets You Know - NOW!
2012-07-19
Disk Troubles? WindowSMART 2012 Lets You Know - NOW!
Dojo North Software has released version 2.2.6.20 of WindowSMART 2012, a hard disk and solid state disk health monitoring, reporting and alerting utility for Windows. WindowSMART 2012 monitors the self-monitoring analysis and reporting technology (SMART) attributes in hard disks and solid state disks, and promptly generates alert notifications when unhealthy disk conditions are detected. Users can choose to be notified by email and, if they have an Android or Apple phone or tablet, be notified NOW via Notify My Android ...
Tax Defense Network Explains How to Resolve Business Tax Debt
2012-07-19
Tax Defense Network understands that business tax debt can be an especially difficult pain for employers because apart from managing their own taxes, employers also need to pay the taxes of their employees. Tax Defense Network resolves business tax debt by working on behalf of companies to reach the best possible resolution.
Tax Defense Network explains that there are four kinds of taxes that every business, large or small, is legally required to pay to the IRS:
1. Income Tax - Employers must pay tax on the income of the company. This is done throughout the year, as ...
Cactus Technologies Limited -- Wide Offering of Commercial Grade and Industrial Grade CompactFlash Cards
2012-07-19
Cactus Technologies Limited offers wide array of CompactFlash cards from Commercial Grade for cost conscious OEMs to several versions of Industrial Grade for OEMs with high endurance, locked BOM and mission critical applications.
210 Series Commercial Grade CompactFlash: Capacities from 2GB to 64GB based on MLC NAND. Good reliability for many OEM applications with 100K Endurance Cycles, 3000G Shock, 30G Vibration and 200K Hour MTBF.
203 Series Industrial Grade CompactFlash: Capacities from 32MB to 8GB based on SLC NAND. For Industrial Applications requiring lower ...
Free Webinar on Stalking Public Figures and Executives and How to Reduce Its Influence in the Workplace
2012-07-19
ePanic Button is hosting a free webinar, "Stalking Public Figures and Executives and How to Reduce Its Influence in the Workplace," on August 8, 2012 at 3:00 p.m. EST. The speaker is Tammy Schroppel, owner of Janus Investigative Solutions.
Attendees register for the webinar here: http://epanicbutton.com/free-webinar-stalking-of-public-figures-and-executives-and-how-to-minimize-its-influence-over-the-workplace/
Robert Bardo. Arthur Jackson. Mark Chapman. John Hinckley. All are stalkers who targeted well-known public figures and celebrities. Chances are that ...
Ronco Safety Solutions for the Healthcare Industry
2012-07-19
Concord, July 17, 2012: Established in 1996, Ronco specializes in the manufacturing of disposable and examination gloves and is one of the leading companies in the safety products industry of Canada.
Having established a solid reputation in the food industry, Ronco is now gaining ground in the healthcare industry of Canada. Offering a full portfolio of products that cater to safety needs of the healthcare industry, Ronco is a quality focused company with a mission to deliver customer satisfaction.
Innovation is one of the key cornerstones for Ronco and in line with ...
New Educational Pricing gives Schools and Researchers Fast, Easy, Secure - and Now More Affordable - Way to Share Files
2012-07-19
ownCloud Inc., the commercial entity behind the popular open source file sync and share project, today announced a special program to get colleges and universities, public and private primary and secondary schools as well as research institutes - sharing and synching data, quickly and cost effectively.
With more than 500,000 users world-wide, ownCloud offers the ease-of-use of Dropbox with more flexibility and security. ownCloud users can run their own file sync and share services on their own hardware and storage, use popular public hosting and storage offerings, or ...
NarrativePRO to Exhibit Narrative Writing Software at Three Regional EMS and EMT Conferences in July
2012-07-19
NarrativePRO will be displaying its narrative writing software at the Oklahoma, Tennessee and Missouri EMS conferences in July. NarrativePRO's representatives will be on hand to answer questions, demonstrate capabilities, and provide information about the software.
NarrativePRO will participate in the Oklahoma EMT Association's Annual Conference on July 11-13 at the Tulsa Renaissance Hotel and Convention Center; the Tennessee EMS Education Association's Conference on July 19-20 at the Embassy Suites in Nashville and the Missouri EMS Expo on July 31-Aug 2 at the Branson ...
Dr. Barbara Becker Holstein Releases New Women's Romance, Mystery Novel, 'Next Year in Jerusalem'
2012-07-19
Dr. Barbara Becker Holstein has released 'Next Year In Jerusalem: Romance, Mystery And Spiritual Awakenings Part I'. The new book is the first in the 'Jerusalem Trilogy'.
Dr. Holstein is a very successful author of adult psychology and children's books. The human spirit, with its capacity for survival, growth and joy, has always been a subject of interest for Dr. Holstein. Now, taking that magic of the human spirit to a new level, she has released her first novel for women. Combining her talents as a writer and a psychologist has resulted in a story filled with romance, ...
P.D. Roche joins BlogTalkRadio host Gwen Rich on "Wardrobe Wednesdays" July 18, 2012 at 2:00pm CST
2012-07-19
Creator and owner of UBU Makeup and Skincare, P. D. Roche will appear on BlogTalkRadio's show "Wardrobe Wednesdays" (http://blogtalkradio.com/imagebygwen) with host Gwen Rich on Wednesday, July 18, 2012, at 2:00pm CST. The exclusive interview will highlight P.D.'s successful career and her unique ability " To Have Radiant Skin for 33 cents".
Callers are welcome to join the conversation during the show by calling (347) 539-5826. The live, Internet talk-radio show will stream from the host page at http://blogtalkradio.com/imagebygwen.
This exclusive ...
Designer Drapery Hardware Expands Its Feature Collections Catalog
2012-07-19
The final decorating accent that can pull a room together can be found in the choice of draperies and drapery hardware. Understanding the need to offer a wide array of these accent choices has been the goal of Designer Drapery Hardware since its creation. They offer their customers only the "best of the best" in designer drapery hardware. By not limiting the choices to one specific designer, customers can shop among the featured collections of such leading designers as Kirsch, House Parts, Gould, Paris Texas, Dakota, Brentley and the Finial Company. With this ...
LAST 30 PRESS RELEASES:
Cercus electric stimulation enables cockroach with trajectory control and spatial cognition training
Day-long conference addresses difficult to diagnose lung disease
First-ever cardiogenic shock academy features simulation lab
Thirty-year mystery of dissonance in the “ringing” of black holes explained
Less intensive works best for agricultural soil
Arctic rivers project receives “national champion” designation from frontiers foundation
Computational biology paves the way for new ALS tests
Study offers new hope for babies born with opioid withdrawal syndrome
UT, Volkswagen Group of America celebrate research partnership
New Medicare program could dramatically improve affordability for cancer drugs – if patients enroll
Are ‘zombie’ skin cells harmful or helpful? The answer may be in their shapes
University of Cincinnati Cancer Center presents research at AACR 2025
Head and neck, breast, lung and survivorship studies headline Dana-Farber research at AACR Annual Meeting 2025
AACR: Researchers share promising results from MD Anderson clinical trials
New research explains why our waistlines expand in middle age
Advancements in muon detection: Taishan Antineutrino Observatory's innovative top veto tracker
Chips off the old block
Microvascular decompression combined with nerve combing for atypical trigeminal neuralgia
Cutting the complexity from digital carpentry
Lung immune cell type “quietly” controls inflammation in COVID-19
Fiscal impact of expanded Medicare coverage for GLP-1 receptor agonists to treat obesity
State and sociodemographic trends in US cigarette smoking with future projections
Young adults drive historic decline in smoking
NFCR congratulates Dr. Robert C. Bast, Jr. on receiving the AACR-Daniel D. Von Hoff Award for Outstanding Contributions to Education and Training in Cancer Research
Chimpanzee stem cells offer new insights into early embryonic development
This injected protein-like polymer helps tissues heal after a heart attack
FlexTech inaugural issue launches, pioneering interdisciplinary innovation in flexible technology
In Down syndrome mice, 40Hz light and sound improve cognition, neurogenesis, connectivity
Methyl eugenol: potential to inhibit oxidative stress, address related diseases, and its toxicological effects
A vascularized multilayer chip reveals shear stress-induced angiogenesis in diverse fluid conditions
[Press-News.org] CreditCardProcessingAdvice.com Shows How Small Businesses Can Decide Between PayPal or a Merchant Account?Understanding the differences between PayPal and traditional merchant accounts is shown by CreditCardProcessingAdvice.com to enable educated decisions that help your business succeed.