Accepting Payments Through PayPal - Reasons & Options

Time:2010-02-28 14:37:15 Source:Ezinearticles Author:Pasit Kapilakan

Any website requiring financial transactions online needs a simple and trustworthy payment system. PayPal is one of the most popular and time-tested payment-processing provider online.

Here are a few reasons why you should select PayPal over others.

For merchants, the startup and regular fee is very low. There is no extra fee for using the basic package. Moreover, fee is deducted from incoming payments.

Payments can be accepted from other PayPal accounts as well as through credit cards and e-checks.

Payments are acceptable from non-members also.

PayPal payment option is easy to install on a website. There are single item and shopping cart option.

PayPal is a secure payment system.

As a website owner, you may be selling products or services. Otherwise, you may be operating a content-based website requiring acceptance of donations. In either case, you should know the options for accepting payments online through PayPal.

Here are a few payment acceptance options.

Email Payment: This is done through email. No startup or monthly fee is charged for this. However, a small fee is levied for each transaction.

Website Payment Standard: This option lets you receive payments from PayPal, bank transfer and credit card payments straight from your site. This option also has the added feature of shopping cart. No startup and monthly fee for the basic package. Payments through fax, phone and mail order invites monthly fees.

Website Payment Pro: This option allows users to pay directly on the site instead of going though the PayPal site. This has monthly fees.

There are three types of PayPal accounts. They are personal, premiere and business accounts. As a merchant, you need to have premiere or business accounts to accept payment online.

Premiere Account: Payments can be accepted only in your name. Transaction fee is levied for each incoming payment.

Paisit Kapilakan is the owner of IT Graphix, an affordable web design company located in Koh Samui, Thailand. The company specializes in web design, logo design, brochure design and all sort of multimedia. You can learn more about IT Graphix professional design services by visiting http://www.itgraphix.com or call +66 77 230 800.

Article Source: http://EzineArticles.com/?expert=Pasit_Kapilakan

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