PayPal Is The Way To Go

Pay Pal is an excellent money transfer system that you can embed in your website or use for customer payment for your online services. It is easy to use and set up and they even have a merchant account package that you can integrate into your web host. There are three types of accounts that are listed below that you can sign up for. Personal: For your personal shopping use. You cannot accept debit or credit card payments, but sending and receiving money is free. Premier: For buying and selling under your name. You can send payments for free, with low fees for accepting money. Business: This is perfect for your online business. Add your name to be included on your customer's credit card statements. Sending money is free, but you are charged small fees to accept payments. There are no set up fees and the fee you pay PayPal when accepting cash is based on your sales volume for the month. Standard Rate: $0 to $3,000 - pay 2.9% and .30 per transaction Merchant Rate: $3,000 to $10,000 - 2.5% and .30 per transaction $100,000 and up - 1.9% and .30 per transaction. To apply for the merchant rate, you must have a month of sales that meet the ranges above and fill out a short application for approval. The business account package is still the best without getting into all kinds of e-commerce fees and charges. It’s the most efficient package that you can ever use to transfer and receive money from business transactions and you always have access to business statements. Paypal is the e-commerce standard for small businesses and has carve a niche as a dependable end user type of company that handles business as well as personal transactions. Try it out by going to www.paypal.com .