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8 Replies Last post: Mar 10, 2008 8:15 PM by creditguy

Using Paypal to accept credit cards- can I do that?

Feb 5, 2008 12:35 AM

mccoyphotos 3 posts since
Feb 5, 2008

We own a photography business and primarily our clients are paying for a service rather than a tangible product. For example, they are paying for a "package" that may include our services and some products that we design such as albums. I looked on the paypal website and it looks appealing to someone who is getting their feet wet on the merchant services side of the business but I cant tell if this is just for businesses that operate on E-bay or selling products verses services. Does anyone know?
I want to get set up to accept credit cards but I dont want to be locked into a contract. HELP!
Thanks for the advice!
mikemccoyphotography- owner

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NatOnline 618 posts since
Oct 10, 2007

1. Re: Using Paypal to accept credit cards- can I do that? Feb 5, 2008 8:00 AM

Hello MC and welcome to this form.

If you've got a BoA business checking account, you should take a BoA merchant service to accept credit cards. They run the transactions fast and you don't have any contract like other banks.
Now if you want also a Paypal account for free, it is your choice, some people like them.

Good luck

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mccoyphotos 3 posts since
Feb 5, 2008

2. Re: Using Paypal to accept credit cards- can I do that? Feb 5, 2008 12:57 AM

in response to: NatOnline

We are going to BOA tomorrow to set up other bus. accts and merch serv was of interest but I am worried about having to sign a long contract.
As for paypal- there is no risk at all?
AND - I dont have to be an "E-bayer" to accept Paypal/Set up Paypal?
Thanks for you help!

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Michael 47 posts since
Jan 31, 2008

3. Re: Using Paypal to accept credit cards- can I do that? Feb 5, 2008 1:18 AM

in response to: mccoyphotos

I have used paypal for years and have had no issue at all. They do accept credit cards, and make it easy for you to add paypal shopping carts, buy now buttons, etc to your website. They also allow you to accept credit cards, and you can send an invoice for payment via email. You can apply for a debit card with paypal as well, so money that comes in can be easily accessible.

Paypal is my personal choice, and I would have to say I am satisfied.

Michael

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mccoyphotos 3 posts since
Feb 5, 2008

4. Re: Using Paypal to accept credit cards- can I do that? Feb 5, 2008 1:26 AM

in response to: Michael

Thanks Michael!
Sounds like this is a good option for us to get started with.
My only concern is on the demo that paypal has on their website, they show one of the screens as "shipping" for the customer. We usually will not be shipping any products directly from the website. I was just wondering if this is a problem.

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Michael 47 posts since
Jan 31, 2008

5. Re: Using Paypal to accept credit cards- can I do that? Feb 5, 2008 1:49 AM

in response to: mccoyphotos

No this is not a problem.

You will have an option to leave the shipping and handling out of any invoice or button.

I can help you with adding the code that Paypal generates for shopping carts and buttons to your website.

To send an email invoice you do not need understand any type of code, its as easy as 1-2-3.

Take a look at my profile for contact information.

Thank you.

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NatOnline 618 posts since
Oct 10, 2007

6. Re: Using Paypal to accept credit cards- can I do that? Feb 5, 2008 10:44 AM

in response to: mccoyphotos

No contract with BoA merchant services.

You don't need to be eBayer to get Paypal. I used Paypal for more than 2 years with my e-commerce, and generated more customers with both, merchant acc and Paypal.

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websolutions 165 posts since
Feb 4, 2008

7. Re: Using Paypal to accept credit cards- can I do that? Feb 5, 2008 12:53 PM

Yes, Paypal is the easiest way to incorporate an eshopping cart on your website. Depending on how often Paypal changes their rates/terms and the state you reside in, you can expect to pay anywhere from 2 % to 4% in fees from the total dollar amount posted in your account. Keep in mind that the fee is automatically deducted from each sale.

Creating a paypal "buy now" or "add to cart" is very easy and one should visit the following link: https://www.paypal.com/us/cgi-bin/webscr?cmd=p/xcl/web-accept-to-sc-button-outside before they move forward with it.

If you need help or have specific to your business questions, let me know, I have solid experience in this section.

Best,

Mike

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creditguy 14 posts since
Mar 10, 2008

8. Re: Using Paypal to accept credit cards- can I do that? Mar 10, 2008 8:15 PM

I accept Paypal exclusively on business cash flow in the seven figures.

Not only do they provide a good deal on merchant service with no contract, but once we got going with them, I stopped accepting all other forms of payment from new customers.

We do all business online. We found that using paypal kept us out of arguments regarding stolen credit cards and identities, because Paypal handles all of that for us. When you take paypal, you don't take any credit card information from the customer. This gets you off the hook when something goes wrong. We consider Paypal to be an entire department, not a just merchant account.

Other reasons I like them:

Completely online interface
Instant client refunds
More users than there are people filing tax returns
Instant credit to account
reduced fees when paid from clients who already have the funds on deposit with paypal
high interest paid on float by Smith Barney
MC access to float, with 1% rebate on card usage

I could go on. In my opinion, they completely eclipse traditional merchant accounts.

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This Question is Possibly Answered

Using Paypal to accept credit cards- can I do that?

Feb 5, 2008 12:35 AM

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