Does PayPal credit card processing require a payPal business account?

[nelsonm]

Hi all,

I'm looking into offering credit card processing for my customers.

I have a PayPal personal account, so i set up a payment page on my website with a "Pay Now" button. But, i seems very limited. The customer can't enter quantities and they can't pay by credit card without creating a PayPal account.

No where does it say on PayPal's site that you have to create or upgrade to a business account before you can slap a "Buy Now" button your website. I suspect that i have to upgrade to a business account before i get the features PayPal says i'm getting when using there - "Website Payment Standard" or "Standard Merchant account" - I think they both mean the same thing.

Am i correct in that i need to upgrade to or add a standard business account?

 

[Benchtech]

Hi all,

I'm looking into offering credit card processing for my customers.

I have a PayPal personal account, so i set up a payment page on my website with a "Pay Now" button. But, i seems very limited. The customer can't enter quantities and they can't pay by credit card without creating a PayPal account.

No where does it say on PayPal's site that you have to create or upgrade to a business account before you can slap a "Buy Now" button your website. I suspect that i have to upgrade to a business account before i get the features PayPal says i'm getting when using there - "Website Payment Standard" or "Standard Merchant account" - I think they both mean the same thing.

Am i correct in that i need to upgrade to or add a standard business account?

I believe you just need a premier account or better....at least thats what I needed when I signed up for their Virtual Terminal service.

 

[MrUnknown]

a personal account can not accept credit cards. Upgrading will cause your account to start having PayPal fees on every transaction you receive.

Website Payments is a "Buy Now" button. you do not need a merchant account unless you want to enter your customer's credit card numbers yourself.

 

[nelsonm]

For as slick and nicely laid out as their sit is... They do seem to leave out some key information!

No where does it say you have to have a premiere or business account. And while their is no monthly fee, monthly minimum, setup charge, or cancellation charge for using the Website Payments Standard...

1. Is their a monthly fee for upgrading to a premiere or business account?

2. I find it irritating that if you decide to downgrade your account, you can never upgrade again - You'll have to find another CC processor.

 

[Knightsman]

In my opinion go with a better company like chase or a bank. You will get better rates than their $30 per month 2.5% (or other high percent) rate.

I gave up on them a long time ago and use Squareup on my Droid to accept credit cards. its kind of a high transaction fee, but they dont charge you monthly or yearly fees, so its still cheaper.

 

[Snazzy PC Repairs]

Is their a monthly fee for upgrading to a premiere or business account? - No. I used to have a premier account and recently upgraded to a business account. There is no monthly fee involved. However, if you have a premier account or a business account, you will be charged a transaction fee on EVERY amount of money you receive, regardless of whether that was a credit card transaction or came from the customer's PayPal funds.

But I agree with you, when I was looking at this myself, their website did not explicitly state details of the no monthly fee situation.

 

[vdub12]

I gave up on them a long time ago and use Squareup on my Droid to accept credit cards. its kind of a high transaction fee, but they dont charge you monthly or yearly fees, so its still cheaper.

I agree Square is the way to go. I personally don't think there transaction fee is that bad. Its less then paypal was for me. It was a win win for me. Lower transaction fee, lower percentage, and a card reader for my iPhone. I wasn't using VT though I was just using paypal though a browser.

Also every time I pull out my card reader customers are impressed. It makes you look quite professional.

 

[score444]

I just did a website for a credit card processing company. I would try giving them a call. www.cocardsystemsny.com They are able to integrate everything for you and from what I know have the best rates in the industry. Give them a shot.. they are great guys and you have nothing to lose by calling them.

 

[Frank]

I use Intuit GoPayment.

http://payments.intuit.com/products/basic-payment-solutions/mobile-credit-card-processing.jsp