| 5:49 am on Feb 12, 2002 (gmt 0)|
PayPal is a different service you can use to collect payments.
| 5:55 am on Feb 12, 2002 (gmt 0)|
Who pays the fee?
How does it work?
What do I have to do to accept it?
| 6:03 am on Feb 12, 2002 (gmt 0)|
Visit the paypal website... they'll give you a much more complete explanation of their terms of service than we can ;)
| 7:03 am on Feb 12, 2002 (gmt 0)|
You pay a small percentage, which is deducted from the amount paid to you when you tranfer the funds to your bank account or have them mailed. Mailing costs $1.50 more, transfer to an account is much better and quicker too.
Do it, it works great and all the instructions are right at their site. It's worth the small amount they charge.
| 12:49 pm on Feb 13, 2002 (gmt 0)|
PayPal is great. I use it without hesitation. My hosting clients pay me through PayPal, all ebay sales are through PayPal, and I've even had a web design client pay me through PayPal.
The fee is so much less than IBill or even regular card processors.
They are going public very soon as well.
| 6:59 am on Feb 20, 2002 (gmt 0)|
paypal can be an easy and affordable way to accept credit cards. it's great for accepting payment from those that already have a paypal account, are web savvy, or those that are not shy about a new online payment system. don't rely on it as your lone source for taking cc's though. this is especially the case for an e-commerce site. i can't tell you how many bitching emails i have seen first hand and heard about ripping the paypal method of cc payment. the problem is that paypal makes each buyer sign up for a paypal account in order to make a simple payment to a merchant. customers don't want another account, they just want to put in their card number and go. if you rely on online sales, make sure you have a real merchant account. paypal is fine for an additional option, there are many people with paypal accounts because it is very big at ebay and other auction sites and also with the college age market. hope this helps.
| 7:43 am on Feb 20, 2002 (gmt 0)|
I have setup a store utilizing paypal. People tend to like it since half the world is visiting ebay they must have paypal accounts. Don't think of it as an extra service, just a way to take payments electronicly.
On my sites I dont say paypal anywhere when they goto order they are taken to a secure form where they enter their data (ya it signs them up for a account - but whats wrong about it they have a way to dispute charges easily) :0)