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Sunday, November 29, 2009

Save up to 16% on Credit Card Processing

PayPal has been proven to save up to 16% in Credit Card processing

In Q2 2008, PayPal conducted a side-by-side comparison of our processing fees vs. our competitors' processing fees among 100 randomly selected merchants. We compared:

* The exact same number and types of transactions
* The exact same total payment volume

The result? PayPal would have saved these merchants an average of 16% on their total processing costs.
How can PayPal charge less?

Because we’re one of the largest e-commerce payment solution providers, our scale and efficiency lets us pass savings on to you. This means low flat rates and no hidden fees to process Visa, MasterCard, American Express, and Discover. Plus with PayPal, what you see is what you get – one complete service that delivers:

No monthly minimums
No set-up fees
No extra fees for accepting rewards cards or business cards
No early termination or cancellation fees



How are total processing costs calculated?

A recent Inc. Magazine article describes in detail the common fees charged by payment processors. This article is a must-read for any online business.
Download the Article


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