Originally Posted By: gjohnson This post was automatically imported from our archived forum.
I would say that the best thing to use is Paypal… There are no min and the fees are very reasonable. And they have just now set it up to where people don’t need accounts to pay by credit card anymore.
Originally Posted By: lfallico This post was automatically imported from our archived forum.
I just talked to someone at Paypal to set up an account to receive credit card payments and they told me that the person making the payment had to be a member also. So how can I set it up without the buyer having to have an account? Does anyone know??
Originally Posted By: Chris Morrell This post was automatically imported from our archived forum.
I believe you have to jump through a few hoops to become a certified business paypal user. I know it took me about a month in 2002 to get my account set up so that I could accept credit cards through paypal. I’ve since stopped using paypal, but I know it’s possible. Look for links to being a business user, or something like that. This was about two years ago, so things could have changed significantly since then, but it’s worth a shot.
Originally Posted By: kmcmahon This post was automatically imported from our archived forum.
Took me about 5 minutes to set up my account.
They do have to verify your bank account so the make two small deposits in it, and when you get your statement you tell them the amounts of the deposits. That just verify’s they have the correct bank account.
They need your bank account # in order for you to receive/transfer funds.
I did it once personally because I was a ebay seller, and now did it again with my business.
Originally Posted By: mboyett This post was automatically imported from our archived forum.
I went through Sam’s Club to set up a merchant account for Visa & Mastercard and it was pretty easy. I suspect about 30-40% of my customers use a credit card. The fees typically run me about $30/mo so I think it’s well worth having the ability to accept cards. I simply swipe the customers card at the website, have them sign the receipt and then I use the call-in method once I’m back at the office to input the charge. The money is in my business checking account within 2-3 days usually after that. While I do have a PayPal account I don’t think I’d want to use that for this application.
Originally Posted By: pdacey This post was automatically imported from our archived forum.
I agree with Mike. The ability to accept credit cards has paid for itself. About 25% of my clients pay by cc. It’s easier than waiting to get paid at close of escrow.
Originally Posted By: jonofrey This post was automatically imported from our archived forum.
I use a local bank for a merchant acocunt with authorize.net as the payment gateway for an ecommerce web site that I operate.
To keep things seperate, I've always used PayPal for home inspection transactions. Never had a problem. As far as your customers needing to be registered with PayPal, they get sent an email with simple instuctions how to do it when you use their email address to request payment. I tack on 3% for a tranaction fee.
The main reason I like to use PayPal is no fees except when you actually make a transaction. The big problem is that the money usually never comes out of PayPal and goes right to Ebay to buy bayonets, swords etc...
a weakness!