Paypal is a payment solution that is tied directly to your bank account. When you set up an account, you log in securely, you can make payments directly from your bank account, and the person you are paying does not receive your bank account information (thus providing you a measure of security). You can also receive payments for services, etc. You also can authorize payments from alternate sources like credit cards, etc. You will need to have a bank account, your routing #, and account number in order to set it up. Visit www.paypal.com and click the "new to paypal" link to choose your account type. Personal accounts are good for paying, while the premier and business offer payment receipt as well (there are fees when you receive payment of about 6-8%). Then you fill in the requested information, and verify the account, and you're done!
Here's the real info PayPal does not advertise, market or even wants to tell you about paying with a credit card.
With PayPal's Website Payments Standard, PayPal does say that you don't have to have a PayPal Account to make a purchase. And they provide an option for you as a Premier Account owner or Business Account owner to configure your account to allow customers to pay with a credit card and/or open/use your PayPal Account. This information is valid.
The small bit of very important information not told to you is the following. Lets say you have returning customers or have clients that pay you for services on a regular basis. After your customer or client pays you 3 to 4 times using the same credit card, PayPal will interrupt the transactions and require the customer or client to open a PayPal Account or use a totally different credit card.
People need to understand that PayPal's mission it to sign up new business or accounts. It's just that simple. And although Website Payments Standard is great concept becasue you pay only for the services you use, there are limitations. As they say, you get what you pay for.
For folks who really just want their customers or clients to pay with a credit card with no limitations, then the product to use is Website Payments Pro. However, with Pro, there is a monthly fee, security requirements and transaction fees.
Google Checkout can use as an alternative
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