Posts Tagged ‘merchant account fees cost of goods sold’
Merchant Account Fees
Best merchant account for accepting CC payments online?
I would like to add online credit card processing to my website. Which bank is the best for this?
The service shouldn’t be too expensive, and the transaction fees should be reasonable.
Thanks.
While PayPal is not a traditional bank, it is a very reliable, easy, and not-too-expensive method for accepting credit card payments online.
A traditional credit card merchant account deducts fees from your checking account each month ($25 or more – usually more) while PayPal deducts a percentage of each sale when the transaction is complete.
After many years of allowing merchant accounts to treat my checking account like a piggybank, I’ve opted for PayPal. Perhaps their program will also benefit your business. The link is below.
Outside of PayPal, the bank where you’ve already established a personal or business account will inform you of merchant account options.
Shirley George Frazier
Author and Small Business Expert
Understanding Merchant Account (MDR) Rates & Fees
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Posted in Merchant Accounts | 
Tags: account, ecommerce, fees, merchant, merchant account fees comparison, merchant account fees cost of goods sold, paypal | 
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