Ecommerce with PayPal |
In Sept 2004 PayPal made some drastic moves in the ecommerce industry by eliminating high cost set-up fees of $300.00 to $500.00 and monthly fees of $30.00 to $50.00 a month charged by Internet Gateway Companys throughout the Web. In addition, PayPal has eliminated lengthy bank forms to fill-out. As a result, I now recommend all my clients who wish to sell on the web to open a PayPal Business or Premier Account. Sign-Up
Below is just a short list of what PayPal offers to its merchants:
- All Credit Cards Accepted
- Re-Ocurring Billing
- Subscription Billing
- Send Invoices Directly through PayPal
- Shipping Calculator w/UPS label print
- Accept International Payments
- No Monthly Fees
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Transaction Fees for Domestic Payments- United States |
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Standard Rate |
Merchant Rate (qualification required) |
| Monthly Received Payment (USD) |
$0.00 USD-$3,000.00 USD |
$3,000.01 USD-$10,000.00 USD |
$10,000.01 USD-$100,000.00 USD |
> $100,000.00 USD |
| Fees per transaction (USD) |
2.9% + $0.30 USD |
2.5% + $0.30 USD |
2.2% + $0.30 USD |
1.9% + $0.30 USD |
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| Flat fee will be charged as follows: $0.30 USD for U.S. Dollar payments, $0.55 CAD for Canadian Dollar payments, €0.35 EUR for Euro payments, £0.20 GBP for Pound Sterling payments, ¥40 JPY for Yen payments. |
Fees for receiving eCheck payments will not exceed $5.00 USD per transaction. |
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