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| General Business Discussions This is a general purpose forum open to business related topics concerning Reptiles and Amphibians that are neither appropriate for the Board of Inquiry, nor sales, purchase, or trade solicitations. |
12-24-2006, 10:16 AM
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#1
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Paypal or Credit card?
is it cheaper to have an account with paypal when you sell an animal, or is it cheaper with a credit card? i can set up my site either way, but i want to know. i like the way paypal works, but i hear their rates can be high.
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12-24-2006, 01:56 PM
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#2
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Colleen,
As you are just starting out, you will most likely have to build your business and, until you do, a merchant account is probably not justified. Your customers can use their credit cards through Paypal.
Once you get to a point in your sales, that you will have to quantify, a merchant account may become logical. However, I would suggest that you always offer Paypal as a payment option.
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12-24-2006, 05:08 PM
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#3
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does paypal take a percentage or a flat rate?
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12-24-2006, 05:23 PM
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#4
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Paypal charges 2.9% plus a $0.30 transaction fee with a business account.
The fees can be up to 4.9% with a personal account.
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12-24-2006, 05:59 PM
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#5
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Thank you very much. Enjoy the holidays!
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