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PayPal Credit Card Processing

It's been years since PayPal is way more than just a way to send and receive money to friends or relatives. PayPal has been offering powerful merchant services for years now.

So you can easily start accepting credit card payments and also PayPal orders for your products online at very affordable rates.

As you know, signing up for a PayPal account is free and very easy. Even chances are, you already have a PayPal account. So the only thing you need to do to use their credit card processing service, is to upgrade your account to Business level.

Then you can place an order button on your site leading your customers to the special order page to accept their credit card or PayPal payment.

A big advantage of using PayPal is their amazingly affordable rates.

They take only 1.9% up to 2.9% plus $0.30 from the retail price of every transaction which is very low and great comparing to other third-party credit card processing services that take around 6%.

When you use PayPal as your merchant service, here are the methods of payment you can accept on your site:

• Credit cards
• PayPal payments

Since PayPal is one of the most popular payment methods on the Internet, it is also a benefit that you can accept it in addition to credit cards when using this service.

Of course some other merchant services like Plimus, ClickBank, and 2CheckOut also offer this feature.

But there is a major downside to PayPal which makes many online sellers switch to other service providers.

That is the risk of having your account frozen and your funds blocked. This case has happened many times for many honest online sellers which can be very frustrating.

PayPal sometimes has strange and unclear policies and after they have your account blocked, they ask for some paperwork and even if you provide them with it, they may still refuse to enable your account.

Actually this case has happened to me personally and I stopped using PayPal after that.

Also I know several other famous online marketers and sellers who had experienced this problem.

One of them even had $60,000 of his profits blocked by PayPal for two months and after not receiving proper support from their team, he complained to the BBB and they finally made PayPal release the funds.

So even though PayPal has very good rates and easy to use system to accept credit cards on your website, this risk may make you think twice before relying your business in their hands.

On the other hand, I know many other online sellers who have been using PayPal for years without any issues.

So the choice is yours to go with them for the great benefits their service offers, or choose a more reliable credit card processing service to avoid the possible risks.

You can check out their website to find out more about PayPal merchant services.