Processing Credit Cards Using PayPal – Guest Post
PayPal credit card processing is an easy way for small businesses to begin accepting credit card and debit card payments, which is a great way to handle online transactions without the hassle of merchant account. PayPal is arguably the leading online financial institute. Other merchants such as Google Checkout and Elance Escrow do not even come close to keeping up with PayPal.
PayPal credit card processing is great because PayPal makes it simple to use their service and they offer different account levels such as personal accounts, premier accounts, and business accounts. Even though you may have an established processing service for your business already, PayPal is a great supplemental method of payment to add to your website.
PayPal is set up so you can accept payments through their system as well as make business purchases through their system without additional software or any other applications. This makes it great for small businesses that do not have a big budget to make purchases for point-of-sale terminals on their PayPal account while paying the cost of processing fees that normal credit card and debit card processing agencies would charge.
Just about everybody is familiar with PayPal credit card processing and good portions of those people have their own PayPal accounts. Accepting credit cards with PayPal is simple and easy for your customers. Also, if you are a consultant you can simply have your clients send payments to you with a credit card by issuing them an invoice through PayPal.
PayPal credit card processing is also great because PayPal keeps a record of each and every transaction that you make, both income for your business as well as expenses that your business has to make. This makes for very simple record keeping for your business; you don’t have to worry about keeping files and searching through an endless amount of paper to find files. Everything is kept on the PayPal system and you can easily go back and pull historical data on payments received and payments issued.
PayPal is a great system that many business owners can use to increase conversion rates online. How? Because the more methods of payment you can offer the more customers you can capture. In addition, some consumers trust PayPal more than standard online credit card processing – another factor that can increase conversion rates. On that same note, many companies have a good understanding of PayPal and they view it as a reputable processing company for credit card and debit cards. You can easily set up PayPal credit card processing through for your today.
Joshua K. Haos is a freelance writer who reports on various business services like credit card processing and related technologies.