PayPal for Business

The lowest-cost, broad-featured system for receiving payments on the Web is PayPal -- and it doesn't require a merchant account or payment gateway. Essentially, the system allows a PayPal member to e-mail money to anyone, though to retrieve the money the recipient must set up a free PayPal account for himself or herself.

One of the most attractive features of PayPal is its low cost. Instead of paying high set-up fees and substantial monthly service fees (as is common for merchant credit card accounts with payment gateways), PayPal only charges a percentage of the transaction plus a 30¢ transaction fee. In the auction arena, BillPoint and PayPal are quite similar, but PayPal is a more mature product that offers tools, such as a shopping cart, that non-auction merchants need.

One reason for PayPal's rapid growth was the viral marketing element of offering a bounty of $5 on new PayPal members. It's nice for PayPal if it happens, but many people pay with a credit card directly, rather than out of money sitting in their PayPal account. How well are merchants and customers protected through PayPal? With PayPal the merchant doesn't need a secure server, only a standard website. PayPal provides the secure order form.

The feature that makes PayPal especially useful to non-auction merchants is PayPal's WebAccept (for single item purchases) and Shopping Cart (for multiple item purchases).

PayPal is also very helpful on your way to receive your money based on various making-money online program, and it's easy to cash your funds directly to your bank account.

Get started to easier your online business by having a PayPal account...click here...