MERCHANT
ACCOUNT VERSUS PAYPAL
Paypal
1. Merchant
must sign in after a transaction to
withdraw funds.
Merchant
Account
1. Funds are
deposited ASAP, no further work or
action is needed by the merchant.
Paypal
1.Does not do
phone transactions and mail order
transactions are not available unless
you want to go into a lengthy, time
consuming process.
Merchant
Account
1. Phone transactions can be used
after a manual input
is made.
The same is done with mail orders.
Paypal
1.When you customer receives
their statement it will say Paypal on
it. It will show your customer that you
are a small business. Ebay uses Paypal
for small sellers.
Merchant
Account
1.When your customer receives
their statement it will say your
company’s name on it.
Paypal
1. When your
customer sees that you are a small
business he might wonder if the security
of the transaction is being breeched by
using a 3rd party processor.
MERCHANT
ACCOUNT
1. Your
customer sees you as a business that is
actively pursuing their business. They
do not know how large or small you are.
They only know that you can accept –Visa, MasterCard,
American Express and Discover. You
are not
restricted to any particular credit
card.
You and your
customer have not not lost as many
rights when it comes to charge backs as
you would have had with Paypal.
