Merchant accounts


A merchant account is a type of bank account that allows businesses to accept payments by debit or credit cards. A merchant account also serves as an agreement between a retailer, a merchant bank and payment processor for the settlement of credit card and/or debit card transactions.

 

Setting up online accounts
 

 

SETTING UP A PAYPAL ACCOUNT
 
 

Setting up a PayPal Account Personal Account / Private Account / Business Account / Merchant account is FREE.

1.  Click this link to go to PayPal
2.  At the bottom of the page you will see "SIGN UP NOW"  Click on that
3.  You will have a one page registration form to fill out.  If you are not in the US, please note that you will need to click on the "Switch to an International Account Registration"  
4.  Make sure you set this up as a PERSONAL account
5.  Please be sure to put accurate information when you register - you will need this when you decide to make a withdrawal from the account.
6.  Just a note - if you are transferring money from your Checking account into PayPal, you will also need to have an equal amount of credit on your credit card - so if you want to transfer $100 to PayPal, make sure you have at least $100 credit on your credit card - even though they wont use it - they want to know you have it just in case the funds do not clear the bank.
7.  If you refer others to set up a PayPal account, you receive a $5 referral fee deposited into your account
 

PayPal Alternatives: Do You Have a Backup Plan? Don't wait for disaster to strike before opening another web based payment account. Like a "good scout," you want to be prepared in the event you need a backup. You don't know what tomorrow will bring so get your house in order today.

 

MoneyBookers : Money-Bookers offers a merchant feature that allows you to create order buttons for your website and be paid by credït card. Fees range from 2% all the way up to 8%, depending on how payments are made. No setup or monthly fees. You can accept payments from over 30 countries. Monëy can be transferred instantly to your bank account.

Moneybookers as its fast & secure online payment processor.

Your benefits:
#1 online payment solution 
Absolutely FREE OF CHARGE 
Authorised and regulated by the Financial Services Authority of the United Kingdom (FSA)
128bit SSL maximum security 
Pay instantly via credit card or domestic bank transfer in 30+ countries

 

 

Related links


E-commerce

Electronic money

Alternative systems

Merchant accounts
Merchant accounts fees and rates

Chargebacks on merchant accounts

 

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