Re: Do you use your own merchant aacount or just use Paypal? The fee PayPal charges to receive payments into a business account (2.9% + .30) is actually quite high compared to many merchant accounts (usually 1.5%). The difference is that PayPal is free to startup, compared to merchant accounts that usually charge a startup fee, and sometimes even a monthly fee. It really boils down to how many transactions you are processing per month and for how much to know which is the better option for you. |