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PayPal Launches PayPal Website Payments Pro

Tags » Merchant Acquirers, Money Transfer  »

PayPalPayPal has introduced PayPal Website Payments Pro, a new all-in-one online payment solution for merchants that combines the features of a merchant account with a payment gateway into a single provider, PayPal.

Website Payments Pro supports merchant acceptance of Visa, MasterCard, American Express, Discover, bank transfers and PayPal balance payments. A comparison chart compares Website Payments Pro with other alternatives.

Pricing for Website Payments Pro ranges from 2.2 to 2.9 percent plus 30 cents per transaction. A $20 monthly fee is also charged. There are no setup or cancellation charges.

Signup requires a PayPal Business Account along with much of the same information required to setup a traditional merchant account (type of business, business owner's SSN, etc.). PayPal says applicants can expect a two day turnaround on their Website Payments Pro application.

Posted: Jun 17, 2005 03:36 PM Pacific |   |   |   Tweet This

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