If you haven’t heard yet PayPal is now providing another way of credit card processing for your web site. It is designed to give merchants the option of letting customers complete credit card transactions on the merchants’ own sites—that is, without being redirected to PayPal’s site (Cnet says).

If your website doesn’t accept credit cards, this may be a great opportunity to increase sales by processing credit cards without the buyer ever leaving your website. Also, no Paypal registration is necessary for the buyer. Basically the whole checkout process will be controlled by the individual merchant while the transaction is processed in the background by PayPal.

There is a monthly fee of $20 plus 2.2% to 2.9% + $0.30 for each transaction. There’s no set up fee. You can visit PayPal website for more information.

This entry was posted on Monday, June 20th, 2005 at 9:36 pm and is filed under Web Related. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.