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How Using PayPal Can Boost Revenues
For some time, I’ve used PayPal, which is owned by eBay. For example, I recently paid a contractor in India using the service. It was extremely easy.
Well, I had a chance to talk to the Small Biz folks at PayPal and found out that there is much more to the service. In fact, PayPal can be a great way to boost your business.
Of course, PayPal makes it easy to leverage ecommerce. And the costs are competitive, with transaction fees ranging from 1.9 percent to 2.9 percent, plus a 30 cent fee. What’s more, there is no need to get a merchant account (which can be a painful and expensive process).
PayPal has an online version of a credit card swipe machine. Simply put, you enter the credit card information in a computer and PayPal processes the transaction.
Something else to consider: PayPal has 150 million accounts worldwide. Thus, if you offer customers the ability to pay with PayPal, there’s a good chance you’ll increase sales.
Oh, and it’s even possible to send out invoices via email. And yes, your customers can easily pay with a credit card or directly with PayPal. In the tough economy, it’s definitely worthwhile getting paid faster, right?
Photo by PayPal.
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Make Money From Home on April 28th, 2009 8:26 am
I agree PayPal is a safe and fast way to get paid online. Setting up an account is free and has the potential to pay you forever.
Jaclyn on April 29th, 2009 7:27 am
Pay pal is a great service. I never thought to use it for so many year’s, when ever i was shopping online and they offered payment via pay pal i never wanted to sign up, i guess that was the old fashion part of me showing, i thought mailing a check was better. But now that i work from home and use pay pal for my work, it is sooo much easier and faster and it is safe.
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