PAYPAL MERCHANT ACCOUNT | PAYPAL BUSINESS ACCOUNT | 5 STAR PROCESSING

1. What is a PayPal Merchant Account and how you can get your PayPal merchantaccount? PayPal Merchant Account is a third party payment processor (also known as a payment service provider or a merchant aggregator). This payment merchant account aggregates all of its seller account into a single large merchant account. PayPal merchant account charge a base rate of 2.9% of the payment you receive plus $0.30 pertransaction. How to get the PayPal MerchantAccount? In order to get the PayPal merchant account for your business you have to follow these steps– . First you have to visit the PayPal sign uppage. . Select your country or region and your preferred language using the drop down menus. . Select your account type. To get a PayPal merchant account you have to click on the “Get Started” button present underneath the “Business”option. . Select the payment method solution you are using with your PayPal merchant account. . Enter the information associated with your business such as your business name, address, location info, primary currency and customer serviceemail. . Now enter the business owner contact information. If you are the owner of the business, enter your own personal information. If someone else owns the business, then you have enter their personalinformation. . After entering all the information. Now click on the “Continue” button so as to proceed further. . Enter a valid email address that will be used for signing into your PayPal merchant account and create and confirm a newpassword. . Now select and answer a security question, which can be used to recover your password in case you forgetit. . Read out all the user agreement, legal documentation and privacy policy documentation. After reading all these documentation, click the check box so as to agree to thesedocumentations. . Now enter the security code that you find on the sign upwindow. . Click on the “Sign Up” button present in the bottom right hand corner so as to complete the sign upprocess. . Login to your account and visit the “Account Tools Page” so as to setup your PayPal merchant accountsolution.

2. This is how you can get/create your PayPal MerchantAccount. Benefits of a PayPal Business Merchant Account– The benefits associated with the PayPal business merchant account are– . Accepting multiple payment methods such as credit cards and mobile payment apps. . Operating under your business name rather than your personalname. . Simplifying check out for customers so as to improve their conversionrates. . Performing internationaltransactions. . Allowing recurring subscription payments and offers various financing options for the customers. . Providing individual sign-ins for various employees to manage specific aspects of theiraccounts. Drawbacks of a PayPal Business Merchant Account– Before signing up for a PayPal business merchant account, it is very important to consider the drawbacks of the PayPal merchant account– . Transaction fees can be high, especially on the low costpurchases. . International transfer fees are very pricey . PayPal merchant account often holds funds for 72 hours before you can accessit . Chargeback fees are verycostly . You may need to rely on the PayPal customer service in the case of anyerror.