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Help with Paypal option to choose and fees involved

Posted on 2011-03-16
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Last Modified: 2013-11-19
Hello
I've been having a look at the Paypal services, but am still confused, and would be grateful if someone can help me here:

1. My web client wants to receive payments from internet clients who wish to make an online reservation for the service he is proposing via a web form.

What type of account he needs to create to be able to process the transactions which will take place, knowing that this will involve only credit card payments, and that details from the web form will be processed by Paypal, and in this case will be the total amount and the user details filled in that form (no credit card details thou to be input in the form) ?

2. Based on the account created in 1, what are the fees associated with it, e.g. monthly or per transaction etc?
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Question by:lordrt
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3 Comments
 
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Expert Comment

by:EMB01
ID: 35157929
If you want lower transaction fees, then you would probably want a business account.  There don't seem to be many other benefits to business accounts, see here:

https://www.paypal.com/cgi-bin/webscr?cmd=xpt/Marketing/general/PayPalAccountTypes-outside

You can probably do everything you want with a simple, free account.

These are the fees with paypal:

https://www.paypal.com/cgi-bin/webscr?cmd=_display-fees-outside
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Author Comment

by:lordrt
ID: 35163084
thanks for the links.
but, since the client will include the company's name in the transactions, I believe he can eliminate the personal account option then?

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Accepted Solution

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EMB01 earned 500 total points
ID: 35165038
You can create a free business account to get the clients name, but if you want the transaction to happen on paypal you can use the free "websites payment standard" option.  See here:

https://merchant.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=merchant/wp_standard

If you want the transaction to happen on the clients site, i.e. customers enter their credit card, etc. on the clients site as opposed to being redirected to paypal, then you need "website payments pro," which carries a $30 monthly fee.  See here:

https://merchant.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=merchant/wp_pro

For more business account services, see here:

https://merchant.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=merchant/product_services
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