Hi.
Here I share bit of information I came to know when I used
paypal in my project…
For creating merchant service or account in paypal, we must
choose what type of account is suitable for your website. Basically the
following merchant services are available in Paypal service.
1. Paypal express checkout
2. Website payment pro
PayPal express checkout:
For creating PayPal express checkout account, just you need
to add your credit card to paypal.
The user will review
payment information, and if everything is OK, enter the login credentials.
After this, PayPal will redirect him to the URL you specified with
RETURNURL when you called SetExpressCheckout.
Pricing details:
·
No monthly fees
·
No set-up fees
·
No cancellation fees
When you’re doing transaction with your merchant
account they get following transaction
fees..
2.4% to 3.4% + $0.30 USD
For more refer the below links….
Website payment pro:
·
Website payment pro do a direct payment from your site..without
redirect to PayPal site…once you have the website payment account pro
account and easily pay the amount using
credit card or debit card..No need of any paypal accounts all the processing is
done by your page itself ….Just they offer $30
monthly fee
Fees:
With no extra fees, Website Payments Pro is on
average up to 14% less expensive than other credit card processors.1
·
$30 monthly fee
·
No downgrade fees
·
No gateway fee
·
No early
termination penalty
·
No monthly
minimum
·
No statement fees
For more refer the below links….
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