Every business should have PayPal
PayPal Merchant Services
The great thing about innovation is the ease of use and the low price. I remember operating my two computer training centres in Dee Why and Gordon where I paid the National Australia Bank $30 per month to have the use of a terminal at each location. Then there was the cost of paper, the need for a dedicated phone line and how hard it was to initially get the “credibility” to have the privilege of having one of these machines. I was happy with the machine for a while, but could I use this machine to receive payments at my website? No. That was a whole new process and another department within the bank to “negotiate” with.
I started using PayPal when I wanted to make training courses available for enrolment online and when I realised how easy it was (just like cutting and pasting a link to a YouTube video) the functionality and enabling power of PayPal become evident.
Now, I use WordPress websites, online form builders and enrolment services and all of these solution providers link seamlessly with my PayPal business account. When you consider that there is no monthly fee and I only pay a percentage of each sale you can see why it is too hard to speak to my bank for a merchant account.
Recently I read about PayPal’s new service of issuing VISA debit cards in the United States and I realised that having a PayPal account is very similar to having an ING Direct account (without the high interest you earn though). It’s all the more reason that I am starting to use my PayPal account more and more.