Paypal Versus Merchant Accounts

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Uploaded by on Oct 20, 2008

http://www.thewebreviewer.com - When starting an ecommerce venture online for the first time, you are confronted with the question of how do I receive cash from my visitors? There are two main ways people do this online: Paypal, a merchant account or both. Both have their strengths and weaknesses, but which one (Paypal or your own Merchant Accounts) will serve you the best? Find out in this video.

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News & Politics

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Standard YouTube License

  • likes, 2 dislikes

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Uploader Comments (MatthewBredel)

  • Can you make a video on SSL?

  • @MrVsspasso I believe you can as long as the video is being streamed from the secured server.

  • A two tier affiliate program is kind of like a pseudo-MLM. So if I promote a product or company to you (as an affiliate) and then YOU become an affiliate for that product, too, then you are my "2nd tier" and I receive a percent of the commission that YOU make because I initially referred you. In most MLM's, the number of tiers is undefined (why they are so powerful, but then again, it is the making of a pyramid scheme, too!)

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All Comments (15)

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  • Is there any alternative option like pay pal or whatever?????

    if there is any option please kindly inform me through my e mail id.. amit.indio@gmail.com

  • DO NOT USE PAYPAL. DO SOME RESEARCH ONLINE. PAYPAL WILL STEAL FROM YOUR ACCOUNT.

  • very useful ... thank you

  • Paypal will fuck you. Wait till you get about 2-3k in your account. And there going to lock your account. And will lock your account many many times as you use it. And their reasoning "basically because we can". If you have decent credit, business license, and a business bank account. You can get a legit merchant service through your bank, or other places.

  • A merchant account is what you set up with banks to let you charge (and accept) money online. PayPal offers merchant accounts, but it's best know as a payment gateway - the actual mechanism for the transaction. You can think of payment gateways as virtual cash registers in a way!

    If you are having problems organizing all of this, I suggest using CheddarGetter. It's an easy online billing management system that streamlines the whole process, and helps you avoid the problems Matthew faced!

  • I ma a merchant service account professional with level 1,2.3 and 4 product offerings. Although you suggest certain things to viewers, it would be more resonsible if you would provide more insight into why certain things are so.

    Thus, I welcome you to reach me that you may have a source knowledgable about the intricacies of charge-backs, gateways and pros and cons of PayPal vs merchant accounts.

  • PayPal sucks. PP froze our account for 6 mths (ie, they froze our funds). No explanation, no reason, no discussion. We weren't able to pay people or accept payments. And even after the 6 mths ended we had to hassle them to get our money back.

  • NO SOUND

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