Do you want to know if you should use PayPal on your website? Discover what an industry professional thinks about PayPal for a Merchant Account. I work in the credit card industry and give you what I recommend to merchants...
@TheFrankie801 Yes, you are absolutely correct. @lockergnome talks about that and one great suggestion is to not rely on PayPal as your single source or more importantly use them as your bank.
One of the differences between a regular merchant account and PayPal is that with a regular merchant account if a customer initiates a chargeback their banks only deal with that one transaction and can't shut down your bank account. They can hold funds, but this is not the general rule.
@TheFrankie801 Yes, you are absolutely correct. @lockergnome talks about that and one great suggestion is to not rely on PayPal as your single source or more importantly use them as your bank.
One of the differences between a regular merchant account and PayPal is that with a regular merchant account if a customer initiates a chargeback their banks only deal with that one transaction and can't shut down your bank account. They can hold funds, but this is not the general rule.
MerchantReferrals 2 months ago
They can freeze your account for weeks if anything goes wrongs PayPal is broken but the way they handle things
TheFrankie801 2 months ago