In our ProPay vs PayPal merchant account review, we found some information about both of these merchant account services providers to we wanted to share. In this ProPay vs PayPal review, you can learn more about these third-party processing services so you can effectively process debit and credit cards and other online payments.
As online shopping continues to grow in popularity merchant account service providers continue to make the online shopping and checkout process easier. With more and more shoppers using credit and debit card technology, it is a vital part of any business to be able to accept credit card payments. For eBay sellers, the best merchant account providers are between ProPay and PayPal. In our ProPay vs. PayPal review, we found that ProPay and PayPal merchant accounts have a variety of merchant services that can benefit both the seller and the buyer.
Unlike PayPal, you do not have to set up an account as the buyer. However, the consumer is required to enter a debit or credit card number and personal information in order to complete the purchase. For some consumers, this makes them nervous because they feel unsafe providing that much information to sellers they aren’t very familiar with. Comparing ProPay vs Paypal fees, ProPay’s fees are affordable including an annual fee as well as per-transaction fees plus a percentage of the sale. However, among eBay sellers with a silver or higher account, some of these fees are discounted. There is also a different fee scale for merchants operating on non-eBay websites. ProPay merchant accounts offer deals for those eBay sellers who process a minimum amount over a specified period of time. For example, those who have credit card processing totaling at least $3,000 over six months will be refunded the annual fee charge from ProPay merchant services.
PayPal Merchant Account
In comparing ProPay vs PayPal merchant account fees, we found that PayPal merchant accounts actually charge merchants less in terms of fees. The transaction fee and percentage fee is lower than ProPay’s. However, in comparison our ProPay vs PayPal review found that Paypal does not offer some of the customer service items ProPay does. In comparison, PayPal operates as a different sort of third-party merchant account. With PayPal, you have an account with stored debit and credit card information as well as shipping and billing info for each customer or merchant per account. ProPay, on the other hand works more like a direct purchaser. No stored account is necessary. PayPal merchant accounts work by getting the money from the buyer and submitting it to the seller. Many feel PayPal merchant accounts are a more secure method of operation because of this format. The biggest draw back to PayPal is that customers have to set up an account in order to purchase something from a website or seller that only accepts PayPal payments.
The convenience of using both ProPay and PayPal Merchant Account Services
Conveniently, merchants can accept both ProPay and PayPal for more payment options. Because they are both different types of third-party processing, you can accept both. Customers will enjoy this convenience because they can choose which method to pay with. Some might choose ProPay because they don’t want to set up an account. However, some may choose PayPal because they don’t feel comfortable directly submitting their debit or credit card information to the seller. In our ProPay verses PayPal merchant account review we found that overall, there are pros and cons to both ProPay and PayPal. But both make up where the other is lacking providing convenience for customers if a merchant uses both ProPay and PayPal methods to accept credit card payments. You may want to try both to see which works best for you and your business needs.
For the best merchant account services we recommend: