Do i need a merchant account to accept credit card payments through Pay pal?
Jun 28, 2009
in
Small Business Merchant Accounts
I am starting my own online business and need to accept credit cards. I have looked at the services that paypal web payments standard have and like them. However i need to know if i have to have a merchant account or can i just use my own/business's account ?
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One comment
Rono on June 28, 2009 at 1:30 am
No. That is what Paypal is all about. They act as your credit card processor. Just be sure and get setup well in advance of your first transaction as it takes a number of days to get setup due to bank verifications for your account for deposits.