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Instabill Versus Paypal

PAYPAL VS. MERCHANT ACCOUNTS When launching an eCommerce site, choosing the right payment processing service can make or break your business. Hidden fees, availability of funds, and access to offshore accounts are all important considerations when comparing services. Take a look at PayPal's fees, and how it stacks up against more flexible merchant accounts. THE NEED FOR BETTER PAYMENT PROCESSING $340 MILLION AMOUNT SMALL BUSINESSES WA CARDS DURING THE HOLIDAYS = $10 million PAYPAL: THE KING OF ECOMMERCE TOTAL PAYPAL REVENUE IN 2010 $100 million $3.4 BILLION O DAILY VALUE OF TRANSACTIONS PROCESSED BY PAYPAL $315.3 MILLION AMOUNT OF OF ECOMMERCE CUSTOMERS 18% 86% PROCESSED BY WHO RECOMMEND PAYPAL +- $20 million PAYPAL NUMBER OF ACTIVE PAYPAL ACCOUNTS m - 10 Million $3,650 106 MILLION PER SECOND NUMBER OF WEBSITES USING PAYPAL 341,497 = 25,000 websites PAYPAL'S DRAWBACKS MERCHANT ACCOUNT: THE OTHER OPTION $9 ONLY PROCESSES AVERAGE MONTHLY FEE 25 CURRENCIES AVERAGE TRANSACTION FEE CHARGE PER TRANSACTION 1.8% $0.12 190 NUMBER OF MARKETS PAYPAL IS INVOLVED IN BENEFITS TOTAL NUMBER FLEXIBILITY AND MERCHANT CONTROL OF SHOPPING CART SOLUTIONS $0.30 PER ONLINE TRANSACTION FEE ABILITY TO CREATE COUPON CODES 2.2% - 2.9% CHARGE PER TRANSACTION 0000000000 0000000000 ******* 0000000 000 CAN CREATE AND MANAGE CUSTOMER ACCOUNTS CREDIT CARD PURCHASES CHARGE PER TRANSACTION 3.5% $0.15 ABILITY TO CREATE MAILING LISTS $0 - $30 000 MONTHLY FEE 000000 FUNDS ARE DEPOSITED DIRECTLY INTO THE FUNDS ARE NOT DIRECTLY DEPOSITED INTO MERCHANT'S ACCOUNT BL iness Acce nt PayPal THE MERCHANT'S BUSINESS ACCOUNT, BUT RATHER DEPOSITED INTO A PAYPAL ACCOUNT PAYPAL IS NOT A BANK, AND THEREFORE ISN'T REQUIRED TO FOLLOW FEDERAL BANKING REGULATIONS EASIER ACCESS TO OFFSHORE ACCOUNTS FUNDS ARE NOT ALWAYS MADE IMMEDIATELY AVAILABLE PayPal Merchant Account MONTHLY FEE FACEOFF MONTHLY FEES OF PAYPAL PRO VS. THE AVERAGE MERCHANT ACCOUNT FOR A MERCHANT WITH $100,000 TOTAL MONTHLY VOLUME AVERAGE TRANSACTION SIZE PAYPAL MERCHANT ACCOUNT $5 $8,230.00 $6,333.80 $10 $5,230.00 $4,214.80 $30 $3,230.00 $2,802.13 $50 $2,830.00 $2,519.60 $100 $2,530.00 $2,306.40 $500 $2,290.00 $2,134.88 $1,000 $2,260.00 $2,113.44 .................................................... MONTHLY FEES OF PAYPAL PRO VS. THE AVERAGE MERCHANT ACCOUNT FOR A MERCHANT WITH $20,000 TOTAL MONTHLY VOLUME AVERAGE TRANSACTION SIZE PAYPAL MERCHANT ACCOUNT $5 $1,670.00 $1,273.96 $10 $1,070.00 $850.16 $30 $670.00 $567.63 $50 $590.00 $511.12 $100 $530.00 $468.48 I $500 $482.00 $434.18 I $1,000 $476.00 $429.89 I SEE HOW INSTABILL'S MERCHANT ACCOUNTS CAN LOWER YOUR PAYMENTS AND DRIVE YOUR BUSINESS TO SUCCESS SOURCES http://feefighters.com/paypal-calculator http://feefighters.com/blog/average-e-commerce-merchant-account-rate/ http://blog.instabill.com/index.php/2012/06/15/have-you-outgrown-your-paypal-business-account https://www.paypal.com/webapps/mpp/paypal-payments-standard http://www.merchantjuice.com/2010/04/paypal-vs-your-own-merchant-account-which-solution-is-the-knock-out-win-for-your-business/ http://www.statisticbrain.com/paypal-statistics/ http://feefighters.com/blog/ho-ho-what-small-businesses-waste-340-million-on-credit-card-processing-fees-during-holiday-season/ insta bill .com

Instabill Versus Paypal

shared by Instabill on Jun 21
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For offshore and high risk merchants Instabill is better than Paypal. If you are a merchant looking to process payments this infographic will help you. Learn more.

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Instabill

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Business
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