It is probably easier to get setup with PayPal than with a company like
VeriSign. I think that PayPal/eBay bought out one of the major credit
card gateways last year so they are in for the long haul on this. On
there site they mention their various rates and they have a rate for
companies doing over $100,000 per month so they must have some big
customers.
Many payment gateways have high monthly fees in addition to taking a
percent of the transaction and a per transaction fee. They may also
have statement fees, etc. which all add up for a small company that
doesn't do a lot of business but wouldn't amount to much for large
firms. With PayPal you don't have a lot of add on fees.
Jim
Jay Guliano wrote:
What is the advantage of using PayPal over using VeriSign and my merchant
account? I thought PayPal was really intended for small vendors that do not
have a merchant account to get paid through.