The word is out, and you need to be on the lookout for the new “gunslinger” in town. In the fast growing battle in credit card processing, PayPal credit card processing can be accessed through a triangular reader that connects to a jack of anyiDevice; ergo, the competition better keep checking their rearview mirror; they might get passed up. The PayPal credit card processing service may also be closing the door on the competition by charging a 2.7 percent fee per transaction. These is less than any other credit card processors, and if the retail merchant uses a debit card, the PayPal credit card processing fee drops even lower to 1.7 percent. PayPal offers immediate access to funds, as well.
Actually, because of all this iDevice technical camera scan card wizardry, a merchant doesn’t even have to use the card reader. The device’s camera reads the credit card number and voila,’ it’s a done deal; although the user will still need to enter the CVV code and customer zip code, too. Another service plus for PayPal credit card processing is that it offers encryption, and all these wonderful technical marvels are now available worldwide. However, the general public will get their chance, soon; but you’ll need to sign up with PayPal.
Although PayPal is changing the rules involving credit card processing, it will be interesting to watch to see if the PayPal credit card processing move is a “game-changer” or not. Surely, you can bet that the main competition is not going to run for the hills, or raise a “white flag” in surrender. Like the wise man said, “let’s wait to see where they made mistakes, then offer some features that others can’t.”
On the other hand, this latest PayPal credit card processing bonanza might be able to pick up all the marbles due to two words the competition doesn’t have: “name recognition.” PayPal is well known to millions, with an honest and trustworthy perception, as well.
This recent PayPal credit card processing endeavor has raised the bar for the competition at least five inches. Online you can get all PayPal credit card processing invoice and mobile payment tools, plus the extra advantage of allowing customers to check out directly on your business site. To sum it all up, you can accept credit cards and PayPal directly on your Web site, swipe credit cards with your free card reader, email invoices for fast payment, access your money pronto, keep costs down, and protect against fraud. Looking for a simple solution? Think PayPal credit card processing.