Pros: more
professional, better visitor experience as
he/she doesn't have to leave the website
to make a payment
Cons: more expensive from
day 1, application and ongoing fees
Option 2. Free PayPal
account with Real Time Processing Gateway
Accept: Visa, Mastercard, American Express, Discover
and eChecks
Premier/Business
Account
Open
an Account
Free
Send
Money (PayPal transfer)
Free
Withdraw
Funds to your bank account
Free
for US bank accounts
Receive
Payments
1.9%
+ $0.30 USD to 2.9% + $0.30 USD
Multiple
Currency Transactions
Exchange
rate includes a 2.5% fee*
Pros: Faster and cheaper. As this
does not have any upfront fees or ongoing fees,
this is a great solutions for Small Businesses that
don't really know how much they will sell at the
beginning - it's always possible to switch to the
Merchant Account solution later
Cons: The visitor has to leave your
website to complete the payment (you can still control
the look and feel fo the payment pages, see
demo here) but comes back after paying