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SnJewels.com
SnJewels.com
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           Dacia's Artistic Solutions

                      Website Design & Complete Small Business Services

What is a Merchant Account?

A Merchant Account is a special bank account where money from credit card sales is first routed to and held before transferred to your own business account. This process is usually fully automated in ecommerce transactions. Money may be transferred into your standard business account in real-time or during various points in a 24 hour period. A merchant account is a crucial part of ecommerce.

A Payment Gateway is a service provided by a billing processor, which allows credit card information to be collected and passed over the internet. A payment gateway can be thought of as a digital equivalent to a credit card processing terminal. They allow the secure transfer of credit card funds from users on your website to your merchant account.

Depending on the type of items you wish to sell on your online store, you will need to choose a merchant account.

Paypal Standard

If you will only be selling a few items on your website, Paypal Standard is a great free option!

Paypal Standard allows you to add items for your website and use their shopping cart for free. This is the easiest way to set up an online store.

Pricing

No monthly fees
No set-up fees
No cancellation fees

Transaction Fees
1.9% to 2.9% + $0.30 USD per transaction

For more information on Paypal Standard, please click here.


Paypal Website Payments Pro

If you want to use your own shopping cart without having your customers re-directed to the Paypal website, then Paypal Pro is for you.

Want to accept credit cards directly on your website and get the fastest checkout available with PayPal?
PayPal Website Payments Pro is the answer.

You get the features of an internet merchant account and payment gateway at a low cost.
Customers stay on your site. If you have a pre-integrated cart or the resources for a custom integration, you control the customer experience from start to finish.
Customers check out fast. Customers pay in as little as three clicks. They come back to your site for up sell, cross-sell, and marketing opportunities.
You get more sales. Website Payments Pro helps you get incremental sales from our growing base of over 100 million accounts in 103 countries and regions, and 16 currencies.

Pricing:

$20.00 monthly
No set-up fees
No cancellation fees

Transaction Fees:
2.2% to 2.9% + $0.30

For more information on Paypal Pro, please click here.
Solution Graphics


Paypal Virtual Terminal

What is Virtual Terminal?

It’s an online version of the credit card swipe machines used in stores. But it gives you added advantages:
  • Increase sales. Expand your business beyond the internet.
  • Save money. There’s no need to invest in expensive equipment.

    How it works.

    Customer orders by phone, fax, or mail with credit card.
    You enter order into Virtual Terminal.
    PayPal processes the transaction and you get paid.


    Why use Virtual Terminal?

  • It's easy.Use Virtual Terminal with any PayPal solution. Anyone with a U.S.-based Business account can apply.
  • It’s affordable. Pay the same low per-transaction price for any major credit card, including Visa, American Express, MasterCard, and Discover.
  • It lets you expand your business. Get paid by phone, fax, and mail, in addition to the internet. 81% of Virtual Terminal users agree that it allows them to reach more customers.
  • It’s convenient. You get an automatic custom packing slip, and Virtual Terminal is preintegrated with PayPal reporting systems.

    Pricing:

    $30.00 monthly
    No set-up fees
    No cancellation fees

    Transaction Fees:
    2.4% to 3.1% + $0.30

    For more information on Paypal Virtual Terminal, please click here.


    Merchant Warehouse in conjunction with Authorize.net

    If you are looking for a more advanced, complete integration system, then we recommend Merchant Warehouse in conjunction with Authorize.net

    Merchant Warehouse Merchant Account

    Sign up for a merchant account with Merchant Warehouse and receive a NEW Hypercom T7PLUS for FREE.
    This will allow you to accept credit card and electronic check transactions at your physical location.

    Pricing:

    Discount Rate: 1.69% of transaction total
    Authorization Fee: $0.21 cents per transaction
    Monthly Fee: $7.95
    Minimum Transaction Amounts per month: $25.00

    Authorize.net Gateway

    Authorize.net Gateway offers a virtual terminal for offline card processing. Businesses with an Authorize.net account simply access the Authorize.net Virtual Terminal through the Authorize.net website and simply complete and submit an encrypted electronic form. This form provides the Authorizenet system with the information it needs to complete the transaction. When the process is complete, the merchant receives an authorization number, and the Authorize Net server stores the transaction.

    Merchants can also check the status of transactions, automatically bill customers for recurring charges, or run a variety of reports right from the Authorize.net Virtual Terminal.

    This Gateway account is FREE with your Merchant Warehouse account.

    For more information on Merchant Warehouse, please click here.


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    Dacia@DaciasSolutions.com