View Single Post


Old
  Post #9 (permalink)   01-22-2004, 11:36 AM
Vovex Technology
HD Guru
 
Join Date: Oct 2003
Location: Michigan, USA
Posts: 553

Status: Vovex Technology is offline
Most merchant accounts require that you have a business checking account to deposit funds into. This is for business secuirty and tax purposes.... Why would you send funds from one transaction software to another anyways??

Most merchant accounts charge %3 on the total charge then .35 cents per transaction. Then when you send it to paypal... Paypal takes another 4.5% out. So you just lost close to 10% of the cash.
__________________
Jonathan