Training for Book Authors
|
|
Other Resources for Book Authors & Publishers
|
|
Please Support Our Advertisers
|
|
|
|
|
Paypal vs. Merchant Account
Copyright (c) 2006-2023 Scott Burke
ALBANY, New York (AP) -- The nation's largest online payment
service, PayPal, is paying New York $150,000 in penalties after
misrepresenting to consumers its policy on repayment when
merchandise doesn't arrive, the state attorney general said
Monday.
PayPal, which claims 40 million customers worldwide, had
specifically stated that it provided the same rights and
protections of a traditional credit card transaction, said
Attorney General Eliot Spitzer. But consumers were often denied
those rights, he said.
For example, consumers who didn't receive merchandise purchased
through PayPal were often denied reimbursement from either PayPal
or American Express or Discover credit cards. A spokeswoman for
Spitzer said consumers complained they were being bounced between
PayPal and their credit card companies and there was no prompt
action.
The credit card firms agreed to properly credit consumers in an
agreement with Spitzer late last year.
PayPal creates accounts for buyers and sellers using the
Internet, including PayPal's parent, eBay, the Internet auction
site. The service lets buyers and sellers exchange money through
e-mail.
Besides the penalties, PayPal will pay New York state the
investigation costs. The online payment service also will clearly
describe consumer rights including conditions or limitations on
their rights and refund policies.
Without the agreement, consumers using their credit cards through
"e-payment" systems like PayPal would lose their protections
under the federal Fair Credit Billing Act and similar state laws.
"Protecting consumer rights in online transactions is the best
way to establish and maintain confidence in electronic commerce,"
Spitzer said.
PayPal has clarified that it will investigate any claims about a
deal as long as the complaint is made within 30 days of the
purchase.
Our Service is a great alternative to Paypal. Not only do you get
your own merchant account and the ability to accept credit cards
real time on your website, but you can also process face to face
or offline transactions. You can't do that with PayPal.
www.cmscreditcards.com even has better rates than PayPals
standard program and you get your money in 48 hours directly into
your Business Checking Account. No volume limits like Paypal.
Benefits to having your own merchant account and not a PayPal
account:
No chance of PayPal freezing funds or holding money because
they don't understand your business. When you sign up for
an account with us, we underwrite your account so our banks
know exactly what you are doing therefore, lessening the
chance for you to have your funds held erroneously and
hampering your cash flow.
Merchant can take both online and offline orders at their
home, store, office, tradeshow, etc. You can't do that with
PayPal. With PayPal you can only take orders from your
website. Though we believe your website sales are important,
it is also important that you make sales face to face and
via other marketing methods.
Merchant gets funds automatically in 48 hours to bank
account of their choice.
With your own Merchant Account, your customers will not be
required to open up a PayPal account just to do business
with you.(This is a huge inconvenience to put your customers
through just to make a one time purchase from you.)
You can do recurring billing transactions for regular
customers. Automatically bill a customer $100 per week or
per month. You set it up once and don't have to worry about
it ever again.
Pay Pal does not make their phone number available to its
customers. Call our office anytime and you'll get a live
person during business hours.
Main Difference between Pay Pal and a Merchant account:
The main difference between Pay Pal and a merchant account is
that funds are not processed through the merchants own merchant
account. All transactions are processed through one or more large
bank accounts that the merchant needs to access to get his funds.
They are not directly deposited into the merchants checking
account.
The accounts where these funds get pooled are typically too large
to be FDIC insured. The method of clearing and settling
transactions skirts the rules established by Visa and Mastercard
as well as state and federal bank regulations.
For more information on how your business may benefit from
accepting credit cards now. Click over to
http://www.cmscreditcards.com
Scott Burke, President of MAXX Business Solutions is committed to making the merchant experience a pleasure and one that will build long-lasting business relationships. MAXX works as a trusted partner in merchant account credit card processing and strives to provide merchants with the best support, the best rates, and the best service in the industry. http://www.cmscreditcards.com/payment-processing.html
|
VOTE ON THIS ARTICLE
Needs Work >>
0 -
1 -
2 -
3 -
4 -
5
<< Excellent Article
Tell our authors what you think about their article.
|
Top-Level Category: Internet Articles || Related Categories: Business Online Articles
10 Most Recent Articles Written by Scott Burke
Comparing Business Cash Advance Loans: 5 Helpful Tips to Look For and Avoid
Written by: Scott Burke |
Distributed: 2008-03-06 |
Word Count: 615 |
Page Views: 3748
| Votes: 4 |
Rating: 1.00
Merchant cash advances, also referred to as 'business cash
advances' are a resourceful, excellent alternative to
conventional small business loans - without the hassle. And
because of the power of the Internet, merchant business cash
advances are quite easy and convenient.
Have You Been Told Your Business Is High Risk?
Written by: Scott Burke |
Distributed: 2008-02-05 |
Word Count: 584 |
Page Views: 3053
| Votes: 6 |
Rating: 1.67
As a business owner you may have already been told that your
business is high risk or worse yet you may have had your merchant
account shut down or cancelled. It's common practice for banks
and credit card processors to close accounts that are deemed
"high risk".
Accepting Credit Cards - Positives vs. Negatives
Written by: Scott Burke |
Distributed: 2008-01-29 |
Word Count: 1665 |
Page Views: 5489
| Votes: 9 |
Rating: 2.67
Today there are hundreds of thousands of small and medium size
businesses in this country that take orders via credit cards. In
addition, every day in this country, there are hundreds of
companies entering the world of e-commerce. They come from many
industries including retail, internet, mail order, home based
businesses, B2B, professional services, wholesale and mobile
businesses. In many cases they are "taking the plunge" to
accept credit and debit cards for the first time. Some are
successful and some are not. As with any other business venture,
the companies that do their homework typically have a better
chance at being successful.
Avoiding Merchant Account Chargebacks
Written by: Scott Burke |
Distributed: 2008-01-22 |
Word Count: 1987 |
Page Views: 5897
| Votes: 6 |
Rating: 1.83
A chargeback is a transaction that an Issuer returns to a
merchant bank and most often, to the merchant - as a financial
liability. In essence, it reverses a sales transaction, as
follows:
Internet Fraud
Written by: Scott Burke |
Distributed: 2008-01-15 |
Word Count: 500 |
Page Views: 4255
| Votes: 22 |
Rating: 2.50
Taking transactions over the Internet can be profitable but it
can also bankrupt a small business. Accepting online transactions
means accepting additional responsibilities as a merchant. These
responsibilities include knowing and understanding your risk
exposure and your liabilities.
How Accepting Credit Cards Can Increase Sales And Revenue
Written by: Scott Burke |
Distributed: 2008-01-01 |
Word Count: 486 |
Page Views: 5787
| Votes: 11 |
Rating: 0.73
Accepting credit cards is becoming a must for entrepreneurs and
small businesses in today's business environment. There are
numerous social, demographic and technological factors combining
to make plastic the payment form of choice for increasing numbers
of people.
Curious Employee Foils Corporate Credit Card Fraud Scam
Written by: Scott Burke |
Distributed: 2007-12-25 |
Word Count: 1411 |
Page Views: 4934
| Votes: 16 |
Rating: 2.44
MOLLY, THE ASSISTANT, Molly treasurer at XYZ Corp. in Miami,
opened an e-mail from a former colleague who no longer worked
for the organization. The e-mail read: "Hi Molly, there should
be a refund of $716 on my old corporate Visa card from the IP
Conference. I paid for, but did not attend, the conference and
did not turn in the charge to XYZ for reimbursement. Can you have
Visa issue a refund check to me? Thanks very much for your
help."
Understanding Credit Card Transaction Fees
Written by: Scott Burke |
Distributed: 2007-12-18 |
Word Count: 813 |
Page Views: 8263
| Votes: 8 |
Rating: 1.63
Q: I'm starting a new business and want to accept credit cards.
It seems that all the credit card processors charge a lot of fees
for each transaction. What are these fees?
9 Ways to Reduce Chargebacks and Fraud
Written by: Scott Burke |
Distributed: 2007-12-11 |
Word Count: 1029 |
Page Views: 5251
| Votes: 18 |
Rating: 2.83
Merchant concern about online credit card fraud and chargebacks
is rising at a significant rate. According to the 2001 Online
Fraud Report, conducted by Mindwave Research, it revealed that,
"41% of merchants say the issue of online credit card fraud is
'very serious' to their business." As e-commerce continues to
flourish the number of instances of credit card fraud and
chargebacks will continue to mount higher.
Credit Card Growth
Written by: Scott Burke |
Distributed: 2006-07-05 |
Word Count: 384 |
Page Views: 6528
| Votes: 11 |
Rating: 2.09
Industries that expand at such a rapid rate often are vulnerable
to fraud schemes devised by those seeking to capitalize on
newfound criminal opportunities, dated security measures, and
outdated laws. The credit card sector is no exception.
All of Author's Articles on this site: Scott Burke Articles
Most Recent "Internet" Articles
How Important Is Wikipedia In The Grand Scheme Of Things?
Written by: Bill Platt |
Distributed: 2013-07-09 |
Word Count: 1613 |
Page Views: 9097
| Votes: 29 |
Rating: 2.55
Wikipedia is the center of the online encyclopedia universe.
Millions of entries on every conceivable topic makes this website
an authority source that many young students and adults turn to
from all corners of the globe.
Gaming Laptops - The Last Thing You Should Check Before You Buy One
Written by: Titus Hoskins |
Distributed: 2011-09-13 |
Word Count: 725 |
Page Views: 7170
| Votes: 8 |
Rating: 0.63
If you're considering buying a gaming laptop, there are
many features you must check out before you buy. But there
is no last thing you must check before buying. Find out
exactly what this is...
Why Have Online Fax Services Become So Popular?
Written by: Titus Hoskins |
Distributed: 2011-06-27 |
Word Count: 695 |
Page Views: 6083
| Votes: 5 |
Rating: 0.60
Why have Internet or online fax services become so popular
in the modern workplace? Here are five or six reasons which
not only explains its popularity, but also gives you some
good reasons why you or your company should be using online
fax.
Build a Six-Figure Affiliate Business - Starting Right Now!
Written by: Marcus Blalock |
Distributed: 2011-06-24 |
Word Count: 565 |
Page Views: 5649
| Votes: 4 |
Rating: 0.25
Affiliate marketing is a great way to make money by simply
repeating the same processes and work strategies. .
Internet Fax Services - Which One Is Right For You?
Written by: Titus Hoskins |
Distributed: 2010-02-11 |
Word Count: 878 |
Page Views: 4856
| Votes: 4 |
Rating: 0.50
Internet fax services are becoming very popular with
companies and home business owners. But which one is right
for you or your business? Read this informative article to
find out...
How The Internet Has Changed The World...
Written by: Braxton Heitz |
Distributed: 2009-11-10 |
Word Count: 1379 |
Page Views: 9199
| Votes: 17 |
Rating: 2.29
As most of us sit down at our computers each day, we might
realize that we have begun to take this Information Age for
granted. What would we do if we did not have 24/7 Internet
connections to keep us connected to the world?
How Online Marketing Consultants Can Supercharge Your Sales
Written by: Paul Marshall |
Distributed: 2009-11-06 |
Word Count: 891 |
Page Views: 4113
| Votes: 11 |
Rating: 2.00
Starting an online business, we all need to spend our money
carefully, often doing the work ourselves. But getting the
help and advice of Online Marketing Consultants could
actually save us money, by avoiding costly mistakes and
becoming profitable much faster. We understand the reasons
people should buy what we are selling. But can we
successfully explain that to our website visitors in
convincing language they relate to, instead of jargon and
lingo related to our industry?
Don't Destroy Your Online Marketing Results with Bad Website Design
Written by: Paul Marshall |
Distributed: 2009-11-03 |
Word Count: 1111 |
Page Views: 4227
| Votes: 11 |
Rating: 2.55
Many online marketing consulting firms look at SEO and
search engine advertising in a vacuum. They don't consider
the big picture. The idea behind all search engine marketing
is increased revenue. That requires conversions, not just
more traffic. And certain website design problems can kill
your conversions!
A Simple Guide To Online Fax
Written by: Titus Hoskins |
Distributed: 2009-07-28 |
Word Count: 615 |
Page Views: 4394
| Votes: 9 |
Rating: 2.33
Online or Internet faxing has become extremely popular in
recent years. Here's a simple guide to this new way of
faxing...
Internet Telephone Calls: VoIP Basics
Written by: Nermine Shaker |
Distributed: 2009-07-08 |
Word Count: 944 |
Page Views: 5234
| Votes: 15 |
Rating: 2.20
You've seen the commercials and read the news advertisements for
telephone service using your computer: very cheap monthly fees;
make all the calls you want; keep your telephone number forever;
and voice quality as good as a landline. You've heard the claims
and you've heard the term "VoIP." Here's the scoop.
Most Viewed "Internet" Articles
Break Your Search Engines Habits To Get Better Information
Written by: Bill Platt |
Distributed: 2008-08-06 |
Word Count: 1475 |
Page Views: 11716
| Votes: 23 |
Rating: 2.26
Many online searchers get stuck in a rut, by focusing all of
their attention on only one or two search engines. But for the
person willing to expand his or her search horizons, new and
sometimes better information can be found by using some of the
alternative search engines available on the internet today.
How The Internet Has Changed The World...
Written by: Braxton Heitz |
Distributed: 2009-11-10 |
Word Count: 1379 |
Page Views: 9199
| Votes: 17 |
Rating: 2.29
As most of us sit down at our computers each day, we might
realize that we have begun to take this Information Age for
granted. What would we do if we did not have 24/7 Internet
connections to keep us connected to the world?
How Important Is Wikipedia In The Grand Scheme Of Things?
Written by: Bill Platt |
Distributed: 2013-07-09 |
Word Count: 1613 |
Page Views: 9097
| Votes: 29 |
Rating: 2.55
Wikipedia is the center of the online encyclopedia universe.
Millions of entries on every conceivable topic makes this website
an authority source that many young students and adults turn to
from all corners of the globe.
Gaming Laptops - The Last Thing You Should Check Before You Buy One
Written by: Titus Hoskins |
Distributed: 2011-09-13 |
Word Count: 725 |
Page Views: 7170
| Votes: 8 |
Rating: 0.63
If you're considering buying a gaming laptop, there are
many features you must check out before you buy. But there
is no last thing you must check before buying. Find out
exactly what this is...
Web Marketing 2.0
Written by: Kim Roach |
Distributed: 2006-10-10 |
Word Count: 1645 |
Page Views: 6749
| Votes: 16 |
Rating: 2.50
If you're like me, then you are probably tired of hearing the
word Web 2.0 passed around the net like a buzz word on steroids.
Google alone currently shows 126,000,000 results for the search
term "web 2.0" at the time of this writing. However, although
this term may be overblown, it does have significant influence on
the current changes taking place on the Internet. Most
importantly, it has many implications for the online marketer.
Creating Your Own Online Radio Station
Written by: Kim Roach |
Distributed: 2006-11-27 |
Word Count: 1138 |
Page Views: 6633
| Votes: 23 |
Rating: 1.91
Podcasting has leveled the playing field for people around the
world. With just a few tools, you can quickly and easily set up
your own talk show on the topic of your choice. All you need is a
computer, a microphone, and a passion to share your knowledge
with others.
Exploring Domain Expired Name Register To Find Best Domain Names
Written by: John Khu |
Distributed: 2007-11-29 |
Word Count: 511 |
Page Views: 6629
| Votes: 9 |
Rating: 2.56
Before dealing with expired domains, you will need to learn and
understand how you can use a domain expired name register to find
the best and profitable domain names. A domain expired name
register is a powerful tool that helps you in searching for the
most meaningful expired domain names. It will also make the
process of finding such names easier and flexible.
The Life or Death of Your Dream - Forums Can Make The Difference!
Written by: Al Smith |
Distributed: 2004-05-13 |
Word Count: 0 |
Page Views: 6524
| Votes: 2 |
Rating: 0.50
Do you use online Forum areas for enjoyment, entertainment,
business, relationships, . . . For your goals program?
Are you stuck somewhere on a plateau; you have achieved some
good things, but can’t seem to get past your present
situation for some reason?
Voip Is It Better Than Traditional 'Copper Wire' Telecommunications?
Written by: Gavin Lively |
Distributed: 2008-01-16 |
Word Count: 821 |
Page Views: 6522
| Votes: 9 |
Rating: 0.56
VoIP still has a ways to go before it dominates the
telecommunications industry. When it is good, it is the best
thing available to subscribers. The problem is that it is not
always good when it is delivered via the public internet as it's
backbone (something Simply Bits of Tucson AZ has eliminated).
Meeting a Girl Online
Written by: Arnold Kligermann |
Distributed: 2007-03-07 |
Word Count: 1109 |
Page Views: 6497
| Votes: 15 |
Rating: 2.60
The first question you ask is Why would I want to meet a girl
online? Why try to meet girls online when you can spot a chick
you like, approach her, start talking - and actually get a date?
Highest Ranked "Internet" Articles
Authors - Publishers Avoid Internet Scams
Written by: Bob Miller |
Distributed: 2007-08-01 |
Word Count: 391 |
Page Views: 3456
| Votes: 12 |
Rating: 3.00
Bob Miller reports that he received an email and telephone call
from a person claiming to represent a venture capital
organization that had a strong interest in investing in his
company.
Web 2.0 - or is it more like Web 16.0?
Written by: Julian Stone and Peter Hodge |
Distributed: 2007-10-04 |
Word Count: 2568 |
Page Views: 3942
| Votes: 5 |
Rating: 3.00
With people generating many new phrases and terms in modern
technology, it has become hard to keep up with what they all
mean. One of the most commonly used terms on the world wide web
(www) today is the phrase 'Web2.0'.
Should Your Company Use Internet Fax?
Written by: Titus Hoskins |
Distributed: 2008-04-23 |
Word Count: 797 |
Page Views: 4640
| Votes: 5 |
Rating: 3.00
In the modern workplace the traditional fax machine is being
replaced by Internet Fax. Is this a good business move? Should
your company use Internet Fax? Read this article to find out...
The Web of Tomorrow
Written by: Jason OConnor |
Distributed: 2007-02-01 |
Word Count: 1885 |
Page Views: 5461
| Votes: 16 |
Rating: 2.81
By looking at the trends of today we can begin to develop a image
of what the Web of the future will look like. I believe the Web
will improve and grow in a way that will dwarf its present
existence and will improve and enrich everyone's lives way
beyond what we can imagine today.
Becoming a Power Player with Online Game Sites
Written by: T.C. Gaity |
Distributed: 2008-04-17 |
Word Count: 1057 |
Page Views: 5542
| Votes: 8 |
Rating: 2.63
By participating in various online game sites on the web today,
it is easy to build various skill sets, network with other online
gamers, and win some great prizes. Online game sites have evolved
from simple card games and picture contests to full-fledged
casino-style games, tournaments, and competitions. More and more
online game websites now feature interactive platforms for word
games, puzzles, unique prize drawings, and even company-sponsored
contests for terrific prizes.
Meeting a Girl Online
Written by: Arnold Kligermann |
Distributed: 2007-03-07 |
Word Count: 1109 |
Page Views: 6497
| Votes: 15 |
Rating: 2.60
The first question you ask is Why would I want to meet a girl
online? Why try to meet girls online when you can spot a chick
you like, approach her, start talking - and actually get a date?
New Internet Marketing Tools
Written by: Titus Hoskins |
Distributed: 2008-04-01 |
Word Count: 1288 |
Page Views: 4920
| Votes: 7 |
Rating: 2.57
New Internet marketing tools are coming online each and every
day. Are you taking advantage of these marketing tools or are you
losing your online competitiveness because you're not using
them? Read more....
Exploring Domain Expired Name Register To Find Best Domain Names
Written by: John Khu |
Distributed: 2007-11-29 |
Word Count: 511 |
Page Views: 6629
| Votes: 9 |
Rating: 2.56
Before dealing with expired domains, you will need to learn and
understand how you can use a domain expired name register to find
the best and profitable domain names. A domain expired name
register is a powerful tool that helps you in searching for the
most meaningful expired domain names. It will also make the
process of finding such names easier and flexible.
Multiple Uses Of An Expired Domain Name
Written by: John Khu |
Distributed: 2007-12-13 |
Word Count: 521 |
Page Views: 4386
| Votes: 9 |
Rating: 2.56
An expired domain name could be very precious and invaluable, as
it has had a considerable amount of time and effort spent on
advertising and promoting it over the web. The combined effect of
time and effort gives you a host of benefits and advantages, as
soon as you register a particular expired domain name.
Email Marketing Formula, The Beginning - Get Your Emails Read
Written by: Kimberly Clay |
Distributed: 2008-03-19 |
Word Count: 766 |
Page Views: 5051
| Votes: 9 |
Rating: 2.56
Is your email marketing campaign not as effective as you'd like?
Here's what I do for about 90 percent of the email messages I
receive: Delete, Delete, Delete... Some days it's so bad, I
think my finger's going to get jammed from pressing the
"Delete" button so much.
|
|
|
|
|
Article Reprint Rights
|

This work is licensed under a
Creative Commons License
You are not required to show the creative commons license notice when you reprint this work.
|
Article Statistics
|
Word Count: 697
Total Views: 4101
Article Rating: 2.06 of 5
Votes Cast: 18
More Articles By Author:
Articles On This Website
Last Distribution Date:
2008-01-08 10:00:00
Internal ID: #5504
|
|
|