PayPal Strategies for an Online Business
eBay provides a great arena in which to get your feet wet if you are a new to the world of e-commerce and internet retailer. What better way to test market your product that by seeing how well is sells on the biggest online marketplace. You learn valuable lessons about your business, and get to rely on the structure of eBay to set up your business. Part in parcel with creating an eBay business, PayPal offers an efficient and effective way to receive online payment.
Some of the benefits of using PayPal in your e-commerce business:
- at least 90% of the transactions utilize PayPal
- it has a sophisticated, integrated checkout system which appeals to consumers and sellers
- customers are streamlined through the process so it feels like a credit card transaction
- a business account lets you take money from other consumers and do bank transfers
- PayPal offers a money market account that pays over 5% interest
- get a PayPal debit card and earn 1.5% cash back on every purchase
http://www.startupnation.com/pages/podcasts/podcast-paypal-strategies.asp
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