payment gateway

paypal and merchant account

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6 Replies - 2146 Views - Last Post: 23 March 2009 - 11:19 AM

#1 sharmistha  Icon User is offline

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payment gateway

Posted 04 March 2009 - 08:10 AM

hello,
what is the paypal and merchant account??when I use paypal and when we can use merchant account?? what are those main differences between them?? and how we implement paypal and merchant account usually??
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Replies To: payment gateway

#2 JackOfAllTrades  Icon User is offline

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Re: payment gateway

Posted 04 March 2009 - 08:27 AM

I think I would go to the Paypal Developer's web site for answers to these questions. But what do I know?
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#3 AlienWebguy  Icon User is offline

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Re: payment gateway

Posted 04 March 2009 - 12:30 PM

When someone buys something from your website, a merchant account is the "virtual bank account" which holds the money from all the transactions throughout the day and then sends all the money to your real bank at night. Paypal is essentially a merchant account, but they're probably not the one you want to use as your primary. Research around for alternatives and use Paypal as a backup.

--S--
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#4 chris.ballard  Icon User is offline

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Re: payment gateway

Posted 05 March 2009 - 02:01 PM

I would check out authorize.net if I were you. They are not the merchant account but you can get a merchant account setup through them. I have 3 different accounts and use authorize.net to process them all. I use BOA and American Express as my merchant accounts, but the main front end is authorize.net.
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#5 no2pencil  Icon User is online

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Re: payment gateway

Posted 05 March 2009 - 02:09 PM

The difference is anyone can have a PayPal account, but the merchant account is special for businesses. You get a return on the money that you keep in your PayPal account (like a money market account) but you also have to pay a percentage fee when you receive payments to your account.

Until there is PHP code, or a question about PHP code, I'll move it to the Corner Cubicle.
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#6 arvind_c6  Icon User is offline

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Re: payment gateway

Posted 23 March 2009 - 11:16 AM

Hi,

I have BOA as merchan account,could you please direct me how can i implement payment gateway using authorized.net.
If you could provide sample code it would be far beneficial for me, as i am using payment gateway as very first time. (I am using asp.net with vb)

Thanks a lot ...
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#7 no2pencil  Icon User is online

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Re: payment gateway

Posted 23 March 2009 - 11:19 AM

You would need to check with the documentation of Authorized.net, I have never heard of them before, & no idea how they work.

Sorry.
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