are there any monthly fees associated with the business account? i dont need a virtual terminal - i know there is a monthly fee for it but other than that and the transaction fee, are there any others?
There is no monthly fee in any type of PayPal account. However, you may have certain limitations depending upon the account you have. Business account have full facilities. Refer http://stocksolutions.us/2008/12/18...al-personal-premier-and-business-accounts.htm
No, there is no monthly fee associated with the Business account. If you want to charge credit cards on your website, you will only have to pay for each transaction, you won't pay any monthly fee at all.
I have a paypal business account, but they do not charge me any monthly fee. I am charged on per transactions basis.
thank you for all of your posts everyone. i will try and upgrade to business. i have a start up ecommerce store and im avoiding any additional overhead cost while getting the business going.
Make sure that you have a registered business or an incorporated company when you sign up for the business account because that is what is needed. You would be required to also have a bank account in your company's name so that you can withdraw your earnings.
I dont think their are any monthly fees but your best of contacing paypal themselves to confirm this.
You can always check their FAQ under Fees topic. I don't think there is monthly fees but I think there is some additional fees you have to pay for sending and receiving money. Check their FAQ to confirm.
Website Payments Standard doesn't have a monthly fee. Website Payments Pro does. Be sure you choose the right one.