I have a question first about paypal. I have a business account on paypal and I'm able to withdraw 500 Euro a day. I need to raise this amount to about 5000 Euro a day. What do I have to do? What do I need to process credit cards by myself Thanks for your answers!
I've actually never heard of that with a business account. Is your account verified? You may need to add a bank account to lift the limit.
For that kind of money I would setup your own merchant account. Just google "online merchant account" and off you go. It's basically a bank approving your website for accepting credit card payments and your limits will be lifted. The money will go directly into a bank account that you can make transfers from or write yourself checks from.
is your paypal account verified?? if not, first verify it using your credit card( costs nothing) or Virtual Credit Card
Yes my paypal account is verified and it's a business acount. Maybie the linits are only 500 a day because of the country I'm living in. But I think I will go away from paypal for big money. I will go with budfox'es idea.
For the amount you mentioned you should get a Merchant account as Paypal can limit your account anytime without giving any reason.
A traditional merchant account will allow you to charge a card or check and have the money deposited into your personal or business bank account within 24-48 hours.