When a customer checks out on your site using Paypal payments pro or when you use the virtual terminal to take a credit card number over the phone, what shows up on the customers bank statement? Does it still say Paypal on the transaction? For example, with a business account it will say something like "Paypal * Business name" Im trying to find a merchant account to use but I want to look more professional than having everything say Paypal...
No it will show up with a name that you choose. I believe you can pick something up to 9 to 10 characters. You do this during the sign up process. But paypal will not show up on the bill. Let me know if you have any further questions as i use paypal pro for my business.
Thanks for your response. It is my belief that the number of people requesting chargebacks would significantly drop when you don't have to show you process credit cards through Paypal. I think that online buyers see Paypal as a big opportunity to scam small business owners. Could you back this up, or do you have a different experience?
I don't have a large rate of charge backs but that's because I'm mostly servicing a small geographical area so those type of customers don't approach my business. Charge backs are going to happen. You just have to keep on eye on it.