I'm installing premium membership on my website www.uploadwiz.com There will be a charge for 1 week, month etc I'm not sure whether I should upgrade to merchant or not. I know if I do, I can instantly activate the person who is paying for premium. Has anyone had experiance with this? could you please give me some tips and info. +rep to anyone that helps
If you are looking at doing subscription billing, you might want to look at the Paypal Premier or Business account as they can handle that. The only difference between that and the Merchant account is what the customer sees on their credit card statement.
Okay, here's the comparison. The Rates for Premier/Business accounts are here http://www.paypal.com/cgi-bin/webscr?cmd=_display-fees-outside which is 1.9% to 2.9% + $0.30 per transaction and the Merchant account charges https://www.paypal.com/cgi-bin/webscr?cmd=_profile-comparison 1.9% to 2.9% + $0.30 per transaction or if you use the Web Pro, it would be 2.2% to 2.9% + $0.30 per transaction. So looking at it, yes the fees are the same. The only difference is that the Merchant account may cost you an additional $20/mth in service charges. The Premier/Business accounts do not come attach with any monthly fees.