Suntrust Merchant Services

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Suntrust Merchant Services Resources

This site contains resources and articles for you to use when you are looking for information about suntrust merchant services . This site has articles, links to suntrust merchant services , information and news. In the future we will have reviews of products that will help you make your decision easier with suntrust merchant services , so you can save time

 


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Featured Suntrust Merchant Services Article

How to Save Money with PayPal

By: Albin Dittli

PayPal offers two types of accounts. The first is the “Personal Account” and the second is the “Premier/Business Account”. With both types of accounts you can do certain things for free. These free activities are open an account, send money, withdraw funds to U.S. Banks, and add funds.

With both types there are fees for withdrawing funds for non U.S. banks and rate conversion fees.

The big difference is with receiving funds. PayPal charges Premier and Business accounts to receive payments. Personal accounts are free, but may not receive credit card payments.

The business account fees to receive funds can be as high as 2.9% of the transaction plus an additional $.30 per transactions. This can be very expensive, especially on smaller amounts.

The main reason you would set up a business account is so that you can accept credit cards. You are probably only accepting credit cards if you are running some type of business.

However, with a business account you are charged fees when you receive money, even when it is just a transfer from another U.S. PayPal account. This type of transfer would be free in a personal account.

If you run a business you have little choice but to have a business account. However, there is nothing to prevent you from also having a personal account.

If you run a business and also belong to a program where you will be receiving commissions then you should open two PayPal accounts. Open a business account for your business. Open a free personal account for all of the affiliate and network marketing programs that you are in.

If you do not run your own business then you should only open a free personal account.

If you use your business account for your affiliate and network marketing programs then you will be charged fees on the commissions that you receive. By running these programs through your free personal account you are not charged the fees. Over a period of time this could save you a lot of money.

Business Accounts

There are two rate structures for business accounts, the “Standard Rate” and the “Merchant Rate”. For U.S. accounts, the standard rate is 2.9% plus $.30 per transaction. For U.S. accounts the merchant rate is 2.2% plus $.30 per transaction. To receive the merchant rate you need to be a PayPal member in good standing for 90 days and have received $3,000 in PayPal payments over the previous 90 days (an average of $1,000/month). Or you....[MORE]

 

Sponsored Suntrust Merchant Services Resources

These are our featured resources and providers for suntrust merchant services . Feel free to check them out if you are looking for resources and articles for you to use. This list includes sites with articles, suntrust merchant services resources, information and news.

Additional Suntrust Merchant Services Resources

SunTrust Banks, Inc.
... Cash management, lending, banking, and merchant services solutions to help you manage and grow your ... About SunTrust. SunTrust Banks, Inc. is one of the nation's largest commercial ...
[see more on SunTrust Banks, Inc.]

First Data Merchant Services
First Data Corporation moves the world's money safely and reliably, making it easier, faster and more secure for people and businesses to buy and sell goods and services anywhere and anytime using virtually any form of payment. Our advanced ...
[see more on First Data Merchant Services]

Member Services : Products & Services - Pennsylvania Chamber of Business and Industry
... SunTrust Merchant Services. SunTrust Merchant Services is powered by First Data, a leader in electronic ...
[see more on Member Services : Products & Services - Pennsylvania Chamber of Business and Industry]

SunTrust - Card Processing & Merchant Services at SunTrust
Credit and debit card processing acceptance is essential for doing business today. It's convenient for customers and efficient for you. ... convenient for customers and efficient for you. SunTrust Merchant Services is uniquely positioned to provide you the ... Team of Experts. SunTrust Merchant Services has a team of full ...
[see more on SunTrust - Card Processing & Merchant Services at SunTrust]

 

Suntrust Merchant Services News

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Personal Banking | Personal Accounts from SunTrust
SunTrust covers all your personal banking needs with user-friendly accounts, secure online
services and great savings rates.
http://www.suntrust.com/
 
Small Business Home Page | SunTrust
SunTrust can help small business owners with bank accounts, cash flow management, loans,
financing and other business services.
http://payroll.suntrust.com/
 

 

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