is a merchant account a requirment for a website to take payments

Posted by calum on Pro Webmasters See other posts from Pro Webmasters or by calum
Published on 2011-02-28T09:51:20Z Indexed on 2013/10/30 10:24 UTC
Read the original article Hit count: 281

Filed under:
|

I have had a quick look but couldn't see anything related.

Basically, if we were to accept payments for events on our website, via paypal (essentially a Buy it now! button), as a business, do we need a merchant's account, or will a regular bank account be acceptable?

I may have some confusion in terms. My understanding is you need a merchant's account to accept credit card payments, but as we are using PayPal, is this necessary?

Thank you for any clarification.

disclaimer - I've read What are some options for taking payments on my website? but it doesn't explicitly say if we require a merchant account or not.

Thank you.

© Pro Webmasters or respective owner

Related posts about payments

Related posts about paypal