PayPal charges 2.89% + $0.29 per online transaction and 2.29% + $0.09 for POS payments. No monthly fees make it affordable for startups and small businesses.

PayPal functions as a digital wallet with higher transaction fees than merchant accounts but offers simpler setup with no monthly fees for basic accounts.

Kimberlee Leonard has taken her professional experience as an insurance agency owner and financial advisor and translated that into a finance writing career that helps business owners and ...

When it comes to processing credit card payments, you have to spend money to make money. Every player in the payments value chain, including the issuer, acquirer or processor and card network, deducts ...