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Paypal news: New Website Payments Pro merchant agreement

 
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Old 04-14-2010, 02:51 AM
  ambal's Avatar 
ambal ambal is offline
 

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Exclamation Paypal news: New Website Payments Pro merchant agreement

Hi Everybody,

I think many of you know about new Paypal requirements for those who use Website Payments Pro, but I'll re-produce what I have here anyway.

So if you use Paypal Website Payments Pro you must have Express Checkout (EC) enabled as a payment option otherwise you will receive an increase of .5% in processing rates.

See full terms and conditions.

For questions - contact Paypal reps directly!

Here are some X-Cart KB links that can help you to work with Paypal in X-Cart:
http://help.qtmsoft.com/index.php?title=X-Cart:PayPal
http://help.qtmsoft.com/index.php?title=X-Cart:Putting_PayPal_to_Work_with_X-Cart
http://help.qtmsoft.com/index.php?title=X-Cart:PayPal_Integration_Overview
http://help.qtmsoft.com/index.php?title=X-Cart:Switching_to_a_Different_PayPal_Solution
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Alex Mulin
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X-Payments product manager
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Old 04-15-2010, 05:12 AM
 
robertswww robertswww is offline
 

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Default Re: Paypal news: New Website Payments Pro merchant agreement

Quote:
Originally Posted by ambal
So if you use Paypal Website Payments Pro you must have Express Checkout (EC) enabled as a payment option otherwise you will receive an increase of .5% in processing rates.

Actually it would be a 1% increase per section 2(g) of the PayPal Agreement:

Failure to Use Express Checkout. If you fail to comply with the requirement to use Express Checkout, you may be subject to a fee increase resulting in up to a 1% increase to your Transaction Fees.
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The following user thanks robertswww for this useful post:
ambal (04-15-2010)
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