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MivaCon 2014 Sponsor: PayPal The Hidden Costs of Chasing Lower Processing Rates
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THE HIDDEN COSTS OF CHASINGLOWER PROCESSING RATES
BOB ANGUS, PAYPAL
How do we get paid?
How much does it cost?
The LogicMinimize fees = Maximize profits
What’s in your wallet?
Hidden Costs• Qualified vs.
Non-Qualified• Switching costs• Operational costs• Customer service
The Solution• Simple, flat rate• Easy integration• Trust
“I Saved Tens of Thousands Per Year”
+
SummaryThe Problem
• "Too good to be true" scenarios mean more work in the long run
• The effective fee rate is higher than advertised rates
• Switching between vendors is disruptive to the business
The Solution• Fees are low,
predictable, and easy to understand
• One of the internet's most trusted and secure payment platforms
• Seamless integration with Miva
Thank You!Grab the Case Study here:
www.mivamerchant.com/scottevest-case-study
facebook.com/PayPalforBusiness
@PayPal4Business