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Notice the rate for Checks its 1.49% Less than half of Paypal's rate. Paypal is able to route approximately 50% of the users to pay using bank accounts which co
by pjg 15y ago
Notice the rate for Checks its 1.49% Less than half of Paypal's rate. Paypal is able to route approximately 50% of the users to pay using bank accounts which costs almost zero yet they charge the Merchant the same. With Noca the Merchant saves directly when the Consumer pays using Checks so the average rate is much lower than 3.49% (Plus No Other Charges Apply )
(PS: As I posted/mentioned in this thread, Noca is more of an alternative to Authorize.net than Paypal)
- latch 15y agoIs it common that people are paying for online things with checks? (honest question, nothing I do is worth charging anyone for, so I don't know).
- foobarbazetc 15y agoI can tell you (from looking at real world stats) that only 1% of people use eCheck when paying through PayPal. So it's kind of irrelevant.