Many people use PayPal for their electronic transactions, be it payments or accepting payments. However, while PayPal is popular and has been around for years, it may not be the best option. PayPal has a downside that few know about. In this article, you will learn about alternatives to PayPal – namely eMerchantBroker – and why the switch would be beneficial for yourself and your business.
PayPal is a great resource for many, as it is quick and simple to use. Its format is user-friendly, even for those who are not tech-savvy. However, they like to make poor decisions in the name of security, such as holding your money under review for no reason, draining your checking account when you report fraud, and putting 20% of your money in a rolling reserve account without asking, and much more. These can financially kill a small business overnight, and frustrate customers caught in the middle.
eMerchantBroker is a great alternative to PayPal. Many small business owners may not think that they need the services of a merchant account service, but in reality, any business owner does. eMerchantBroker has many benefits to its service that PayPal simply does not. For instance, if you are in need of customer service help, be it an emergency or a simple question, there will always be an eMerchantBroker rep available to help you. This is nice since it can be nearly impossible to talk to a human when calling PayPal, and their turnaround time for problems is within 48 hours.
eMerchantBroker is also a cheerleader for businesses that might not be able to find a merchant account elsewhere. This includes business owners with bad credit and businesses that may be in the “high risk” category, such as freelance workers and car dealerships. Even with PayPal, these business transactions can “ping” in the system, causing a hold of funds. Not with eMerchantBroker.
While PayPal is still a bigwig in the electronic payment business, there are other options for small business owners and e-business owners. eMerchantBroker.com caters to all businesses regardless of the size, owner’s credit score, or business type. eMerchantBroker.com also has the latest security, which at times is not the case with PayPal. Before settling in with PayPal, consider your options, as you are sure to embrace them.