the hidden costs of chasing lower processing rates by bob angus

Post on 14-Jan-2015

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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

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