{"id":423,"date":"2009-01-14T13:14:28","date_gmt":"2009-01-14T18:14:28","guid":{"rendered":"http:\/\/www.killersites.com\/blog\/?p=423"},"modified":"2009-01-14T13:15:51","modified_gmt":"2009-01-14T18:15:51","slug":"paypal-and-canadian-merchants","status":"publish","type":"post","link":"https:\/\/www.killersites.com\/blog\/2009\/paypal-and-canadian-merchants\/","title":{"rendered":"Paypal and Canadian Merchants"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.killersites.com\/blog\/wp-content\/uploads\/2008\/10\/paypal-image.gif\" alt=\"\" title=\"paypal image\" width=\"234\" height=\"145\" class=\"alignright size-full wp-image-333\" \/><br \/>\nHi,<\/p>\n<p>I&#8217;ve been using Paypal to process my credit card orders since 2001 and overall, it&#8217;s a pretty good service.<\/p>\n<p>&#8230; In fact, I would argue that Paypal is essential for just about any e-commerce site since it is used by so many merchants and most importantly, just ordinary people. <\/p>\n<p>Paypal&#8217;s main advantages are:<\/p>\n<ul>\n<li>Easy to set up.<\/li>\n<li>Can accept several types of electronic payments: credit card, e-checks and Paypal.<\/li>\n<li>Since Paypal is so well known, it will put your clients at ease. You&#8217;d be surprised at how nervous people still are of buying products online!<\/li>\n<\/ul>\n<p><!--more--><\/p>\n<p><strong>The Dark Side of Paypal .. for Canadian Merchants<\/strong><\/p>\n<p>For reasons unknown to this humble nerd, Paypal has a process in place that is not favorable to merchants\/companies based in Canada. <\/p>\n<p>Specifically, if you want to transfer your US cash out of your Paypal account to your US dollar bank account (that happens to be in a Canadian bank,) Paypal will not allow you to do this. Instead, Paypal will only wire transfer to a Canadian dollar account. And in the process, Paypal takes take a hefty premium on your money in the conversion. From my experience, Paypal can harvest as much as 6% in the conversion. <\/p>\n<p>.. A nice little bonus for them.<\/p>\n<p>&#8211;<\/p>\n<p>OK, this is a bit of a rant &#8230; I know. But there is some useful information that I think many would find useful nonetheless.<\/p>\n<p>Thanks,<\/p>\n<p>Stefan Mischook<\/p>\n<p>www.killersites.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hi, I&#8217;ve been using Paypal to process my credit card orders since 2001 and overall, it&#8217;s a pretty good service. &#8230; In fact, I would argue that Paypal is essential for just about any e-commerce site since it is used by so many merchants and most importantly, just ordinary people. Paypal&#8217;s main advantages are: Easy &hellip; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[],"_links":{"self":[{"href":"https:\/\/www.killersites.com\/blog\/wp-json\/wp\/v2\/posts\/423"}],"collection":[{"href":"https:\/\/www.killersites.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.killersites.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.killersites.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.killersites.com\/blog\/wp-json\/wp\/v2\/comments?post=423"}],"version-history":[{"count":8,"href":"https:\/\/www.killersites.com\/blog\/wp-json\/wp\/v2\/posts\/423\/revisions"}],"predecessor-version":[{"id":432,"href":"https:\/\/www.killersites.com\/blog\/wp-json\/wp\/v2\/posts\/423\/revisions\/432"}],"wp:attachment":[{"href":"https:\/\/www.killersites.com\/blog\/wp-json\/wp\/v2\/media?parent=423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.killersites.com\/blog\/wp-json\/wp\/v2\/categories?post=423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.killersites.com\/blog\/wp-json\/wp\/v2\/tags?post=423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}