Save money and be informed. CreditDonkey is a credit card processing comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Costco Merchant Services vs PayPal

Costco Merchant Services is a payment processing solution offered through Elavon. How does it compare to PayPal? Read our comparison chart below.

 

Costco Merchant Services

PayPal

 

Benefits and Features

Monthly Fee No monthly fees (additional payment features start at $5/mo)
Good For Accepting Paypal payments; Small businesses with average transaction under $100
Equipment Paypal Zettle card reader: $29 to $79; Zettle Terminal: starts at $199; Printers, and Accessories available for purchase
Accept International Payments 
25 currencies
Customer Service Phone, Email, Live Chat Support, PayPal Community
Fraud Prevention Tools 
Check
Invoice Management 
Check
Pricing Model 
Flat-rate and Interchange-plus
Recurring Billing 
Check
Swipe Rate
  • Tiered Pricing: 1.10% + 12¢ per transaction
  • Flat-rate Pricing: 2.30% + $0.10 per transaction
2.29% + $0.09
Online Rate
  • Tiered Pricing: 1.90% + 25¢ per transaction
  • Flat-rate Pricing: 2.60% + $0.10 per transaction
3.49% + $0.49
Keyed-in Transaction FeeFlat-rate Pricing: 3.20% + $0.10 per transaction3.49% + $0.09 (through Paypal Zettle)
3.09% + $0.49 (through the virtual terminal)
Deposit Time Instant access to the funds in your PayPal account; Or instant deposit to your bank account for 1% fee or 1-2 business days for no fee
Chargeback Fee 
$20
 

CreditDonkey® Reviews

PriceStarStarStarHalf StarEmpty Star
EquipmentStarStarStarStarEmpty Star
ContractStarStarEmpty StarEmpty StarEmpty Star
Customer ServiceStarEmpty StarEmpty StarEmpty StarEmpty Star
EcommerceStarStarStarStarEmpty Star
High Volume BusinessStarStarStarStarEmpty Star
Low Volume BusinessStarEmpty StarEmpty StarEmpty StarEmpty Star
Pros & ConsPros:
  • Works with third-party terminals
  • Industry-specific payment solutions
  • Significant potential savings
Cons:
  • Long-term contract
  • Monthly minimums
Bottom LinePayment processing solution offered through Elavon... Read full review

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Still need help deciding which merchant services is better? Read the in-depth reviews below. You may also be interested in comparing Costco Merchant Services or Square.


Articles on Costco Merchant Services

Costco Merchant Services Review

Before applying, get all the information about Costco Merchant Services' rates, features, benefits, and drawbacks.

Which Do You Think is Best?





Compare PayPal to:


You might also be interested in

Cannabis Credit Card Processing

Cannabis Credit Card Processing

Learn everything you need to know about cannabis credit card processing. You'll find the best processors in the end, too.

About CreditDonkey
CreditDonkey is a credit card processing comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2024 CreditDonkey Inc. All Rights Reserved.