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Old 08-17-2008, 10:55 PM   #1
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Default Online Credit Card Payment?

Hi,

We all know that, with Paypal, we
can store money in the account,
and use that money to pay other
merchants who also have Paypal.

But I was wondering, if we can
do the same with the Credit Card Merchant
account?

Since my prime currency is not USD,
it's good when I see the merchant
accepts Paypal so I can just use
my USD funds in my Paypal to pay
the merchant.

However, when they only accept
credit cards. Such as, IMC, or
even bigger companies like Amazon.
Along with some other companies,
they don't accept Paypal and I will have
to use my credit card in my own currency,
thus having to pay for the unneccesary
currency transfer fees when I
could just use the USD funds
in my Credit Card account to pay.

Does anyone know if I can do that?

Cheers,
Terry

Last edited by Terry M.; 08-17-2008 at 11:00 PM.
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Old 08-17-2008, 11:11 PM   #2
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Default Re: Online Credit Card Payment?

Terry,
No they don't. Merchant accounts are linked directly with your checking account and transfer funds via ACH Direct Deposit transfers (typically taking 1-3 business days).

eTrade does have an option of setting up an account and earning interest via their money market accounts (MM accounts do have withdraw/transaction restrictions usually). eTrade is available in most countries I believe, and you would be able to link a credit card merchant account directly to the eTrade account.

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Old 08-17-2008, 11:19 PM   #3
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Default Re: Online Credit Card Payment?

Quote:
Originally Posted by Brian Tayler View Post
Terry,
No they don't. Merchant accounts are linked directly with your checking account and transfer funds via ACH Direct Deposit transfers (typically taking 1-3 business days).

eTrade does have an option of setting up an account and earning interest via their money market accounts (MM accounts do have withdraw/transaction restrictions usually). eTrade is available in most countries I believe, and you would be able to link a credit card merchant account directly to the eTrade account.
hi Brian,

Can you give me the URL for etrade?
I tried etrade.com but that didn't look
like it.

Thanks!
Terry
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Old 08-17-2008, 11:24 PM   #4
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Default Re: Online Credit Card Payment?

Quote:
Originally Posted by Terry M. View Post
hi Brian,

Can you give me the URL for etrade?
I tried etrade.com but that didn't look
like it.

Thanks!
Terry
Terry,
I was directed to the eTrade USA site (because of my IP)... not sure if there are others.

Money Market:
https://us.etrade.com/e/t/welcome/moneymarket

MaxRate Checking:
https://us.etrade.com/e/t/welcome/maxratechecking

eTrade/Standard Checking:
https://us.etrade.com/e/t/welcome/regularchecking

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Old 08-17-2008, 11:41 PM   #5
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Default Re: Online Credit Card Payment?

Quote:
Originally Posted by Brian Tayler View Post
Terry,
I was directed to the eTrade USA site (because of my IP)... not sure if there are others.

Money Market:
https://us.etrade.com/e/t/welcome/moneymarket

MaxRate Checking:
https://us.etrade.com/e/t/welcome/maxratechecking

eTrade/Standard Checking:
https://us.etrade.com/e/t/welcome/regularchecking
I was being directed to this site Brian.

https://us.etrade.com/e/t/home

Thanks for links, I will take a look.
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