[Discuss] payments on the web over 10k?

[jack at coats.org (Jack Coats)]

If I remember the banking rules, PayPal might not want to deal with
this because it REQUIRES a report be made to the Feds for each
transaction at that level.

Might be better to go to a bank to get a commercial account and a
charge card merchant account.  Not as easy as a on-line credit card
service, but could be better in the long run with lower charges.  But
shop around.

A friend with a business has found BofA to be one of the hardest to
deal with and most expensive banks to deal with, but nationally they
seem to be ubiquitous.
><> ... Jack
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On Tue, Aug 20, 2013 at 9:09 AM, Eric Chadbourne
<eric.chadbourne at gmail.com> wrote:
> Hi All,
>
> A client of mine needs a store on his site that can accept payments well
> over $10,000 per transaction.  Paypal can't cut it.  Any suggestions?  These
> guys look interesting, https://www.braintreepayments.com/, but I have never
> used them.
>
> Thanks for any tips!
>
> --
> Eric Chadbourne
>
>
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