What Are Some Benefits of Using ProPay?


Quick Answer

ProPay benefits companies by providing a cost-effective way for them to pay commissions, explains ProPay. Companies also have the option to issue a custom-branded prepaid MasterCard card, thereby increasing brand awareness and recruiting opportunities. In addition, businesses can use ProPay to pay vendors who lack checking accounts.

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Full Answer

ProPay allows companies to accept payments in a variety of formats, including debit and credit cards as well as e-checks, notes ProPay. Customers can also accept payments through a mobile web interface, touch tone phone or encrypted mobile card reader. The result is reduced transaction costs and secure payment options.

ProPay is fully integrated with eBay and is an eBay approved payment option, reports ProPay. ProPay enables eBay buyers to pay with a credit or debit card without creating an account. Because a buyer can use the debit or credit card of his choosing, he accumulates reward points on his purchase if his card program offers them. ProPay provides a secure, PCI compliant payment option that allows buyers to review orders and enter payment data on the same page for a faster checkout experience.

ProPay also benefits eBay sellers, states ProPay. Sellers receive introductory pricing for the first year of ProPay use as well as customer service via phone or email. ProPay automatically collects transaction fees and deposits the balance into the seller's ProPay account. ProPay also offers discounted transaction rates to sellers based on the seller's eBay PowerSeller level.

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