How to accept Credit Card Payments without a Merchant Account?

[guitarmax42]

Hey guys does anyone know how to accept credit card payments on a site without setting up a merchant account? I'm only 16, so I have no credit card or credit. Lots of teens set up online businesses, so I know there's a way, I just haven't found it yet. Does anyone know?

[Online Super Sale]

The easy way would be Paypal. You can't open an account until your 18 I believe but your dad could open it, its simple. I think that would be much more reasonable than going for a merchant account, although if you see that you are making money, the merchant account would be the step up to your expansion.

Jonathan

[jmeijers]

Paypal would be the way to go, as you can link that to a bank account. That way you won't need a creditcard.

Another tool that is interesting is Google Payments, but I think they do need creditcard data.

[youngmoneyblog]

only problem with google and paypal is that their fees are super high! you cut your profits significantly if you're generating volume