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Start Accepting Credit Cards In 5 Minutes With No Start Up Fees Low cost. No start-up or monthly fees, no cancellation fees, and no minimum payments. Lower transaction fees than other merchant accounts Quick setup. Sign up and get started in minutes. No extra software or hardware needed Security. As an industry leader in fraud prevention and risk management, PayPal has 60%-70% lower fraud loss rates than other merchant accounts Network of buyers. One in three online buyers in the U.S. has a PayPal account, and over 58,000 users worldwide sign up for PayPal each day.