Hostway customers may now accept online transactions without having to worry about the logistics and fees of traditional merchant service providers. Instead, fees are based on the dollar amount and volume of transactions processed through PayPal. Because PayPal has nearly 64 million accounts, Hostway customers can open up their businesses to a large global base of potential buyers. All Hostway customers and Web site visitors may sign up for PayPal accounts, and this new service is compatible with all versions of Hostways Merchant Manager. The enrollment process is fast and easy, and customers have the ability to track transactions through customized login accounts. The addition of PayPal services is consistent with Hostways strategy of becoming a comprehensive online solutions provider to its customers. The company expects to add a variety of hosted applications and managed services to strengthen its capabilities to serve the online and IT needs of small and mid-sized businesses.
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