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Costco Merchant Services vs PayPal

Costco Merchant Services is a payment processing solution offered through Elavon. How does it compare to PayPal? Read our comparison chart below.


Costco Merchant Services



Benefits and Features

Monthly Fee Free account (monthly fees for features start at $5/mo)
Good For Accepting Paypal payments; Small businesses with average transaction under $100
Equipment PayPal Zettle card readers and terminals
Accept International Payments 
25 currencies
Customer Service Phone, Email, Live Chat Support, PayPal Community
Fraud Prevention Tools 
Invoice Management 
Pricing Model 
Flat-rate and Interchange-plus
Recurring Billing 
Swipe Rate
  • Tiered Pricing: 1.10% + 12¢ per transaction
  • Flat-rate Pricing: 2.30% + $0.10 per transaction
Starts at 2.29% + $0.09
Online Rate
  • Tiered Pricing: 1.90% + 25¢ per transaction
  • Flat-rate Pricing: 2.60% + $0.10 per transaction
Starts at 2.59% + $0.49
Keyed-in Transaction FeeFlat-rate Pricing: 3.20% + $0.10 per transaction3.49% + $0.09 (through Paypal Zettle)
3.09% + $0.49 (through the virtual terminal)
Deposit Time Instant access to the funds in your PayPal account; Or instant deposit to your bank account for 1% fee or 1-2 business days for no fee
Chargeback Fee 

CreditDonkey® Reviews

PriceStarStarStarHalf StarEmpty Star
EquipmentStarStarStarStarEmpty Star
ContractStarStarEmpty StarEmpty StarEmpty Star
Customer ServiceStarEmpty StarEmpty StarEmpty StarEmpty Star
EcommerceStarStarStarStarEmpty Star
High Volume BusinessStarStarStarStarEmpty Star
Low Volume BusinessStarEmpty StarEmpty StarEmpty StarEmpty Star
Pros & ConsPros:
  • Works with third-party terminals
  • Industry-specific payment solutions
  • Significant potential savings
  • Long-term contract
  • Monthly minimums
Bottom LinePayment processing solution offered through Elavon... Read full review

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Still need help deciding which merchant services is better? Read the in-depth reviews below. You may also be interested in comparing Costco Merchant Services or Square.

Articles on Costco Merchant Services

Costco Merchant Services Review

Before applying, get all the information about Costco Merchant Services' rates, features, benefits, and drawbacks.

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CreditDonkey is a credit card processing comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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