I have had a quick look but couldn't see anything related.
Basically, if we were to accept payments for events on our website, via paypal (essentially a Buy it now! button), as a business, do we need a merchant's account, or will a regular bank account be acceptable?
I may have some confusion in terms. My understanding is you need a merchant's account to accept credit card payments, but as we are using PayPal, is this necessary?
Thank you for any clarification.
disclaimer - I've read What are some options for taking payments on my website? but it doesn't explicitly say if we require a merchant account or not.