Discussion in 'Payment Processing' started by vstarr, Jul 22, 2010.
paypal is your choice if you are outside US
Go to paypalsucks dot com and then you will undoubtedly go for Google checkout lol Paypal has loads of small print and they will hold your funds anytime they want. You only have to have one complaint (which maybe from a competitor) and they will freeze your account for up to 90 days.... sometimes even 6 months. Read their small print, most people don't read it because they are programmed by powerful media resources that Paypal is brilliant. Paypal is good for buyers but not so good for sellers. Now they are part of Ebay they are so far up their own back sides they don't give a sh*t about sellers. If they were High Street bankers they wouldn't get away with their small print because it's lunacy for anyone to trust their funds with such rubbish clauses.
I agree with cofton, 2CO may charge a one time $49 but the service is great. However, integration is a bit tougher than PP and thats the only problem you will face.
you can paypal only if you a ctizen of proper country unfortunately. if so use it.
I use and love 2co. Paypal is known to freeze accounts for stupid reasons. Also, someone want to buy something from you and they have been banded by paypal you lose a sale. There are a ton of paypal sucks type of websites out there. This happened a few years ago and I don't know if they changed. When I moved my new address was the same address as someone who owed paypal money. Based on address alone, Paypal took money from me to pay the previous tenant debt. They wanted me to send all type of documentation to prove I was not related to the other person.
Since I sell on ebay and ebay make Paypal pretty much mandatory, I re-opened both paypal and ebay accounts with different information and addresses.
Point is, don't depend on Paypal only.
Paypal is great WHEN they like you...
Thing is they have a reputation for refunding all your clients and shutting you down overnight with no warning whatsoever (been there ) and so you should use 2CO so you get the benefit of Paypal payments BUT you also get the buffer of 2Co IMHO
Everyone is saying positive things about paypal. That is very re-assuring to hear but is there no alternative payment processing to paypal?
paypal shut you down overnight with no warning whatsoever? too bad!
Paypal would be a more popular method but 2CO would be good to offer as an alternative.
It cost 46$ to opne one account? I think it's 49? Or I'm I wrong?
I don't know if 2CO is any good but Pay Pal has a very well known reputation. Now 2CO could be better but I usually go with he more well known product unless I can 100% verify that the alternative is better.
2checkout = worth every penny to be able to sleep at night knowing you positively WILL get the payment, that they will not hold it (try selling on eBay, they hold the money for 21 days or until 3 days AFTER person receives the product if you input tracking details! how do you pay for shipping if they keep the money???)
I sold something on eBay, shipped the product within HOURS of getting the buyer's payment. You'd think that would be good enough to get the money the next day, or at least the day the post office actually delivered it. (I got signature confirmation on the package, I KNOW when post(wo)man delivered!) No, they made me wait another 3 days AFTER! And that's AFTER inputting tracking details the same day I shipped.
Think you will have it better if you only sell digital products and stay away from eBay? Ha! The buyer of a digital product can pay you, take your product, use the product, and then dispute the charges. Don't think that's a bad thing? What if you sold a domain name or a website? With Paypal, your domain is just GONE!
Heck, somebody sold a violin on eBay . . . it had survived World War II and was a verified antique. The buyer paid, got the violin, felt they paid too much AFTER they got the violin, and then instead of returning it they disputed it as a FAKE violin (whiskey tango foxtrot, there is no such thing as a FAKE violin!), and Paypal told the buyer that they only way they could get their $1,200+ dollars back was if they DESTROYED the violin! So the buyer, having been given the OK now to destroy something that possibly survived Auschwitz, not only destroyed it, they took a picture of it and emailed it to the seller. This thing had been in the seller's family for GENERATIONS, and because of Paypal's ignorance, it is now GONE. Not gone as in the money is gone, but now the seller will never have it again. Guess what? They ALSO don't have the MONEY, either! Because since the buyer is claiming FAKE, now Paypal is trying to say that they violated VERO and were selling copyrighted, protected products! Ever try COPYRIGHTING a violin??? Yeah. Good luck on that one, too. Doesn't matter; some twit at Paypal is authority over all, even though certified experts who had appraised the violin prior to the listing had ESTABLISHED it was not a fake.
The only saving grace if someone attempts to steal a domain name or website from you is the DMCA. If you are ripped off by a buyer who then gets Paypal to reverse the transaction so they have the money and the product, too, is for you to constantly do those take-down notices with their hostiing provider and domain registrar. Those sites that are stolen like that are zapped pretty quickly by the hosting company, and sometimes frozen by the domain registrar when you DMCA-notify them. Why? They've got deeper pockets; if the don't take it down, now they are contributing to the theft. That's a felony if the value goes over a certain dollar amount in many states in the US. Because it's the internet, it's "wire fraud". Wire fraud is one of those things banks are supposed to guard against that goes right along with "money laundering". If you can trace back to their bank, you can then get the hosting provider or the bank into a lot of hot water; trust me, those guys take that site down pretty quick when you tell them about it.
Never mind the whole DMCA takedown stuff. Paypal shouldn't put you in that place in the first place.
Now you're probably wondering, if I dislike Paypal so much (major understatement there!), especially with eBay too, then why did I sell my stuff there that way? And I'll tell you. It was something I originally bought on eBay, something I wasn't sure I could sell via Craigslist locally and get a quick sale, and I no longer needed this item so I wanted to get as much as I possibly could for it. That led me back to eBay/Paypal. Also, I just didn't feel like doing the old "meet and greet" and possibly even haggle, to get it sold when the price I listed it for was a bargain. But trust me, I thought long and hard before I clicked that "submit" button on that eBay sell listing!
And besides, like somebody else said earlier, you can sign up for 2checkout, and let THEM take any payments from people who want to use Paypal to pay. So you lose nothing. And yet you have this protection that doesn't have the potential of screwing up your financial life and you can sleep at night. All for only $49 dollars. One time payment.
Worth. Every. Penny.
I been ripped off buying a website with paypal. Paypal told me that they don't protect you from digital products transactions. So they found in favour of the seller and I lost $800
Even though the site he gave me was nothing like the one advertised. This is the only problems I've had with Paypal
I orefer paypal to 2checkout, but if you want a free 2checkout account then use this discount code
Do you mean >> www.2co.xom
i prefer 2co paypal sucks
paypal is the best if you use your PP account for buy. If you use for sell be ready to solve claims
Buy with PayPal
Sell with 2CheckOut!
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