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Paypal
- Thread starter stender
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- Mar 12, 2005
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Actually PayPal is cheaper than credit card companies and they pay a lot faster.
It just doesn't look very professional and the general public don't understand it.
It just doesn't look very professional and the general public don't understand it.
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stender said:
That must have been on about 90p.
OK. On a real transaction, say £50 from NameDrive, they will charge £1.90, which is 3.8%. This is better than any credit card company.
As the amounts go up, the charges come down.
People who complain about PayPal generally haven't had to deal with Barclaycard Merchant Services.
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Paypal charges way more than a decent CC processor.
I pay, on average 1.7 - 2.0 % AND have FAR less of a chance of having the buyer default and me losing my $$$.
In 16 years of accepting CC's I have had a handful of disputes (maybe 3-4) with MC, Visa, Amex and have never had the money taken from me. It's been held until the dispute was resolved or I provided proof the product was delivered or a complaint was answered but never lost the $$$.
Maybe 4 years with PP and had money taken more than once for products sold and delivered with proof. They didnt care or listen.
PP is a necessary evil and I use it all the time. Almost everyday but they're not good by any stretch.
I pay, on average 1.7 - 2.0 % AND have FAR less of a chance of having the buyer default and me losing my $$$.
In 16 years of accepting CC's I have had a handful of disputes (maybe 3-4) with MC, Visa, Amex and have never had the money taken from me. It's been held until the dispute was resolved or I provided proof the product was delivered or a complaint was answered but never lost the $$$.
Maybe 4 years with PP and had money taken more than once for products sold and delivered with proof. They didnt care or listen.
PP is a necessary evil and I use it all the time. Almost everyday but they're not good by any stretch.
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togoodhlth said:
Unless you are turning over £250K+ a year, I don't know of any CC processor who's charges are that low. (That's normal charges plus online facilities.)
Barclaycard charge in the range of 3.5 to 5.3% and are total bastards to deal with.
Please name this wonderful company.
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FC Domains said:
I think it may be worth you trying to renegotiate your rates Colin! Our CC rate is within the range quoted by togoodhlth and that is for a reasonably high risk area (computer components online, cardholder not present) and with a turnover of a lot less than £250k.
That's with HSBC for the merchant account and Protx for the egg headed secure processing. Both are pretty good to deal with.
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Paypal is fine
Paypal is fine
Paypal is fine
Last edited:
Google checkout seems to be competitive.
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- Jul 11, 2008
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Google has been talking about kicking paypal's weaselling face in for a while but google has so many fronts to fight that I fear it maybe a while.
They have yet to take on facebook/twitter/myspace, they are fighting microsoft with chrome, even tho they are a huge company there can only be so many battles before it goes yahoo.
They have yet to take on facebook/twitter/myspace, they are fighting microsoft with chrome, even tho they are a huge company there can only be so many battles before it goes yahoo.
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