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Paysystmes charges me 22%

And they say it's fair

         

Harry

12:03 pm on Mar 3, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I got my latest cheque by Paysystems and after they processed various fees, they had taken a total of 22% off my order.

They argues that my method of calculating the fees and charges was wrong. I don't think so. The bottom line is that with all their hidden fees - they add them up every few months - I lost 22% of money I earned.

I've begun removing the Paysystems options from my site' shopping cart. Eventually I will close the account. They still owe me money which will probably be eaten by their various fees. I'm sure they'll come up with a transaction fee for the money they hold back for you for six month!

In this day and age when Paypal is aggressively improving it's products and services, Paysystems should really pay attention.

As customers can use Paypal without having an established account, I see no purpose for Paysystems. The volume of orders from them is already ridiculous, as most customers pick Paypal.

Good luck pisssing off some other merchants Paysystems. You won't be missed.

Morocco

2:18 pm on Mar 3, 2004 (gmt 0)

10+ Year Member



I wouldn't go that far about Paysystems and PayPal.

PayPal hasn't upheld that good of a reputation either. I know some people swear by it, but I think there is also a good portion of people out there who are adamantly against it.