Forum Moderators: buckworks
The main reason Paypal has such a bad reputation is that anyone can use it and now every Joe Consumer that is able to use his computer tries to do big international business without being in any way prepared.
If you take your time to read on those Anti Paypal forum you won't believe what greed can do to peoples brains. - If you think it is a great idea to ship those 4000 Dollar computer parts to Nigeria - don't blame it on Paypal.
Furthermore while most people have no problem with issuing a chargeback themselves when they only have the smallest reason for complaint they totally get startled when the same thing happens to them.
Facts as I see it, take it or leave it. If you don't like it, go lecture someone who cares.
It would be nice if we could get back to a sensible discussion on this instead of sniping at one another.
One fact does remain and that is that if you want sell online setting up a Paypal account is the easiest and most cost effective way of doing it. I have been using them for three years, albeit in small way, and I have not had a single problem. I have also had occasion to contact their support people and I found them to be quite efficient and helpful.
If you were chosing a payment bureax on price alone they would always be number one.
Setup fee: £200
Monthly Fee: £30 (six months advance payment req'd)
Transaction Fee: £0.50 (UK Debit Cards)
Transaction Commission: 4.5% on ALL CC transactions
Anti-fraud System Fee: £0.06 per transaction
So to get off the ground With Worldpay it costs me £380 plus the 4.5 % commission charges.
With Paypal it costs me nothing up front, no monthly charges and only 3.4% commission. Isn't this a no brainer?
Just got a quote from Worldpay for their Worlddirect system, which is roughly the same as Paypal.
But wait! Isn't Worldpay a "third party provider"? Sorry, can't use them. ;)
I see all these comments about how PayPal is a third party provider. They all are! The web revolves around third party providers. It's one big party out there and you're welcome to join us!
A competitor of mine's account was frozen because he was selling something that is harmless and perfectly legal in the US and that Paypal does not prohibit selling. It was one of literally thousands of things that guy sells. But Paypal froze his account until he "agreed" not to sell it anymore.
Please identify the "one thing". Then we can form our own opinion of how cavalier PayPal freezes accounts.
And about Paypal's friends, I believe that there are Paypal representatives in this board and they stopped posting in this specific discussion a long time ago.
In my case I am neither a "friend" nor an "enemy" of Paypal. I am trying to approach this topic objectively. I would like to direct you to a thread I responded to last month where you can see what Paypal's #1 friend says about them. It's the third post.
[webmasterworld.com...]