Forum Moderators: buckworks
Never liked paypal due to some horror stories in their early days. Also I believe you have to register with them before paying or the payment procedure looks daunting which creates a hurdle for potential customers.
You have to ask which will give you a) more profit, b) more sales.
Which one takes the most commission?
Where are the majority of your customers from? If the US then paypal is probably better as they may not want to pay a UK site.
Of course you can always offer both options.
I can see no real reason for going with Netbanx and I was just wondering if I am missing something?
Customers who wish to pay using their PayPal account must register to open an account. Same as before.
Customers who want nothing to do with PayPal accounts can pay with a credit card. The merchant can process the credit card thru PayPal Website Payments Pro, but the customer doesn't see the word "PayPal" at all. Funds are settled *immediately* into the Merchant's PayPal account.
A third option is the PayPal Shopping Cart. Again, customers can use a credit card without registering with PayPal, but they are aware that PayPal is involved.
With PayPal's Website Payments Standard, you can still accept credit card payments from customers without PayPal accounts. The Account Optional checkout allows customers to complete payment without creating an account. This feature is available for merchants in most countries, except Germany and some countries where PayPal cannot be used to receive payments.
Some people don't like entering their phone number and can also drop the cart at that stage.
Paypal ask for it Netbanx doesn't.
