31–40 of 86 posts
They left out the 'Paypal might hold all your funds and make it a pain to get them back' fee.
This is true even if you have your own Merchant Account. Though, if you have your own merchant account, your rep is probably more accessible. While people like to blast PayPal, they all to often forget that merchant accounts are controlled by banks who can be even more uncaring.
I like the site and think its helpful. I have to say it isn't for my case though. I'm using Paypal's website payments pro for my current app, and that comes with a monthly fee not factored here. Also when I looked at using a real merchant account, these fees vary greatly and no one I was looking at was as cheap as 1.8. All the merchants I looked at were more expensive than Paypal percentage wise. I also feel like thi…
Check out the gear thingy under the total volume slider that says "More options? We have some, try the comparison with Paypal Pro..." ;) Apparently, when you were looking for a merchant account, you weren't using FeeFighters to bid down your fees ;) or you would've gotten a better rate. Try us out!
Also, close the original bank account you tied to the PayPal account ASAP, because they can and will withdraw reversed charges and fees without notice, at any time on their whim.
If you find you "must" use PayPal, be sure to keep as little balance in there as possible at all times. Also, close the original bank account you tied to the PayPal account ASAP, because they can and will withdraw reversed charges and fees without notice, at any time on their whim.
Earlier quoted context omitted.
Check out the gear thingy under the total volume slider that says "More options? We have some, try the comparison with Paypal Pro..." ;) Apparently, when you were looking for a merchant account, you weren't using FeeFighters to bid down your fees ;) or you would've gotten a better rate. Try us out!
Have you guys got the ability to support non-American businesses yet?
It seems like you're in China, which would be a really hard market for us to enter. We are expanding though, and will be in Canada in the very near future.
If you find you "must" use PayPal, be sure to keep as little balance in there as possible at all times. Also, close the original bank account you tied to the PayPal account ASAP, because they can and will withdraw reversed charges and fees without notice, at any time on their whim.
There's a way for PayPal to deposit money into your bank account every night at midnight. I forget how I stumbled upon this, but we use it at Carbonmade now.
Use their debit card (or snail mail check) to withdraw, close your bank account tied to PayPal if possible, they will overdraft you someday and cause you as much hassle as closing the account now.
If you find you "must" use PayPal, be sure to keep as little balance in there as possible at all times. Also, close the original bank account you tied to the PayPal account ASAP, because they can and will withdraw reversed charges and fees without notice, at any time on their whim.
There's a way for PayPal to deposit money into your bank account every night at midnight. I forget how I stumbled upon this, but we use it at Carbonmade now.
Earlier quoted context omitted.
This is true even if you have your own Merchant Account. Though, if you have your own merchant account, your rep is probably more accessible. While people like to blast PayPal, they all to often forget that merchant accounts are controlled by banks who can be even more uncaring.
Banks are regulated. PayPal isn't. Presumably that's worth something.
I used to recommend PayPal Website Payments Pro until they screwed me recently. I assumed the people that were abused by PayPal were few and far between until it also happened to me. Now I tell everyone to get a real merchant account. It's just not worth gambling with your ability to process transactions.
If you find you "must" use PayPal, be sure to keep as little balance in there as possible at all times. Also, close the original bank account you tied to the PayPal account ASAP, because they can and will withdraw reversed charges and fees without notice, at any time on their whim.
There's a way for PayPal to deposit money into your bank account every night at midnight. I forget how I stumbled upon this, but we use it at Carbonmade now.