View Full Version : For larger payments?
Kagato
Feb 6th 2008, 8:19 am
If you was selling ads for $100+ or even $1000+ what payment system would you use?
I know PayPal is the most popular but the fee's can get quite high when dealing with larger amounts of money.
Richie_Ni
Feb 6th 2008, 8:23 am
paypal seems to be the best processor there...I use wire transfer when it's $3000+
28081981
Feb 6th 2008, 8:23 am
If you was selling ads for $100+ or even $1000+ what payment system would you use?
I know PayPal is the most popular but the fee's can get quite high when dealing with larger amounts of money.
if u want lis :
moneybookers
e-gold
alertpay
libertyreserve
and many more....
if u r getting ads in 100 n 1000 a per deal, then u shouldn't worry too much abt the paypal fees :D
cheers!
flaco
Feb 6th 2008, 8:53 am
What you COULD do is have your advertisers deposit the money into a PayPal account, and then pay PayPal to PayPal to save on the fees. :)
mixke
Feb 6th 2008, 9:01 am
I know PayPal is the most popular but the fee's can get quite high when dealing with larger amounts of money.
But it is secure too !!
Whitey
Feb 6th 2008, 9:04 am
Paypal is probably best for anything below $3000 mate. Anything above that and it's wire transfer.
cobracrk
Feb 6th 2008, 9:13 am
What would you recomand for 20.000+ ?
redwebs
Feb 6th 2008, 9:39 am
paypal is mine choice :)
microsites
Feb 6th 2008, 9:45 am
What would you recomand for 20.000+ ?
dont use paypal above 600$ .. your a/c will get limited automatically
jestep
Feb 6th 2008, 2:31 pm
There are direct merchant accounts setup for high ticket sales. These are typically used by governemnt contracters and other service industries where customers still want to pay with a credit card.
Rates typically are around 1% but there is a high transaction fee.
Instead of the typical ~2.3% and $.30 / transaction, it runs more like ~1% and $30 / transaction.
For a $20,000 transaction:
Standard: 2.3% + $.30 = $460.30
High ticket: $230
olddocks
Feb 6th 2008, 2:43 pm
Anything above $500 its best to use international wire transfer (SWIFT). If you are in europe you can use IBAN. I would be very careful with PP for sending/receiving anymoney more than $1000.
Further, foreign wire transfer costs $20 @ maximum. If you are in EU and using IBAN its free of charge. I would be happy to pay extra fee for peace of mind.
Huo_Yang
Feb 6th 2008, 2:51 pm
What would you recomand for 20.000+ ?
For that amount, i would always insist that they pay via bank 'wire-transfer' only (for security reasons). If they are willing/able to pay you that kind of money, there shouldn't be any reasons (like: fees, complicated procedure ect.) for them to not accepting to pay via wire-transfer.
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