Best payment processor for selling sites

Discussion in 'Payment Processing' started by thewahm, Nov 18, 2008.

  1. #1
    What do you find to be the best payment processor for domain and website sales? I know for a fact people can get burned using Paypal, so are there any other options people will use?
     
    thewahm, Nov 18, 2008 IP
  2. a3d

    a3d Well-Known Member

    Messages:
    409
    Likes Received:
    6
    Best Answers:
    0
    Trophy Points:
    110
    #2
    I use Egold instead of paypal.
    Also Western Union :)
     
    a3d, Nov 18, 2008 IP
  3. sampathsl

    sampathsl Guest

    Messages:
    861
    Likes Received:
    6
    Best Answers:
    0
    Trophy Points:
    0
    #3
    Is I know in every payment processor, other than Egold a buyer can easily request a chargeback, but now Egold doesn't allow people to create new accounts.
     
    sampathsl, Nov 19, 2008 IP
  4. jestep

    jestep Prominent Member

    Messages:
    3,659
    Likes Received:
    215
    Best Answers:
    19
    Trophy Points:
    330
    #4
    If they're actually worth something, use an escrow service. This way, neither party accepts the transaction until they are both satisfied. It's a little more expensive, but is reliable and is the best way to do transactions like this.
     
    jestep, Nov 19, 2008 IP
  5. Axel1975

    Axel1975 Banned

    Messages:
    133
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    0
    #5
    You can always use PayPal and hold the funds for 30 days. Send the seller access to the website (keep a copy) and hold on to the domain until the transaction has passed the 30 day period allowed for filing a dispute! Of you can withdraw the funds upon completion (PayPal debit card) and deliver the site..
     
    Axel1975, Nov 19, 2008 IP
  6. Essociate

    Essociate Peon

    Messages:
    466
    Likes Received:
    6
    Best Answers:
    0
    Trophy Points:
    0
    #6
    paypal masspay + signed contract with ID scanned
    or escrow. escrow still has some risk too. use moniker escrow instead of escrow.com.
     
    Essociate, Nov 19, 2008 IP
  7. thewahm

    thewahm Well-Known Member

    Messages:
    293
    Likes Received:
    9
    Best Answers:
    0
    Trophy Points:
    110
    #7
    With paypal, since virtual goods are not covered, a buyer could say they never got it and get a refund correct? So really the buyer is not protected and as the seller with no shipping information, I am not covered either correct?

    With the escrow services, the same is possible correct? They sent payment to escrow, you hand over the site or domain then they say the never got it and get a refund?

    I am trying to find a way to do this were both parties are protected.
     
    thewahm, Nov 19, 2008 IP
  8. Essociate

    Essociate Peon

    Messages:
    466
    Likes Received:
    6
    Best Answers:
    0
    Trophy Points:
    0
    #8
    moniker escrow becomes the registrar so the risk of the buyer claiming they did not receive the name/leaving the prior owner's info is eliminated
     
    Essociate, Nov 19, 2008 IP
    gemini181 likes this.
  9. Chancey

    Chancey Well-Known Member

    Messages:
    3,933
    Likes Received:
    24
    Best Answers:
    0
    Trophy Points:
    130
    #9
    Try Escrow. I heard that they are safe for both parties.
     
    Chancey, Nov 19, 2008 IP
  10. mentos

    mentos Prominent Member

    Messages:
    15,280
    Likes Received:
    473
    Best Answers:
    0
    Trophy Points:
    330
    #10
    IMO 2co is best for domain & website sales.
    Coz i don't received and chargeback or non delivery from buyer
     
    mentos, Nov 20, 2008 IP
  11. gemini181

    gemini181 Well-Known Member

    Messages:
    2,883
    Likes Received:
    134
    Best Answers:
    0
    Trophy Points:
    155
    #11
    I would sure hope there is a safe way to sell sites.
    Moniker sounds like a good choice.
     
    gemini181, Nov 20, 2008 IP
  12. thewahm

    thewahm Well-Known Member

    Messages:
    293
    Likes Received:
    9
    Best Answers:
    0
    Trophy Points:
    110
    #12
    That Moniker’s is pretty expensive. For a domain name $1 - $500.99 they charge $50. So for a domain that would be 40 the seller would make no money for, the sale.
     
    thewahm, Nov 20, 2008 IP
  13. gemini181

    gemini181 Well-Known Member

    Messages:
    2,883
    Likes Received:
    134
    Best Answers:
    0
    Trophy Points:
    155
    #13
    Well..

    I'm willing to admit when I'm wrong.
    Anyone else have good ideas? :D
     
    gemini181, Nov 20, 2008 IP
  14. brand35

    brand35 Peon

    Messages:
    112
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    0
    #14
    I don't see anyone mention Moneybookers here? I've seen other people mention them in favorable terms (especially for domain name and site sales), and I was kind of thinking of using them myself. Does anyone here have any experience with them?
     
    brand35, Nov 20, 2008 IP
  15. gemini181

    gemini181 Well-Known Member

    Messages:
    2,883
    Likes Received:
    134
    Best Answers:
    0
    Trophy Points:
    155
    #15
    Yes, I've used them to receive and send money.
    I trust them 100% (until given a reason not to)

    >>> The only problem is whether your potential buyers want to sign up, and fund, their account. <<<


    EDIT: The sender (buyer) also has to pay ~1% in fees, and the receiver (seller) pays zero fees before withdrawing money.
    If you (later) spend that money, then your only fee is the 1% sender fee, so Moneybookers can be a great deal.
     
    gemini181, Nov 21, 2008 IP
  16. brand35

    brand35 Peon

    Messages:
    112
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    0
    #16
    Thanks for the reply, gemini. I'm using MB for my sports betting accounts, so for that purpose they're fine. As you said, though, the buyer should either have a MB account, or be willing to open one.
     
    brand35, Nov 21, 2008 IP
  17. Dr.

    Dr. Banned

    Messages:
    154
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    0
    #17
    Moneybookers !can withdrawal to banks and not have anychargebacks
     
    Dr., Nov 21, 2008 IP
  18. trochta

    trochta Peon

    Messages:
    135
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    0
    #18
    Escrow is good. I used them for all my purchases and sales.
     
    trochta, Nov 21, 2008 IP
  19. thewahm

    thewahm Well-Known Member

    Messages:
    293
    Likes Received:
    9
    Best Answers:
    0
    Trophy Points:
    110
    #19
    You know someone could make a killing if they offered a LEGIT service like Paypal for virtual real estate sellers.
     
    thewahm, Nov 26, 2008 IP