Agreed, most of us hate Pay Pal. Do we have an alternative?

Discussion in 'Payment Processing' started by link_dev, Apr 4, 2007.

  1. #1
    I love pay pal, even though there were fraudulant charges to my debit account attached to Pay Pal twice to the tune of $5000. Pay Pal has resolved it and credited back to my debit account promptly. What i hate most is they don't admit it, that it is their buggy application which is causing most of fradument charges, primary email id edits etc.

    I still love the way they have innovated the method of sending/receiving payments and continue to use their services.

    If there are better alternatives, i would love to consider.
    Please suggest.
     
    link_dev, Apr 4, 2007 IP
  2. Mia

    Mia R.I.P. STEVE JOBS

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    #2
    Sure, barter... For the most part, I would have to say dealing with PP has been much easier and way more pleasant than dealing with the CC companies out there.. Frigin Vultures!
     
    Mia, Apr 4, 2007 IP
  3. link_dev

    link_dev Peon

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    #3
    I would say paypal is what google is in search engine space. It is hard for anyone to find an alternative to Pay Pal.
     
    link_dev, Apr 4, 2007 IP
  4. ewriter

    ewriter Banned

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    #4
    I dont see any alternative for paypal right now.
     
    ewriter, Apr 4, 2007 IP
  5. MarcL

    MarcL Notable Member

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    #5
    moneybookers, e-gold, alertpay... those are all i really use.
    I really dont like paypal at all but I have to use it because thats all any accepts
     
    MarcL, Apr 4, 2007 IP
  6. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #6
    Moneybookers,e-gold and 2CO are other alternatives of paypal. But no one is as popular as paypal IMO. All knows that paypal sucks but still love it :D because there is no any other option they have :p
     
    deluxdon, Apr 4, 2007 IP
  7. uttoransen

    uttoransen Prominent Member

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    #7
    money bookers is nice, it is a very good alternative for paypal. cheers!:D
     
    uttoransen, Apr 5, 2007 IP
  8. dmi

    dmi Well-Known Member

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    #8
    MoneyBrookers, not as popular as PayPal, but sure as good as PayPal, even better.
     
    dmi, Apr 5, 2007 IP
  9. monawea

    monawea Guest

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    #9
    I do wish there were more options that others trusted. PayPal has become THE way to exchange funds online.
     
    monawea, Apr 5, 2007 IP
  10. link_dev

    link_dev Peon

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    #10
    I agree. We don't want to go through headaches moving to payPal alternatives at this time.

    Pay Pal is like windows OS on our desktops. Even though our computers are hacked with new viruses every now and then, we still continue to use Windows OS.
     
    link_dev, Apr 5, 2007 IP
  11. roadies

    roadies Well-Known Member

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    #11
    Google Checkout is still up and coming. Keep an eye out for their future web services as they learn the market.
     
    roadies, Apr 5, 2007 IP
  12. alistdirector

    alistdirector Guest

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    #12
    i despise paypal but continue to use them as i get more customers.
     
    alistdirector, Apr 5, 2007 IP
  13. tdm300

    tdm300 Active Member

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    #13
    Paypak is the only option out there if you want customer.
    I like money0bookers, but some reason nobody uses it.
    Egold is just too unsafe.
     
    tdm300, Apr 5, 2007 IP
  14. 3plains

    3plains Well-Known Member

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    #14
    If you want to maximize your customers, paypal is a must.

    Google has some potential.
     
    3plains, Apr 5, 2007 IP
  15. eddy2099

    eddy2099 Peon

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    #15
    Google Checkout is not even in the same league as Paypal. Google Checkout is nothing more than a cheap alternative to 2checkout.com . It is just a one way 3rd party credit card processor. Paypal does a lot more by being more a currency altogether by allowing people to transfer paypal funds to other paypal members, something which Google Checkout cannot do.
     
    eddy2099, Apr 5, 2007 IP
  16. link_dev

    link_dev Peon

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    #16
    google tried to step into everybody's shoes but it failed miserably. It's copycat success started with search engine and is going to stop with google.
    :eek:
     
    link_dev, Apr 5, 2007 IP
  17. sebastya

    sebastya Well-Known Member

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    #17
    paypal is just like ebay...it sucks..but everyone still uses it..

    ebay owns paypal, what a coincidence.
     
    sebastya, Apr 5, 2007 IP
  18. Mui2000

    Mui2000 Peon

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    #18
    Hello to all Mature Content Business Owners. Here is my experience. I started out with Pay Pal when I first got into the biz. Didn't know any better. My account grew to 6000 per month in transactions. One morning I woke up and found my account limited for 6 months. lost all my subscriptions. I was back to square one. It felt like my life was over. For two days I was looking for some one to process. I filled out a ton of application with everybody. Here are some good ones that are working for me.

    Alertpay - www DOT alertpay DOT com. Real easy to set up. $0 set up fee 6 percent processing. They pay on time. However please note they may decide to never allow you to process wth mastercard. So you only have Visa and Amex. Two month ago they claimed that they have stopped processing adult sites "(Claimed)". It's in their new terms and conditions. I had $3221 in my account balance which I had set up for withdrawal and about $4000 per month in subscriptions. Limited until 30 days.

    2. Multicards - www DOT multicards DOT com. Set up fee is $99.00. They initially had mastercard then they lost it now they only process Visa, Amex and Diners. Pay weekly after 30 day hold. 10% 6 month reserve. Charge backs will cost you a 45 Euro fine "fee." Wire fees $25.Charge backs must be below 1% or you are in trouble.

    3. Cyberbillsolutions - www DOT cyberbillsolution DOT com. $0 Set up fee. 10% 6 month reserve. 12% processing. All major credit cards and checks accepted except Amex. They pay 3 times monthly after a 30 day hold. Watch your charge backs or your toast.

    4 Globill DOT net - www DOT globill DOT net - 0 set up fee. 5% - 10% 6 month reserve. 3-8% processeing. They pay twice monthly after a 7 day hold. Wire tranfer fees form South Africa ($45). Only Visa and Master Card.

    I have more guys. Remember get ready to get screwed. For every dollar you make expect 10%-25% in fees. However adult sites make a killing. Thats the name of the game. If your smart, pass on the fees to the consumer.

    Banking a good lncome of 15k - 20k per month. I believe with a little more hard work I can double or triple that.

    Remember these credit card processors are not your friends. Have more than one. Distribute risk and income sources. Don't wake up one morning and find out that you are out of business.

    Watch your charge backs. I could stress that any more. If a customer complains remember refunds are cheaper than charge backs.

    I just thought I give back to all those wonderful posts that helped me when pay pal dropped the ball on me. Got to run. Good luck, Merry X-mas.
     
    Mui2000, Dec 19, 2008 IP
  19. moneymanus

    moneymanus Peon

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    #19
    Paypal is like GOD. We know God will kill us. But we still obey him
     
    moneymanus, Dec 19, 2008 IP
  20. Shafiq Kamal

    Shafiq Kamal Active Member

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    #20
    Lol...........................:D
     
    Shafiq Kamal, Dec 24, 2008 IP