Paypal vs 2co

Discussion in 'PayPal' started by commandos, Sep 25, 2006.

  1. #1
    why does people sometime choose to go with 2co ?

    i saw that they take 5,5% paypal i think take between 1,9 and 2,9% on each sale .

    paypal setup is free , while 2cho is 49$.

    So why people go with 2co ?

    Thank's
     
    commandos, Sep 25, 2006 IP
  2. nohaber

    nohaber Well-Known Member

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    #2
    Because there are a lot of people like me who don't have paypal (my country is not supported). And sites with only paypal are losing money because of that (for example, at least 15 directories have lost money because I can't submit my sites to them, for they only support paypal).Best thing is to have both.
     
    nohaber, Sep 25, 2006 IP
  3. Connections

    Connections Well-Known Member

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    #3
    paypal is smart they are not going to sign up in countries which harbour dodgey people who commit credit card fraud over and over,

    they take all the big countries first and then the smaller ones next, the ones that are still left out obvously have not met their business needs or the laws in this specific country are bad.
     
    Connections, Sep 26, 2006 IP
  4. b.a

    b.a Peon

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    #4
    completely agree with @nohaber
     
    b.a, Sep 26, 2006 IP
  5. chops

    chops Well-Known Member

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    #5
    5.5% is a stinker!! Surely there must be some competitors in this market-place?!
     
    chops, Sep 26, 2006 IP
  6. eddy2099

    eddy2099 Peon

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    #6
    Paypal only supports 55 out of the almost 200 countries in the world while on the other hand 2CO accept customers with credit cards and sellers from all the countries.

    Of course the 55 countries, only 42 of which can receive money.

    So if your target market is within the 55 countries then that's fair.

    If you can, offer both options on your website so that you can cover as wide an audience as possible.
     
    eddy2099, Sep 26, 2006 IP
    britishguy likes this.
  7. MrRadic

    MrRadic Active Member

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    #7
    2CO also has fraud screening for each order, which makes life a lot easier.
     
    MrRadic, Sep 26, 2006 IP
  8. britishguy

    britishguy Prominent Member

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    #8
    Spot on eddy2099 the correct answer 'right on the button':)
     
    britishguy, Sep 26, 2006 IP
  9. ktmonline

    ktmonline Well-Known Member

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    #9
    many countries paypal has no access and access limits CC varifies so so ,2co is better
     
    ktmonline, Sep 26, 2006 IP