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What other payment processors offer seller/buyer protection?

Discussion in 'Payment Processing' started by VirtualHelp4U, Aug 9, 2017.

  1. #1
    Hi and thanks for looking at my post. I was just curious to if there are any other payment processors out there that offer seller / buyer protection.

    I ask because a I have been buying stuff from a specific company for awhile and now have heard of orders not being fulfilled by them like they should be. The company is now asking people to pay with something called square instead of PayPal but I couldn't find alot of information on it.
    SEMrush
    Which made me curious not only about Square but other payment processors that should be avoided or used based on seller/buyer protection.

    Thanks again for any help in advance.
     
    VirtualHelp4U, Aug 9, 2017 IP
    SEMrush
  2. DanielBlue

    DanielBlue Greenhorn

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    #2
    If a company is asking to pay by a payment processor that only few people use and not offering any alternative than for me this smells fishy.

    So I ask myself, why are they not offering paypal? Why no cc? Most consumers have an account with PP and nearly all buyers trust in PP. Did they get banned from using it?

    You can also contact them and ask if they maybe offer PP or another processor that you prefer or if square is the one and only. If not, then…

    Hope that helps.
     
    Last edited: Aug 10, 2017
    DanielBlue, Aug 9, 2017 IP
  3. dcristo

    dcristo Illustrious Member

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    #3
    Your credit card should offer buyer protection. If the order is not fulfilled you can initiate a chargeback.
     
    dcristo, Aug 10, 2017 IP
  4. VirtualHelp4U

    VirtualHelp4U Peon

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    #4
    Thanks guys.
     
    VirtualHelp4U, Aug 10, 2017 IP
  5. promita rawat

    promita rawat Member

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    #5
    if you not sure about purchasing, hire escrow service. you will be safe.
     
    promita rawat, Aug 12, 2017 IP
  6. jestep

    jestep Prominent Member Premium Member

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    #6
    As stated, your credit card offers very good protection if you purchase something and the seller doesn't live up to their end of the transaction. This can be something like not delivering at all but even covers if the product you receive isn't properly represented by what you purchased. In any case, you just need to call your issuer and request to dispute the transaction. I would always try to contact the seller and ask for a refund or more information, sometimes things happen, but if that fails, your issuer will help.
     
    jestep, Aug 16, 2017 IP