Who is better than paypal to receive payments

I'm currently using paypal but for every 100usd I get they are taking like 10 usd!

Anyone know an online company that won't take this fee?

Thanks

bbrian017

 

Another site like paypal is alertpay look at them

 

Do you know their charges are when it comes to receiving payments?

http://www.yawoop.com/

I own a bid link Directory and when I sell a link for 1usd I only get 60 cents!

 

http://www.2co.com/
You can also accept PayPal payment there..

 

Try alertpay my friend, soon they will release a debit card, and for now you can withdraw through Wire Bank.

 

Guys I don't have time to "check out" these places I just need to know of a service provider that doesn't take money from you when you receive it! or as little as possible!


Does anyone know of such a company?

 

When I first started I didn't get much money to me, but now I'm starting to make some decent coin online and I hate seeing paypal take so much!

 

Moneybookers.

 

Most payment processors would charge more than Paypal as Paypal is amongst the lowest in the industry.

Moneybookers levy the fees on the sender so when they send you the money, the sender would have to pay the fees and the one receiving does not pay anything. It however requires the sender to first load their account with their credit card or wire transfer before being able to pay you. It would be costier for your customers in this sense.

E-Gold is even more complicated because e-gold does not do currency exchanges and you need to find people with existing e-gold funds which you would then negotiate to do the currency conversion yourself. Now that e-gold is goind down with the drain with its system being used with money laundering activities may no longer be around much longer in its current state at least.

Alertpay is comparable in fees to paypal if the other party pays you from existing balance at 2.5% + 0.25cents but if they pay you through a credit card, the fees goes up to 5% + 0.25cents . See https://www.alertpay.com/Fees.aspx which would be marginally higher than Paypal almost flat rate for both credit card and existing balance at about 1.9% to 3.4% + 0.30 cents. https://www.paypal.com/us/cgi-bin/webscr?cmd=_display-fees-outside&countries=ROW

2Checkout would charge marginally more. In the real world, the fees are much higher than that levied by Paypal. If you think that you are not making enough money, you can always raise your prices so that your own profit is more than the fees you pay paypal.

 

Screw E-Gold, Screw Alert Pay

Moneybookers.

 

I have a money brokers account I never used it really... I had to sign up in order to pay the member that did the blog design at blogengage blog.

Thanks for the insight eddy2099 it's greatly appreciated! Seem it's sad to say but paypal is the best available...

 

Paypal seems to corner the market. They are by far the most widely accepted so its tough to switch to anything else. I agree with you though the fees are riduculous!

 

Actually, the only thing that Paypal has going for them is that their fees are amongst the lowest in the industry.

Before they came along, other payment processors are charging in access of 10%. I remember about 10 years ago when I sold my software online, I've seen payment processors charging 15 to 25% in service charges. I went to the cheapest option at that time which was Regsoft which was charging only 8.75% which was very low in industrial standard.

Now I am with Plimus and paying on the average between 10 to 15% service charges and I am more than happy to pay for it because I know that if I do not use them, I would not have made the 85 to 90% in the first place and I would probably be begging in the streets.

Best thing to do is not to look at the dollar value but rather how much the parties involved in the transaction, directly or indirectly would benefit you. If they bring in more value than what you pay them for then go for it. In business, it is cooperation and rewarding those who help you.

If you think that you can provide a better or service which is at par with paypal at a lower fees then go for it. But before you do that, ask yourself, are you making more money from your customers than Paypal is making out of you in terms of percentage ? Although your customer is yours, you are paypal's customer in a certain sense.

 

Did you try google checkout? I have google checkout for sites that are charging over $100 per transaction... and now i use paypal micro-payment option for US businesses. They charge $.05 and 5%.

 

paypal changes around 3% + 50 cents while 2co charges 5,5% + 45 cents.
https://www2.2checkout.com/rates.htm

plus set up fee, so eventually they end up charging more.

 

I think you will not find something better than PayPal you might try AlertPay but I prefer PayPal!

 

Paypal is able to offer lowest fees because they cut down on the security checks processes. Other payment processors like 2checkout do perform pre-checks for irregularities before passing it off to the bank for processing the orders. That probably is why there is such a difference in fees between the processors.

 

paypal sucks for anything above only small payments.