Will No Paypal Kill Business?

Discussion in 'eCommerce' started by rob587, Jan 19, 2012.

  1. #1
    I am building an ecommerce site that will sell web apps and information products. Will not having Paypal as a checkout option kill my business? Even if I allow checkout with credit cards and other payment options?

    My Paypal account has been locked forever due to a dispute. They want $1500 to open it, even though I got scammed. Is it worth it? I know it probably is in the long run, but I don't know if I can overcome the principal of not giving into those Paypal Mother F*****'s!:mad:
     
    rob587, Jan 19, 2012 IP
  2. StarmarkCreatives

    StarmarkCreatives Member

    Messages:
    44
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    43
    #2
    Not necessarily, there are lots of other payment options, have you looked into google wallet? or potentially your own merchant account ? Having your own merchant account allows you to fully customise your payment gateway, which looks much more professional
     
    StarmarkCreatives, Jan 19, 2012 IP
  3. robestrong

    robestrong Peon

    Messages:
    33
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #3
    I've gotten an account suspended before (although I got it un-suspended after a phone call). It's a really terrible feeling. Can't you use a friends?
     
    robestrong, Jan 19, 2012 IP
  4. assistantshoppingbangkok

    assistantshoppingbangkok Peon

    Messages:
    4
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #4
    You should have it.Open a new Paypal acccount by using one of your family member name.You look less trustable for many customers without Paypal.
     
  5. jestep

    jestep Prominent Member

    Messages:
    3,659
    Likes Received:
    215
    Best Answers:
    19
    Trophy Points:
    330
    #5
    You got scammed and Paypal lost $1500 real dollars on your account. How are they the scammers? You should be upset at the buyer and not Paypal...
     
    jestep, Jan 20, 2012 IP
  6. spamstopper

    spamstopper Peon

    Messages:
    18
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #6
    Yes not having Paypal account is great negative step towards your business darkness. you must have a Paypal account for success of your business because most of users uses Paypal. I am having an advise for you.
    You must not pay $1500 to Paypal but you should create a new Paypal account.
     
    spamstopper, Jan 20, 2012 IP
  7. Endless Rain

    Endless Rain Member

    Messages:
    244
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    33
    #7
    There was once that my paypal got suspended I was very upset at that time. And then one of my friends told me that I can still access it through calling paypal cs. So, I called them through gtalk and then I got my paypal back.

    It's better to open a new paypal account. Don't pay that large amount of money when there's still other way that you can't spend money in dealing with the problem.
     
    Endless Rain, Jan 20, 2012 IP
  8. BassHead

    BassHead Peon

    Messages:
    30
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #8
    In my experience it won't kill your business, but you're shooting yourself in the foot if you don't have access to paypal on your ecom site. Just my 0.02
     
    BassHead, Jan 20, 2012 IP
  9. aces7

    aces7 Peon

    Messages:
    37
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    0
    #9
    i think people see paypal as a trusted authority
     
    aces7, Jan 24, 2012 IP
  10. Deji

    Deji Member

    Messages:
    59
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    38
    Digital Goods:
    3
    #10
    It won't necessarily kill business. However, you are better off having a Paypal account or in the very least, a way to accept Paypal payments. This is because Paypal is very popular. However, some payment processors will accept Paypal payments on your behalf after which you could tell them to send you a check.
     
    Deji, Jan 24, 2012 IP
  11. JPC-Sabrina

    JPC-Sabrina Member

    Messages:
    461
    Likes Received:
    8
    Best Answers:
    0
    Trophy Points:
    33
    #11
    It won't kill your business but you could lose some business. The fact that you don't have paypal as a form of payment also takes away some of your credibility as well. But, there are alternatives and you can do business without it. If you are opening an e-commerce site than you may want to consider what the cost of paying the disputed amount with paypal is vs. the cost of loss business because you don't have that payment option.
     
    JPC-Sabrina, Jan 24, 2012 IP
  12. WebDev Solutions

    WebDev Solutions Well-Known Member

    Messages:
    1,644
    Likes Received:
    80
    Best Answers:
    2
    Trophy Points:
    170
    #12
    Although I'm not a fan of Paypal due to their business morals and the way they treat their customers, it's certainly a disadvantage if you opt to not use Paypal as a payment processor. Unfortunately they are such a large monopoly these days that they are widely trusted (God knows why!!) and your sales will most probably convert higher if Paypal is after as a payment option.

    WebDev
     
    WebDev Solutions, Jan 24, 2012 IP
  13. frozzy

    frozzy Peon

    Messages:
    247
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #13
    There is a way to open a paypal account on a company or you can open it on your wife or on any other relative, in case you trust them.
     
    frozzy, Jan 24, 2012 IP