Will online paypal Our Payment system online we "have to trust?

Discussion in 'PayPal' started by Komicwords, May 12, 2009.

  1. #1
    In 1994, $4.6 trillion worth of retail and wholesale purchases were made around the world, according to research firm Killen Associates, Palo Alto, Calif., which recently produced a report on Internet commerce for MCI. About 13% of those purchases, $595 billion worth, were made remotely, by catalog, TV, electronic data interchange, and on-line networks including the Internet. It already lets some third-party retailers to embed its shopping-cart technology in their sites, via an existing Web services tool. The system offers direct access to Amazon's product catalog, as well as the opportunity to build paths to the data stored there. Without a third-party processor, the retailer must establish a direct relationship with the credit card companies, install the proper software to accept card information and make bank transfers. And while credit card companies will often cover cardholders' losses due to fraud, "the businesses have to eat [the losses]," Lewin said.

    And Paypal buries the “no Paypal required” option, so many potential buyers won’t spot it. Second, the payment pages are not beautiful, and are customizable only to a limited extent. This is the payment of choice for countries that do not carry the PayPal service. Wire transfers are risky because the buyer usually has to wire over the funds before the seller sends the items. It seems I need mysite+e-junkie+a payment processor (paypal?). I am wondering what benefit there is using something like e-junkie vs simply going to paypal?where There are several well known online payment services like PayPal,Google Checkout or other new comer .with All there own unique services, fees and processes.the last question now back to the title,will only paypal with all there "you have to follow"be the only payment we should trust for a year to come?or do you have any idea Not to say to?any feed back is welcome
     
    Komicwords, May 12, 2009 IP
  2. mentos

    mentos Prominent Member

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    Yes i only trust PP coz their reputation and they have solid financial background.
     
    mentos, May 13, 2009 IP
  3. Bohra

    Bohra Prominent Member

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    And also they are always trying to make it easier for the users to use by expanding thier system
     
    Bohra, May 13, 2009 IP