Yeah, I read that too, and some of the threads that trailed off from that. My conclusion was that it was an instance (or a small number of instances) where people had problems that don't seem to be the norm. I'd think if it was really as bad as all that, there's be a lot more hue and cry about it. I could be naive.
I will add that for safety sake, both as a buyer and a seller, I created a separate bank account just for Paypal processing, so that if anything funny did happen, it would be limited to the funds in that account. And when I want to buy, I transfer money into the account from my normal account via my bank's web site get sales. Similarly, when I sell something I transfer the money out of that account into the "other" normal one. This limits my exposure and doesn't really add too much hassle. It will certainly make it very clear too, since I use it for nothing else, if any monkeybusiness occurs. I do really doubt that will happen, but you make a good point that people should make informed decisions. Sorry I didn't think to point that URL out. /charlie > -----Original Message----- > From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]On > Behalf Of Graham Faulkner > Sent: Wednesday, April 17, 2002 11:56 AM > To: [EMAIL PROTECTED] > Subject: Re: [CFTALKTor] Credit Card Payment Engine > > > Hi Charlie, > > I would be interested to learn more about your success with PayPal. A few > months ago I was exploring some alternatives, and of course looked at > PayPal. However, I also came across > http://www.paypalwarning.com/ so was a > little hesitant about using them. Any thoughts? > > Blessings, > > Graham > > ----- Original Message ----- > From: "charles arehart" <[EMAIL PROTECTED]> > To: <[EMAIL PROTECTED]> > Sent: Wednesday, April 17, 2002 11:07 AM > Subject: RE: [CFTALKTor] Credit Card Payment Engine > > > > One alternative for credit card processing is PayPal. It's not for > everyone, > > but before you dismiss it, do consider it. It has many pluses and only a > > couple minuses. > > > > You setup a paypal account (free) and use a mechanism on their site to > > create a button you put on your site. Your visitors click on > that to pay, > > and then are directed back to your site to a success or failure page. > There > > are even more clever notification approaches for those interested. > > > > There are pluses and minuses. > > > > Minuses: > > - the payer sees Paypal's site as the place to enter their card. > > - the payer will get a paypal account created if they're not already a > > member (in the process of providing their credit card and contact info, > they > > are asked to create a password for the account, but that's all) > > > > Pluses: > > - again, after filling out the paypal payment form, they are redirected > back > > to your site > > - you receive an email of the transaction, and there are even mechanisms > to > > have your site receive automated notification via a web > notification (code > > examples are provided at the paypal site) > > - you need no code on your site. Just put the HTML code for the "pay" > button > > that their site generates at your request > > - they support not only single purchases, but also a shopping cart for > > multiple purchases, as well as subscriptions and donations > > > > Big Pluses: > > - no merchant service provider required (saving you monthly fees and > > transaction fees and hassles when getting started) > > - low fee per transaction (at worst 2.9% + .30, or 3.20 on a $100 > > transaction) > > - no setup fee, no monthly fee > > - fraud and chargeback protection > > - and more > > > > One you may not notice (and they don't promote): > > - YOU DON'T GET THE BUYER'S CREDIT CARD NUMBER. It's kept at paypal. You > > just get the money (minus the transaction fee) > > > > I'd welcome feedback from others who either have used it or have an > opinion > > about it. I really think it's a great solution for many people. > While it's > > especially well-designed for those who have clients with very > simple sites > > (perhaps not even running something like CF), it does indeed still have > > appeal for more robust sites. It's just an elegantly simple process. > > > > For more info, see > > http://www.paypal.com/cgi-bin/webscr?cmd=p/sell/index-outside. There are > > lots of resources there. > > > > There's also a "demo" button off the page > > http://www.paypal.com/cgi-bin/webscr?cmd=p/web/index-outside to > show what > > the process is like for you as seller and then them as buyer. > > > > I've started using it and I like it. I plan to do an article on it for > CFDJ > > soon, and a user group presentation eventually as well. > > > > /charlie > > > > > -----Original Message----- > > > From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]On > > > Behalf Of david mayerlen > > > Sent: Monday, April 15, 2002 6:45 PM > > > To: [EMAIL PROTECTED] > > > Subject: [CFTALKTor] Credit Card Payment Engine > > > > > > > > > Hi, > > > > > > Anybody have any favourite suggestions for an online Credit Card > Payment > > > engine. I have a client who would like to take credit card > payments for > > > instant fullfillment on an online subscription. They don't need a > > > shopping cart as there are simply a couple of items to check off on a > > > single product page which would lead straight into taking their credit > > > card number and ... > > > > > > I know of a few myself but would prefer to use a service > that provides > > > some good sample Cold Fusion code. > > > > > > Thanks in advance ... and see yah tomorrow at the meeting! > > > > > > ========================================================= > > > | David Mayerlen > > > | Mayerlen Consulting Inc // The Canadian Speculator > > > | [EMAIL PROTECTED] www.specstock.com > > > | 905.833.7495 / 416-505-9470 (Cell) / 905-833-8350 (Fax) > > > ========================================================= > > > > > > - > > > You are subscribed to the CFUGToronto CFTALK ListSRV. > > > This message has been posted by: david mayerlen <[EMAIL PROTECTED]> > > > To Unsubscribe, Please Visit and Login to http://www.CFUGToronto.org/ > > > Manager: Kevin Towes ([EMAIL PROTECTED]) > > > http://www.CFUGToronto.org/ > > > This System has been donated by Infopreneur, Inc. > > > (http://www.infopreneur.net) > > > > > > > - > > You are subscribed to the CFUGToronto CFTALK ListSRV. > > This message has been posted by: "charles arehart" > <[EMAIL PROTECTED]> > > To Unsubscribe, Please Visit and Login to http://www.CFUGToronto.org/ > > Manager: Kevin Towes ([EMAIL PROTECTED]) > http://www.CFUGToronto.org/ > > This System has been donated by Infopreneur, Inc. > > (http://www.infopreneur.net) > > > > - > You are subscribed to the CFUGToronto CFTALK ListSRV. > This message has been posted by: "Graham Faulkner" > <[EMAIL PROTECTED]> > To Unsubscribe, Please Visit and Login to http://www.CFUGToronto.org/ > Manager: Kevin Towes ([EMAIL PROTECTED]) http://www.CFUGToronto.org/ This System has been donated by Infopreneur, Inc. (http://www.infopreneur.net) - You are subscribed to the CFUGToronto CFTALK ListSRV. This message has been posted by: "charles arehart" <[EMAIL PROTECTED]> To Unsubscribe, Please Visit and Login to http://www.CFUGToronto.org/ Manager: Kevin Towes ([EMAIL PROTECTED]) http://www.CFUGToronto.org/ This System has been donated by Infopreneur, Inc. (http://www.infopreneur.net)
