To add to this: Think like your customer. Reduce the anxiety of making a transaction with you (a stranger) as small as possible. A lot of people (i.e. potential customers) use PayPal. The reason that most use it is because it is familiar, combined with this, many will use it because it offers them a level of protection when it comes to privacy and fraud.
i.e. they don't have to provide you or another third party with their personal details (because they already have a PayPal account). I did get burned by PayPal (the first time I moved a large quantity of money around they wanted to do some checks before allowing me to do so). But this isn't any reason to stop using it. Since those checks were done it's been plain sailing. Whichever system you use, it is worth having a backup system for people that would rather use an alternative means. Because whatever system you choose you will always get a handful of costumers that request an alternative for some reason or another. Dave ------ David Kennedy (http://www.zenopolis.com) On 7 Aug 2010, at 02:08, Daniel Jalkut wrote: > On Aug 5, 2010, at 4:08pm, Scott Morrison wrote: > > > Why not use a payment processor such as esellerate or fastspring -- I know > > that Esellerate does subscription payments. I have just heard of too many > > people get burned by paypal. > > There are lots of anecdotal stories about people getting burned by PayPal, > and I feel for those people where the problems occurred. > > But often when you read into it deeper you realize the people were doing > something slightly amiss, like using a personal PayPal account to engage in > business transactions, or creating a PayPal account days before accepting > massive $thousands of dollars of transactions. I.e. doing things that look > like fraud. > > I'm not sure what the magic bullet is for avoiding these fraud-flags at > PayPal, but I have so far (knock on wood) had no problems and I think it > helps that my account is in my business's name, is linked to a legitimate > bank account, and it may also help that it's a Website Payments Pro (monthly > subscription fee) account. > > I only took the time to chime in because, although PayPal gets a lot of flak, > I consider them a really useful part of my business and they have saved me a > lot of time and money over the years, if I add it all up. The perfect > compromise for what I need. Rock bottom commission fees with a completely > customizable public-facing UI. [Non-text portions of this message have been removed]
