It's also worse if you're in Canada!
7 days to get the funds to your bank, and a $2.00 transaction fee per $100 increment.
On a $500.00 payment, after all was said and done, and then funds were in my account, I was left with $468.00.
Not to mention the echange rate they give you is really bad. They pad it by 4%. So, if the actual rate you get at a bank is 1.21 PayPal gives you 1.17.
Rick
Last I checked that was 3% on each 100.00 increment. Could be wrong, but I have had customers try to pay me over paypal and I lost all my markup and some. I simply refuse the payments
Ben Johansen - http://www.pcforge.com Authorized Witango & MDaemon Reseller Available for Witango Developement
-----Original Message----- From: Stefan Gonick [mailto:[EMAIL PROTECTED] Sent: Wednesday, January 05, 2005 2:46 PM To: [email protected] Subject: RE: Witango-Talk: PayPal Integration
Paypal only charges approximately 3% of each transaction. That number goes down the larger the transaction. That doesn't seem exorbitant to me.
Stefan
At 04:43 PM 1/5/2005, you wrote:/The reason Pay Pal Scare me is there exorbitant fees they charge
Ben Johansen - http://www.pcforge.com Authorized Witango & MDaemon Reseller Available for Witango Developement
-----Original Message----- From: John McGowan [mailto:[EMAIL PROTECTED] Sent: Wednesday, January 05, 2005 2:34 PM To: [email protected] Subject: Re: Witango-Talk: PayPal Integration
We've done the Pay pal integration for customers before, but our customers have gotten complaints from their customers when using the pay pal payment processing. For some reason the name "Pay Pal" scares people away.
We've had better luck for our customers that chose to go with Verisign's payment services via Pay Flow Link for low cost credit card transaction processing...
http://www.verisign.com/products-services/payment-processing/online-paymentpayflow-link/index.html
You still have the up front setup costs with Verisign and the initial fees for setting up a merchant account, but it only costs 19 bucks a month
/John
Steve Smith wrote:
> I've got a client who wants to use PayPal in order to receive payments > for products purchased on a site that I've built for him. Does anyone > have any experience with integrating PayPal's Web Services? I don't > want to use their shopping cart, or their BuyNow buttons but use the > scripting option to send a request from my application with the > transaction's details and let them handle the credit card processing. > > I'd appreciate any information and/or opinions on this. > > Thanks, > > Steve Smith > > Oakbridge Information Solutions > Office: (519) 624-4388 > Fax: (519) 624-3353 > Email: [EMAIL PROTECTED] > Web: _http://www.oakbridge.ca_ > ________________________________________________________________________ TO UNSUBSCRIBE: Go to http://www.witango.com/developer/maillist.taf
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