Do any of you accept credit cards?

Village_Idiot wrote in post #4530995
they have quite the reputation for shady business practices

They actually have a impeccable reputation for conducting millions of transactions every day and do a very reasonable job of protecting the buyer and the seller. Sure there are scammers that figure out a way around their protections but it is very very rare and few and far between. They dont get away with it very long. I have a friend who works in their fraud prevention department and she says they uncover over a 1000 scams a week. It is estimated that within 10 years (after they get into mortgages) they will become one of the largest bank in the world. Check out the stock.

i use paypal but have not tried their virtual terminal....glad it's gotten some positive feedback, i may give it a try

NickSimcheck wrote in post #4530331
I wouldn't trust Gary Evans.








.............

The golfer, the serial killer, or the distinctly average photographer ?

I proof online, and orders are web-based. As a result, I accept PayPal & now BidPay (they recently got into non-auction Visa & MasterCard transactions) as well as the traditional check/money order.

Gary_Evans wrote in post #4532923
The golfer, the serial killer, or the distinctly average photographer ?

Wow you can do all three?

KarlMarsh wrote in post #4531883
They actually have a impeccable reputation for conducting millions of transactions every day and do a very reasonable job of protecting the buyer and the seller. Sure there are scammers that figure out a way around their protections but it is very very rare and few and far between. They dont get away with it very long. I have a friend who works in their fraud prevention department and she says they uncover over a 1000 scams a week. It is estimated that within 10 years (after they get into mortgages) they will become one of the largest bank in the world. Check out the stock.

The problem is that most of the time side with the scammer. It seems so easy to rip people off with pay pal, I've seen it done a million times and 90% of the cases I've seen, they side with the buyer.

That's where the real problem lies. A person that wants to scam you just has to win an e-bay auction, send the money, then when they receive the item (or actually, they just have to wait for it ship) then they put in a complaint and escalate it to a dispute. They will most likely end up with what the person was selling and their money.

The last case I saw had some one enter a complaint after they received a Macbook stating the the hard drive was the wrong size and the DVD drive didn't work. One minute after submitting a claim, they escalated it to a dispute with the reason that after submitting the claim, the e-mailed the seller and didn't receive a response within that time.

It's been more than a month and the seller is still trying to resolve this issue.

It's almost impossible to get a hold of any one there and their business ethics are dispicable.

I had a similar problem where the person ended up with a dispute against me with the reason of "non reciept of item". This was about ten minutes after I sent them an e-mail saying that I had just got done putting the item in the mail.

They also do stuff with non item transactions. One person on another forum (a paralegal) is suing them because they put a hold on his account, accused him of fraud/money laundering, and then sent e-mails to all his clients (from a seperate business unrelated to his paralegal job) telling them that he was performing fraudulent activities. All because he had so many non item transactions.

They have no real insurance against fraud and once they lock your account, it's pretty much wait and see if you're one of the lucky one's to get your money back.

I'd prefer a legit credit card company over pay pal any day of the week, even if it cost most...just for peace of mind and safety's sake.

You say they side with the sellers and then provide an example with the buyer coming out on top. And the example you provide is an ebay problem. Stay away from ebay if you don't want that to happen to you.

bwolford wrote in post #4536537
You say they side with the sellers and then provide an example with the buyer coming out on top. And the example you provide is an ebay problem. Stay away from ebay if you don't want that to happen to you.

Oops, meant to say they side with the buyer. Fixed it.

And the last example had nothing to do with e-bay. That was just a person using paypal to receive payments for a business he ran.

I've only been scammed successfully via PayPal a couple times - because I took a risk and shipped to a non-confirmed address. If I follow the rules and ship only to confirmed addresses, I'm covered. More than once I've had complaints against me with confirmed addresses and each time I have been covered.

Having said that, as of two days ago I'm accepting credit cards directly via authorize.net integration with my proofing website. Upside is it's 100% on my site with no redirects anywhere so it looks a lot cleaner and more professional. Downside is it costs me $25 a month in basic fees regardless of the sales. Transaction fees are pretty much the same as PayPal's.

I have to second Gary. Paypal is not the best, cheapest, or most reliable service. http://www.paypalsucks​.com or http://www.paypalwarni​ng.com for more information.

2.9% + $0.30 USD per transaction see if very much on the high side.
For Paypal Virtual Terminal they wack you another $10 a month for having access to it.

I have heard horror stories about how they have locked up accounts and frozen money just for the hint of illegal activities. Be it real or not. They have gotten better, but they're still not very good at all.

I think the biggest worry is that they are not regulated. They can do a lot of what they would like, your money is not guaranteed and there is no recourse in case you don't agree with their decision.