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Thread: 2checkout Vs Paypal
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11-13-2003, 05:07 PM #1Disabled
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2checkout Vs Paypal
Personally since it’s such a heated debate I prefer to offer my clients both payment methods. Any insights on what you guys use and prefer? If so please state your reasoning. Thank you very much.
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11-13-2003, 05:09 PM #2Web Hosting Master
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We use paypal and 2Checkout. If I had known earlier I would have signed up for PaySystems simply because their transaction fees are cheaper than 2Checkout. Anyways let us know on what you choose
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11-13-2003, 05:32 PM #3Web Hosting Master
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The two shouldn't be compared, as the service is completely different.
The only reason we still allow paypal orders is because of the vast number of people who have paypal accounts for a lot of their online spending needs.
2CO get's too much bad press, they are not nearly half as bad as people make them about to be. The support from 2co is great, the payments are made on time, the only drawback is their ongoing receipt of ddos attacks.
Paypal, on the other hand, offer sellers little protection, and if they do, it's only because you just happen to speak to the right person, which is around a 1 in 50 chance.
Only 3 days ago we terminated a users account for a massive spamming incident, the guy had been with us for 5 months, and somehow Paypal saw the need to refund his full 5 month's worth of payment, even though it was a 180 turn on what they state in their service agreement. This would not happen at 2co, or any reputable processor.EIRCA Ltd, home of The Genius Network™.
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11-13-2003, 05:42 PM #4Web Hosting Guru
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If you do not have a US bank account, then consider Paypal. 2Checkout cost a lot for transferring money to your local bank account by wire transfer. $36 and $3 less for $100 fund incremental. And local bank will charge a certain processing fee for accepting wire transfered fund...
2Checkout does not offer free trial function but Paypal doesCyber Ultra Network - Reliable Budget Web Hosting Provider Since 2003
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11-13-2003, 05:44 PM #5Web Hosting Evangelist
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I would have to suggest to use both.
Some customers have paypal and always want to use it to pay for services, easier to keep track of your accounts.
Others who are not so internet savvy will want to just plug in their CC number and be done with it.
Paysystems does look good and we are thinking of making that change in the near future.
Currently we have 2CO and Paypal.
Chris
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11-13-2003, 05:44 PM #6Web Hosting Master
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Originally posted by cyberultra
If you do not have a US bank account, then consider Paypal. 2Checkout cost a lot for transferring money to your local bank account by wire transfer. $36 and $3 less for $100 fund incremental. And local bank will charge a certain processing fee for accepting wire transfered fund...
2Checkout does not offer free trial function but Paypal doesEIRCA Ltd, home of The Genius Network™.
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11-13-2003, 05:50 PM #7Web Hosting Guru
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But no DD to Singaporean bank account..
Only check and wire transferCyber Ultra Network - Reliable Budget Web Hosting Provider Since 2003
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11-17-2003, 09:39 PM #8WHT Addict
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Dont' use PayPal, it is really a rubbish, PayPal can post a limit on your account, and your money will belong to PayPal, that is the way they earn money.
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11-17-2003, 09:57 PM #9Junior Guru
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I personally prefer paypal, but its always best to give your clients options so i use both.
thank you.Rogelio Hackett
Remedy Hosting Services
RogelioH@RemedyHosting.Com
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11-17-2003, 10:22 PM #10Web Hosting Master
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Paypal was developed and designed for Auction Sales payment and personal funds transfer. Although it has evolved to some extend, it is nevertheless still one which requires physical goods transfer for any form of protection. Paypal is also restrictive in the countries which payment can be received and paid to.
2Checkout seems to be built with Webhosting in mind and provide an additional framework for it.
If given a choice, I'll go for 2checkout.http://www.batchimage.com - Offering Batch Image Processing and TIFF/PDF Software Solutions
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11-18-2003, 01:12 AM #11Web Hosting Master
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<3 2CO & Paypal
josh
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11-18-2003, 03:01 AM #12Designer
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We use PayPal and 2CO (implementing 2CO into the site within the next day or two)
Many clients prefer PayPal, and it's free to us. Thus, we offer it.
Dont' use PayPal, it is really a rubbish, PayPal can post a limit on your account, and your money will belong to PayPal, that is the way they earn money.
We have used PayPal for about 3 years now, and have never had an issue with account freezing.
Anyway, I think that it's a wise idea to offer both. Many people prefer PayPal, while others do not.
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11-18-2003, 07:16 PM #13Junior Guru
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Originally posted by cyberultra
If you do not have a US bank account, then consider Paypal. 2Checkout cost a lot for transferring money to your local bank account by wire transfer. $36 and $3 less for $100 fund incremental. And local bank will charge a certain processing fee for accepting wire transfered fund...
2Checkout does not offer free trial function but Paypal does
Details make the difference!
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11-18-2003, 07:27 PM #14Sure we can!
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well, for me PayPal is a Dream ! I am from Morocco
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