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Thread: Best Payment Processor
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05-22-2009, 10:56 AM #1Newbie
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Best Payment Processor
Hello,
I am looking for a payment processor that won't steal my money and also has low fees for converting foreign currencies (mainly GBP and EUR) to USD. A bulk of the transactions will be under $10 USD.
Thanks.
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05-22-2009, 12:11 PM #2Newbie
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I think the best is paypal website payments pro
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05-23-2009, 01:24 AM #3Aspiring Evangelist
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paypal would be best for this i think
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05-23-2009, 01:30 AM #4Disabled
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I am not aware of any legit payment processors that actually "steal your money"
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05-23-2009, 01:52 AM #5:]
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05-23-2009, 05:03 AM #6Junior Guru Wannabe
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paypal is the best processor.
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05-23-2009, 06:14 AM #7Temporarily Suspended
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Another vote for paypal
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05-23-2009, 01:57 PM #8Web Hosting Master
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Another vote for PayPal!
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05-23-2009, 02:01 PM #9Disabled
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05-23-2009, 02:30 PM #10Web Hosting Master
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Try chase Bank, they have low charges and process your payment within 24 hours gauranteed.
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05-24-2009, 06:12 AM #11Web Hosting Master
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PayPal or Nochex
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05-30-2009, 01:08 AM #12Newbie
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06-04-2009, 03:29 AM #13Newbie
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- Jun 2009
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Using PayPal myself, still using it.
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06-15-2009, 01:17 AM #14Newbie
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- Jun 2009
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Paypal allows fraud very easily. Plus under 10 dollars paypal is very expensive also. FirstData is a good choice!. Never paypal... I have a horror story and an actual phone conversation with paypal's managers I will make a website whenever I get a chance. they will freeze your account do all kinds of things.
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06-15-2009, 02:12 AM #15Junior Guru
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- Oct 2007
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I had PayPal freeze my Business account for more than a week's time without any support response apart from extremely useless auto-replies.
The reason was simply that they had an automatic account audit, and for some reason decided to classify my account as a different organization type than what it was actually for (for no apparent reason) - asking me to submit necessary documentation for it. This meant that I could not in any way provide the needed information to automatically resolve the issue via the resolution center.
Imagine the frustration... your account is frozen, you cannot use the resolution center due to their ****-up, and you get nothing but meaningless automatic replies when you try any number of support options. That seriously gave me a wakeup call in regards to the dangers of relying on PayPal as your payment processor.
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06-15-2009, 02:18 AM #16Newbie
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- Jun 2009
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Horror
Pretty much that is what happened to me but I was lucky to find some information about the legality of this issue and I told them I will be going to court if my account was not unfrozen in 2 hours. They were scared I have the whole tel conversation recorded. Very funny They opened my account and kept apologizing.
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06-15-2009, 04:26 AM #17Disabled
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Paypal gets my vote.
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06-15-2009, 04:31 AM #18Junior Guru
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Yeah, I can add to my previous post that overall PayPal is a good solution, having a fairly usable API and developer program. I would however be careful relying on it as the only payment alternative for an online business. I would also make sure to empty the account fairly frequently to avoid funds you might need being frozen.
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06-15-2009, 02:03 PM #19New Member
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My vote will go to Paypal.
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06-16-2009, 12:15 AM #20Aspiring Evangelist
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CDG. They have some of the best rates in the industry and excellent customer service.
“Intelligence is not to make no mistakes, but quickly to see how to make them good.” - Bertolt Brecht
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06-16-2009, 12:16 AM #21Newbie
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CDG would not accept my VOIP business.
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06-16-2009, 05:22 PM #22Newbie
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shareit.com is best cc processor for me
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06-16-2009, 08:04 PM #23Premium Member
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PayPal is good in many respects, but they allow fraud easily.
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06-16-2009, 09:41 PM #24Newbie
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Another vote for paypal
Another vote for Paypal. They do mnaintain a rolling reserve if you are a new client, but for non-swipe transactions, they have the best fraud prevention measures. So the trade-off is well worth while.
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06-16-2009, 09:45 PM #25Newbie
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