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Pay Pal is looking Better!

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  #1  
Old
Disabled
 
Join Date: May 2001
Location: Fresno, Ca.
Posts: 181
*

Pay Pal is looking Better!


PayPal is looking pretty good now.

I know, I know, it's Pay Pal but have you looked at their new features lately and their rates are hard to beat.

They now have a shopping cart feature .. Just put a button on your site and the cart pops up in a window and shows the item(s) and totals. Best of all, PayPal's Shopping Cart is free.

Another new feature is the recurring billing or Subscriptions! No need to keep entering users data or sending a bill, it's all automatically done now, even has trial periods if you need them.

As far as the users are concerned, it's just like any other CC payment process on the Internet. It's even better if you already have an account with them, saves lot's of time.

Costs ..

We get charged 2.2% + 30 not bad .. No costly monthly merchant account fees, no gateway fees, no statement fees, no monthly charges!

Premier or Business
Standard Rate

2.9% + 30

Premier or Business
Merchant Rate

2.2% + 30


We currently have a Merchant account with Signio Gateway and are looking at this seriously, it will save us a bundle each month in fees. We have had the PayPal account ever since they started business accounts but haven't used it because it just wasn't a serious payment method for many reasons. Our outlook on them has changed now, they are looking much much better!

As far as International orders are concerned, I see that they offer transactions for quite a few countries, not sure who is left out but looks to be a pretty good listing anyways.

Anyone using them have any thoughts?



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  #2  
Old
Junior Guru Wannabe
 
Join Date: Apr 2001
Location: cPanel
Posts: 63
They still don't support Malaysia!

  #3  
Old
Disabled
 
Join Date: May 2001
Location: Fresno, Ca.
Posts: 181
Quote:
Originally posted by zbco
They still don't support Malaysia!
I know, it's always something isn't it.

I'm not sure if I'm reading this correctly but it seems that if your in the US you can accept payment from any country? It's the other way around that is the problem, is this correct?




Anguilla
Antigua
Argentina
Australia*
Austria
Belgium
Belize
Brazil
Canada*
China
Costa Rica
Curacao
Denmark
Dominica
Dominican Republic
Finland
France*
Germany*
Greece
Grenada
Hong Kong
Iceland
India
Ireland
Israel
Italy
Jamaica
Japan
Luxembourg
Mexico
Netherlands*
New Zealand*
Nicaragua
Norway
Portugal
Singapore
South Africa
South Korea
Spain
Sweden
Switzerland
United Kingdom

* PayPal accepts withdrawals to local bank accounts in these countries. Users in any country may withdraw funds to a U.S. bank account.


Last edited by Brad; 07-12-2001 at 02:53 AM.
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  #4  
Old
Web Hosting Master
 
Join Date: May 2001
Posts: 600
If your users still need to signup with them, I won't use it.

  #5  
Old
Web Hosting Master
 
Join Date: May 2001
Posts: 600
How much do you currently get charged a month? If it's around $25... then it's worth it to have a real merchant account.

  #6  
Old
Web Hosting Master
 
Join Date: Dec 2000
Posts: 1,280
Quote:
Originally posted by Get-Hosted.com
If your users still need to signup with them, I won't use it.
If they sign up through you, you'll get $5 ;D

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  #7  
Old
Web Hosting Master
 
Join Date: May 2001
Posts: 600
After they meet a lot of requirements, one of them having $250 in PayPal account.

  #8  
Old
New Member
 
Join Date: Jun 2001
Posts: 3
Quote:
Originally posted by zbco
They still don't support Malaysia!
They dont support thailand too

  #9  
Old
Aspiring Evangelist
 
Join Date: Nov 2000
Location: New York, USA
Posts: 419
The cart looks good but I wouldn't count on that cart feature being free for too long. PP has a long history of hooking users with free services that initiating fees after they build a large base of users.

Probably a good business model, but just be aware.

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Affordable web hosting and E-commerce solutions for any size business.


  #10  
Old
Web Hosting Master
 
Join Date: Apr 2001
Location: UK - Liverpool
Posts: 2,169
Hey people, i love paypal, im in the UK accepting payments from the USA, its GREAT, maybe they rob you a little, but hey its not that bad for the once a month i will actually use it.

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  #11  
Old
Web Hosting Master
 
Join Date: May 2001
Posts: 600
Here's that list to get $5 for referring someone:

Signs up for PayPal
Confirms their email address
Confirms a checking account
Adds $250 or more by electronic funds transfer into their PayPal account
Signs up for a Money Market Fund

Not too likely.

  #12  
Old
Web Hosting Guru
 
Join Date: Jun 2001
Location: Kingston, TN
Posts: 291
Quote:
Originally posted by Get-Hosted.com
Here's that list to get $5 for referring someone:

Signs up for PayPal
Confirms their email address
Confirms a checking account
Adds $250 or more by electronic funds transfer into their PayPal account
Signs up for a Money Market Fund

Not too likely.
Indeed it isn't. This is another good example of a recent change. It used to be that ALL people who registered got you $5. Now, it's nearly impossible. They got lots of ppl to advertise for them though....

  #13  
Old
Web Hosting Master
 
Join Date: May 2001
Posts: 600
Yep... I remember way back when you would get $5 the minute they signed up and entered a CC.

  #14  
Old
Web Hosting Master
 
Join Date: Dec 2000
Posts: 1,280
Quote:
Originally posted by Get-Hosted.com
Yep... I remember way back when you would get $5 the minute they signed up and entered a CC.
I didn't even have to enter my CC. I got the $5 when I signed up.

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  #15  
Old
Web Hosting Guru
 
Join Date: Jun 2001
Location: Kingston, TN
Posts: 291
Yes, you do as a new client. The person who refers you used to as well.

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