Web Hosting Talk : Web Hosting Main Forums : Ecommerce Hosting & Discussion : 2CheckOut vs Paysystems (what if)

[Collaziano]

What if 2CO did NOT have the DDOS problem.. Because eventually, they'll get it straightened-out. If they don't, they'll be out of business.. So.. 2CO vs Paysystems... Who's better?

Other than DDOS, the problem I hear in regards to 2CO is it takes a long time to get paid.. WHY IS THAT?

The problem I hear in regards to Paysystems is something to do with Recurring billing (that I don't even clearly understand yet). Care to explain?

Basically I just want to know the advantages/disadvantages of both - NOT including the DDOS issue...

[RackNine]

Only your initial payment from 2Checkout may be delayed as they process your account to ensure you're not trying to pull off some kind of fraud. Money here is deposited weekly and takes 2-3 business days once the deposit is made to arrive.

-Matt

[Collaziano]

Thank you for replying.. So I guess THAT theory is 'out the window'...

[propcgamer]

Originally posted by RackNine
Money here is deposited weekly and takes 2-3 business days once the deposit is made to arrive.

-Matt

how did you manage to get them to do that? i thought it was only 2 times a month

[fas-track]

Other than these recent attacks on 2CO, iv never had any problems with them, their support, or being paid on a regular basis..

Paysystems on the other hand has been nothing but a headache for me.. over 2 weeks of bouncing emails back and forth to their "underwriting" department.. I had enough of them and told them to close it..

[Matt]

If you have higher sales proceeds (I believe $1000+ a week), it can be done weekly.

As far as deposits, we had our's within two days of the release date for at least the past four months.

[Collaziano]

I'm having a feeling that besides the DDOS attacks, 2CheckOut is a better option. This is my opinion after reading a lot of discussions here. I'm just trying to put together some final conclusions before I go ahead and sign-up..

Thank you...

[FredTT]

I'm actually leaning towards PaySystems because of there weekly payouts. Plus, they don't get DDoSed as much. (I Know I Know, I just had to bring it up!)

[Collaziano]

hehe! I hear ya.. Well.. What's the wait at 2CheckOut? 2 weeks. Right? That's okay with me...

[FredTT]

Ya, If I could get a weekly payout, I would go with 2CO maybe. But I need the money so I can pay Nocster. :/

[RackNine]

Just to add:

Paysystems are a group of notorious spammers. They'll stop at nothing to try and steal clients from 2Checkout and other vendors. If that's the kind of company you want to support by all means go with them.

-Matt

[certify]

Best way is use both of them. One as primary and the other as backup processor.

You get best of both worlds. :p

[AMJones]

I'd be inclined to switchover fairly quick-like if 2checkout paid weekly.

Does seem smart to keep more than one on hand.

[kosmo]

I must add that 2COs payment for the period Nov 16th to Nov 30th is already on my bank account (USA -> Greece). Considering that they have problems of technical nature and they could excuse themselves and make some quick money by keeping the money an extra 2-3 days on their account, I think this is a great service (and always was, there was never not even 1 day delay).

kosmo

[Mark_TVI]

I have to agree with kosmo, even though they have had all these attacks they did not delay payments. They came in right on time.

2Checkout's biggest problem by far is their lack of communication. I still have an open Support ticket for the attack from a couple days ago. Their other problem is their heavy handed moderator tactics on their forums but that can be avoided as well. If you want to work your way into a Merchant account they are ok to start with, but they certainly have demonstrated their weaknesses the last week...