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Thread: PaySystems
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05-19-2004, 05:04 AM #1Newbie
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PaySystems
Hi,
I am thinking of using Paysystems (myPaySystems as they are now called) and I was wondering.
Firstly have I got the details of the right account with them? If not, what is it?
What are they like as a payment processor?
How is their payment of funds to UK companys (if they charge a fee how much)?
Chargebacks, how often do they occur and what are there fees, has anyone had a chargeback?
How competitve are their fees when selling small amounts and large amounts (do you put a processing charge on your customers)?
Any good/bad experience of using them?
Thanks all
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05-19-2004, 07:38 AM #2Texan at Heart
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Hi Nigel - there is a e-commerce forum on this board. This question would probably be best suited there. Go thru that topic area & see what you come up with.
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05-19-2004, 10:47 AM #3Web Hosting Master
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Moved to the e-commerce forum
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05-19-2004, 02:48 PM #4Newbie
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Originally posted by coreybryant
Hi Nigel - there is a e-commerce forum on this board. This question would probably be best suited there. Go thru that topic area & see what you come up with.
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05-19-2004, 09:20 PM #5Junior Guru
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I've been with PaySystems for awhile now. Been pretty happy. They're going to improve things shortly by allowing YOUR name to be on the customer's charge statement. Also, they're supposed to settle funds every 3 days...........z
Faster horses, yw, ow, mm......
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05-20-2004, 04:15 PM #6Newbie
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Has anyone got any more opinions?
Thanks
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05-20-2004, 06:55 PM #7Web Hosting Master
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PyaSystems is one of biggest third party processors. We use USD account but they could provide Sterling account but you can if you need.
Their system is good enough. We had a only a few chargebacks for 3 months. They charge no more than 6.5% from total order.
I can refer them.
Regards
D.DawHB.com - Web Hosting Blog | VPSHostDir.com - VPS Hosting Media
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05-20-2004, 09:42 PM #8Junior Guru Wannabe
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I would absolutely not recommend them to my worst enemy. Please read above post. In addition to my experience with them, I spoke with several contacts who had very unfavorable dealings with them.
I chose to go with cdgcommerce and I am so glad I did! My business is not fully operational yet and won't be until August. However, in the meantime, Chris West has been unbelievable to work with as I set up my account, shopping cart, etc. He is very quick to respond and extremely helpful.Last edited by GraphxGirl; 05-20-2004 at 09:46 PM.
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05-20-2004, 09:57 PM #9Junior Guru
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Are they a 3rd party processor? ......Thx, z
Faster horses, yw, ow, mm......
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05-20-2004, 10:02 PM #10Junior Guru Wannabe
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Is who a 3rd party processor? If you are referring to mypaysystems, then the answer is yes.
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05-20-2004, 10:44 PM #11Texan at Heart
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Actually paysystems is currently both.
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05-21-2004, 12:33 AM #12Web Hosting Guru
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Originally posted by GraphxGirl
I would absolutely not recommend them to my worst enemy. Please read above post. In addition to my experience with them, I spoke with several contacts who had very unfavorable dealings with them.
GDO
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05-21-2004, 04:55 AM #13Junior Guru Wannabe
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Originally posted by zardiw
I've been with PaySystems for awhile now. Been pretty happy. They're going to improve things shortly by allowing YOUR name to be on the customer's charge statement. Also, they're supposed to settle funds every 3 days...........zProfessional Web Hosting Solutions
www.iexpresshost.com
Get serious about your business.
Fax/Voice Mail 206-339-7080
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05-21-2004, 07:05 AM #14Texan at Heart
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Originally posted by IEH-Peter
Where did you get this information? Is it true? If so, it will be great!!
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05-21-2004, 10:41 AM #15Junior Guru
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GraphixGirl......no...cdgcommerce.........et z
Faster horses, yw, ow, mm......
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05-21-2004, 10:43 AM #16Junior Guru
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Peter. From PaySystems. They're sending out a letter to all their customers to that effect......And it applies to 3rd party customers!..................z
Faster horses, yw, ow, mm......
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05-21-2004, 11:32 AM #17Web Hosting Master
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Paysystems made me a lot of "coming next week" promises when I signed up too - multiple currencies in one account, support for taxes, etc.
I would like to see an official Paysystems statement on exactly
what is coming when.
My account is still in test mode because it is useless until all the promises are fulfilled.
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05-21-2004, 11:36 AM #18WHT Addict
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I am satisfied with Paysystems, it does it job. Although their promise of free direct deposits to UK banks seems to be pie in the sky.
█ Hostfolks Internet est. 2001
█ VPS Solutions in 5 US and EU locations
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05-22-2004, 10:01 PM #19WHT Addict
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Originally posted by coreybryant
Actually paysystems is currently both.Michael @ Qualserv Networks
www.qualserv.net - quality hosting since 1998!
Bringing Web Hosting to a Personal Level
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05-23-2004, 09:24 PM #20Junior Guru
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What does that mean? No more 3rd party??? Increased costs??? I'm a merchant (3rd party) with them, and haven't heard anything definite yet (mushroom..kept in the dark and fed BS......LOL).........Thx, z
Faster horses, yw, ow, mm......
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05-23-2004, 09:35 PM #21WHT Addict
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Originally posted by zardiw
What does that mean? No more 3rd party??? Increased costs???
http://www.webhostingtalk.com/showth...hreadid=274632Michael @ Qualserv Networks
www.qualserv.net - quality hosting since 1998!
Bringing Web Hosting to a Personal Level
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05-27-2004, 07:25 AM #22WHT Addict
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heheh well this will mean they will earn more, and you know why, because they take 25 USD WireTransfer fee. So it will cost you more. I don't know what they're charging for checks.
WiredTransactions are all automatic, and it doesn't cost them 25 USD per WiredTransaction.
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05-27-2004, 12:23 PM #23Web Hosting Master
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Why in heck would anyone use Paysys for their merchant account at their rates when you can save nearly 2% and like 15 cents per transaction going with CDGCommerce?
Oh yeah I'm going to "convert" my current paysystems to a merchants account with them at .35 per transaction and 5.5% when I have a merchant's account already with CDG at 2.9% and .20 per transaction, SURE SIGN ME UP hahahahahahaahahahhahahaGary Harris - the artist formerly known as Dixiesys
resident grumpy redneck
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05-27-2004, 12:29 PM #24Web Hosting Guru
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What other feasible options can non-US hosts choose from (other than 2checkout.com)?
GDO
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05-27-2004, 12:31 PM #25WHT Addict
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WorldPay
Chronopay --> real merchant account ---> Only for Companies based in European Countries