Web Payment Processing? If not PayPal, then...?

[drmaximus]

I am just wondering if there are any other comparable payment processors apart from Paypal? After having read articles from www.paypalsucks.com I am getting worried about the latter. If the services are available to Canadians, then all the better. Thanks for any and all help!

 

[jane118]

u can try


stormpay.com a lot like paypal and its growing

 

[identity_00]

Try 2checkout.com - There is a one-time 49. fee.
The benefits are that it is more private label.
Very easy - no scripts to add or anything.

If you'd like an example visit my site below. I think
I have it going on that one - If not just email me.

 

[drmaximus]

I think 2CO is valid only for US-based businesses...?

 

[armstrong]

Originally posted by drmaximus
I think 2CO is valid only for US-based businesses...?

I use 2CO as backup to my regular merchant account. They accept international clients.

 

[drmaximus]

Thanks armstrong. Some questions for you though: I plan to use it just like I use Paypal - an occasional sale here and purchase there. Paypal has exhorbitant "hidden" fees in the form of terrible exchange rates, but their fee of 2.9% + $0.30 is much better than 2CO's high rate of 5.5% + $0.45. Do you know if 2CO generally has better exchange rates and less hidden fees?

I am seriously considering switching away from Paypal because they have failed to resolve one of my disputes costing me a loss of US$400, and I am doing to initiate a chargeback with VISA is a couple of days. They are surely going to shut down my account, but it's fine actually.

 

[redhippo]

some have use ikobo.com

other: clickbank.com.......have never used them but seems to be very popular with "electrionic" services/merchandise like ebooks,report.s...etc..

not sure about charges

 

[drmaximus]

Thanks redhippo! At first sight IKOBO seems like a great deal! Will check it out in detail.

 

[Sharpy]

lots of online biz's use e-gold

 

[drmaximus]

I knew about e-gold but their gold-->cash conversion process seems really convulated.

 

[armstrong]

Originally posted by drmaximus
Thanks armstrong. Some questions for you though: I plan to use it just like I use Paypal - an occasional sale here and purchase there. Paypal has exhorbitant "hidden" fees in the form of terrible exchange rates, but their fee of 2.9% + $0.30 is much better than 2CO's high rate of 5.5% + $0.45. Do you know if 2CO generally has better exchange rates and less hidden fees?

I am seriously considering switching away from Paypal because they have failed to resolve one of my disputes costing me a loss of US$400, and I am doing to initiate a chargeback with VISA is a couple of days. They are surely going to shut down my account, but it's fine actually.

2CO's rates are higher, and they only charge in US$. However, they can be used to serve more countries, and don't require your clients to signup for an account (unlike Paypal).

I have my own horror story with Paypal and about $800 in company funds that they decided to keep. They are too far away from me to deliver swift kicks to the a**, so now I just say no to Paypal.

Depending on your average transaction amount, you may also want to look at Paysystems. I've been considering them for my higher-value services, plus they are able to accept a wider range of currencies.

 

[drmaximus]

Thank you.

 

[redhippo]

another money trader


http://www.fleetpay.com/

 

[Anthony]

If anyone figures out another service that offers the same options as Paypal, do let me know.

 

[drmaximus]

Originally posted by redhippo
another money trader
http://www.fleetpay.com/

Fleetpay has no fees for sending and receiving payments. What's the catch here?

Users of 2CO and PaySystems... care to compare these services and suggest the cheaper/safer/more professional one?

 

[webscorpion]

Originally posted by drmaximus
Fleetpay has no fees for sending and receiving payments. What's the catch here?

Yeah, would like to know too.

Thanks for starting this thread drmaximus. I also have a separate thread regarding Solopay.

 

[webscorpion]

I just found out that NP member teebob owns Fleetpay.com. Haven't seen him much here, though. Wish he can answer our questions regarding his company.

 

[odditysoftware]

i currently use http://www.swreg.org/

 

[InteractAsia]

Originally posted by odditysoftware
i currently use http://www.swreg.org/

any comments on them?

 

[axl]

Originally posted by drmaximus
Paypal has exhorbitant "hidden" fees in the form of terrible exchange rates, but their fee of 2.9% + $0.30 is much better than 2CO's high rate of 5.5% + $0.45. Do you know if 2CO generally has better exchange rates and less hidden fees?

Actually, ikobo.s fees are pretty similar 1.99%-2.99%+$0.29, but their coverage I think is better with 170 paying countries and 220 receiving. There aren't any hidden fees, and their service is quite fast. They look like a good alternative from 2CO or paypal; it's true paypal have a history of "appropriating" people's money without any reason. :red:
In reply to drmaximus, ikobo covers Canada, and is, in my opinion an improved version of paypal. :hehe: