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Any Way out? Paypal is Killing my Business?

Discussion in 'BlackHat Lounge' started by bigbooby, Nov 20, 2011.

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  1. bigbooby

    bigbooby Registered Member

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    I need advice from my friends here.

    Paypal Automatically reviews 50% of the payments I receive saying it is for the security of the Sellers.After about 24 hours they say, they have cancelled the payment for my security.But Actually I am losing Money,A considerable amount everyday because of them.For the last 30 days the lowest Loss they have caused me in a day is $125 by cancelling Payments.

    Is this happening for any others here?

    They have already selected 3x$125 payments today under their review.I am sure they will cancel them.

    Any help would be appreciated.(Now I recommend my customers to make payment through alertpay and skrill,even then a majority of business is through paypal)
     
  2. marusia

    marusia Senior Member

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    What about using a CC processor instead? There are some out there with some amazing rates, cheaper than paypal.
     
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  3. bigbooby

    bigbooby Registered Member

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    Can you point out some?
     
  4. super11

    super11 Senior Member

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    So, you set up a merchant account with Paypal? I also sell items through my ecommerce site but use my Paypal premier account itself. So, nothing goes for verification.
     
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  5. extremeboy

    extremeboy Jr. VIP Jr. VIP

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    Use Plimus instead of it they are awesome!! my experience from them is i.e: if i get 100 payments in a month so they only review about 1-2 payments only or some times nothin!!!

    Great using it for our services on site!!
     
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  6. Randy569

    Randy569 Junior Member

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    I have to agree. I've been using Plimus, and have been having really good luck with them. Easy to work with, good customer service, and only an occasional security review.
     
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  7. super11

    super11 Senior Member

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    But, they pay once in a month and I guess their commission fees for each order is nearly four times higher than paypal premium account.
     
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  8. scheda

    scheda Regular Member

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    Plimus is a good option. Another is 2checkout, very similar to Plimus. Both accept PayPal as a payment option so your customers can keep paying the same way.

    2Co just deposits my money right into my bank account every week on Friday. Never missed a payment. I believe Plimus is the same way.
     
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  9. Seo Lover

    Seo Lover Jr. Executive VIP Jr. VIP Premium Member

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    2Checkout is also good choice .
     
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  10. super11

    super11 Senior Member

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    Yes, 2co is good mainly because they pay weekly.

    But, they will hold payment until they verify certain numbers of orders. But, once that is done, the business will be smooth. Also, their customer support is not half as good as plimus. Plimus customer support is much better.

    P.S- Forgot to add.

    2checkout also rejects lots of order if your customers are based in Asian countries. For western countries like US, UK etc, their fruad team pass the order in a jiffy.
     
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  11. bigbooby

    bigbooby Registered Member

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    How to upgrade to premier? In case if I want to revert back to Business account,is it possible? Thanks
     
  12. marusia

    marusia Senior Member

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    Sure. if you need a cc processor, I can get you locked in at 2.09% . Just pm me and I'll give you a referral. The referral isn't for me, it's for a friend of mine.
     
  13. joaquin112

    joaquin112 Regular Member

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    I'm using Plimus also and haven't had any problems. However, I hate that they refund everything and you don't get to decline refunds like in paypal so easily. The fees are also much higher, but the conversion is higher in Plimus because they accept more payment methods.

    They are a good option, but if anyone knows of any others please tell.
     
  14. super11

    super11 Senior Member

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    It won't be an upgrade but I guess a downgrade for you. Not sure, if that can be done. I never upgraded to business account just using the premier account. I sell low priced hats. Daily sales are around $100 to $300 dollars. No problems so far.

    https://www.paypal.com/in/cgi-bin/webscr?cmd=xpt/Marketing/general/PayPalAccountTypes-outside
     
  15. super11

    super11 Senior Member

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    Only 2.09%.. sounds cool.. Do you mind sharing via pm?
     
  16. m0nster

    m0nster Senior Member

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    that's good pretty sure 2checkout is around %5 which is nuts
     
  17. Muecke

    Muecke BANNED BANNED

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    can you PM me the merchant account too plz
     
  18. dennisyu

    dennisyu Power Member

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    Google Checkout or Dwolla.

    People need to stop using PayPal. There is nothing good about them.
     
  19. Realign02

    Realign02 Regular Member

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    SecurePay is another great option I believe (pipeline data). They have always been great to me and deposit 48 hours after payment is received. I have never had an issue with them, great company to work with.
     
  20. arsaltheman

    arsaltheman Power Member

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    PLIMUS just blocked my account because of no-reason...:(