Any Way out? Paypal is Killing my Business?

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)

 

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

 

Can you point out some?

 

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.

 

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!!

 

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.

 

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.

 

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.

 

2Checkout is also good choice .

 

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.

 

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

 

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.

 

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.

 

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

 

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

 

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

 

can you PM me the merchant account too plz

 

Google Checkout or Dwolla.

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

 

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.

 

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