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Dropshipping - Payment Method Question

Discussion in 'Dropshipping & Wholesale Hookups' started by zkazzay, Aug 7, 2017.

  1. zkazzay

    zkazzay Newbie

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    Hello Everyone,

    I'm a developer, starting my first Ali dropshipping business, and I got a couple of questions that I would like you to help, to avoid problems later.

    I'm thinking (and already implemented on my site) of using Paypal and Stripe as payment methods, although I already read that paypal freezes payments, and you need to confirm a bunch of details with documents, for lots of users.
    Since it's my first try at a dropshipping business, I didn't wanted to register a brand or create a company for it, so my paypal account it's just a regular account.

    Do you guys think I will have problems if I start to get lots of incoming payments through paypal (since it's not a business account)?
    Should I somehow try to create a Business account for paypal?

    I also read about Aliexpress freezing other dropshippers orders, because of too much orders for different addresses, should I also worry about that? Or can I do something to prevent it?

    I have all of the website development phase done, I'm just afraid of getting stuck by the payment services.

    Any advice?

    Best Regards & Thank You,
     
  2. Zoomer3690

    Zoomer3690 Regular Member

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    I'll keep an eye on this thread as these seem to be some very genuine concerns of a dropshipping business.
     
  3. zkazzay

    zkazzay Newbie

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    They are, thanks, let's hope some one with more experience will answer
     
  4. void957

    void957 Regular Member

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    I'd recommend to only to only accept card payments and avoid Paypal entirely. Yes, you will need a business account (When you reach about 1-2k in sales) otherwise they'll freeze you until you send them the documentation they require. If you're happy to go through all the issues with paypal etc including chargebacks and whatnot then feel free , otherwise stick to card payments.
     
  5. Getire

    Getire Newbie

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    For stripe, I'd suggest you reading the prohibited products or services under the "High risk businesses" section.
    It clearly specifies that you cannot use their platform for drop shipping purposes.
    Cannot tell for Paypal tho.