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Good Payment Processors??

Discussion in 'BlackHat Lounge' started by ShadeDream, May 5, 2009.

  1. ShadeDream

    ShadeDream Elite Member

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    Would anyone give advice on any good payment processors? PayPal is a pain in the ass so I'm looking for something reasonable. Main problem here though is the fact that I'm 17 so I cannot register anywhere where age verification is required. :(
     
  2. spaceinvader

    spaceinvader Regular Member

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    payment processors are a pain in the arse by their very nature. i had problems with pp and tried nochex and worldpay and i hate to say it buy paypal where better than the latter.
     
  3. ShadeDream

    ShadeDream Elite Member

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    Awww man the problem is I'm limited under my name and I'm using my parent's name to use PayPal. But I don't really want to do business under my parent's name in case I screw up and PayPal will get that limited. How about Google Checkout or maybe Plimus? Any advice on these two?
     
  4. spaceinvader

    spaceinvader Regular Member

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    ive not tried them to be honest, i looked at google but it seemed hard to get into, are you using them for black hat / ebay? i think they are all very strict unless your 100% legit - even then they can ban you for no reason. nochex froze my business account that i used for 100% legit reasons (offline business payment processing for my taxi company) .. they 'no longer wanted to work with me' ...i just get all my affiliate payments by cheque/bank transfer now. and i use one pp account for buying cheap crap i need from ebay etc.

    ive been through all the shit with these payment companies and imo they aint worth the problems, personally i steer clear of any venture that relys on PP or one of its clones.

    Cant you get one of your parents to get an entropay card and you could sign up to PP that way? then you can verify it with a real bank account for full functionallity... thats what i'd do if i was set on using pp.
     
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  5. QualityPlacements

    QualityPlacements Junior Member

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    Don't even attempt Google Checkout. They will close your account, deactivate you for no reason at all. With no explanation, no nothing. This has happened to me twice. Once with offering online services and another with just a normal website. They would not give me a reason and it took about 10 emails back and forth before they told me that my business doesn't meet their business model. Do a search on Google and you'll find a ton of people who have had issues with them. What they do, is they close your account and then refund all recent transactions back to your buyer. So you may end up performing a service for free. It happened to me. They are easy to get an account with but will shut you off quick if you dont have like an actual online store selling goods not virtual. If your selling clothes, video games or such, then it may work for you. Even when you do this, make sure to keep real invoices and keep track of everything because once they hunt you down, they will require all of that paperwork to be sent to them. Huge hassle.

    For EntroPay, I have looked into this but its not yet served to the US. It will be eventually, but just not yet. EntroPay would be a great way though. I've also tried Payoneer as well which can be tough on receiving payments with depending on the affiliate you get your card through with.

    PayPal does suck horribly and I've had my issues with them as well, but everyone accepts them and its just the easier safer way to do business with people. Also, you can always open up multiple accounts. I've definitely had more than 2 or 3 in my time of doing business online. Its not to hard to get another one. Check in the members download area, theirs a PayPal Survivor Guide available for free if you want to learn to open up another one.
     
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  6. ShadeDream

    ShadeDream Elite Member

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    The business is an online venture and it's 100% legit but it's not going to be registered as a business at least for now. I will just "D B A" in my name.
    About the EntroPay Card I'm not sure if you meant the personal one or the business one but I don't think I would be able to register for the business one anyway, I would probably not get accepted. And if the card would be just for getting a PayPal account in my parent's name, I've already got this with a new bank account of mine (in the UK), so that's not a real problem, the main one is PayPal and the fact that it might freeze the account any time they wish too. :(

    I'm actually in the UK, so that's not really a problem for me about EntroPay, I think I may use GoogleCheckout though since my business would be an online venture offering services and if Google suddenly decides to cut me out I could always stop my services, that's not a problem, the main problem is about the way they payout, if it's only via cheque then I'm not going to use them.

    If anyone else has any helpful advice, just let me know, would help me a lot. Thanks.
     
  7. black1411

    black1411 Junior Member

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    Try to consider being approved to be a virtual merchant or something like that. That means you'll be able to accept credit card payment directly on ur website. I think it will set u back some dollars to be allow to be one though. ' But yea, if u want to use 3rd party, then consider moneybookers and netellers which i been recommending cause they seem to have little complain about closing accounts for no reasons.
     
    Last edited: May 5, 2009
  8. berrycorp

    berrycorp Guest

    how come nobody mentioned 2checkout ?

    they are good!
     
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  9. gimme4free

    gimme4free Executive VIP Jr. VIP Premium Member

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    My experience:

    Google Checkout - Banned for no real reason, I was told that I broke a term in their contract, emailed them because I didn't but never got a reply.

    Paypal - Best payment processor online, most user friendly, guaranteed to get you 1000% more sales compared to using any other payment processor. Downside = 500% of these additional sales will be chargebacks.

    E-Junkie/Any other sub payment processor - Best option for weeding out a few chargebacks but it will not get rid of them all, is a cheap way to get affiliates without your own affiliate software/script.
     
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  10. ShadeDream

    ShadeDream Elite Member

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    I've had a quick read over their terms etc... and I haven't really found anything to do with age limitation, is there something like this or do they allow anyone as long as it's business and it makes legal money?
     
  11. berrycorp

    berrycorp Guest

    they have a good fraud control....

    and i sent over proper incorp cert etc... so they dint have a issue...

    they do need a proper product... tos ... refund policy on the website..!
     
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  12. Adlad

    Adlad Power Member

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    2Checkout, Nochex (good customer support) or Plimus
     
  13. QualityPlacements

    QualityPlacements Junior Member

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    ShadeDream, Google Checkout is descent, but they are definitely not fond of services provided online. They want you to promote actual products, they also don't want Google Checkout as your main processor. They want a few other methods on your website and leaving Google just as alternative option. You also must have clear policies on your website. I really liked them at first. They direct deposit money into your account each day and it reaches your bank in about 2 days. You don't have to actually initate the deposits. It does it automatically but providing a service and using them is just no good way to go. Thats just in my opinion. They will deactivate you and it wont be months down or weeks later, it can be just as little as 2 days like one of mine was, lol. You think you have everything together until customers tell you that your buy button doesn't work. You log in and you get this message:

    Verification: Account closure
    Your merchant account has been closed

    There may be several reasons why a Google Checkout account is closed. To provide more clarity into your recent account closure, we have included some specific details below.

    Grounds for closure

    Our Checkout specialists will periodically review merchant accounts to ensure they comply with our Terms of Service and Policies. As a result, your account may be closed by Google for a number of reasons including, but not limited to, the following:

    * Non-delivery of orders
    * Excessive chargebacks
    * Excessive disputes
    * Negative buyer ratings
    * Inability to verify account information
    * Terms of service violation
    * Outstanding negative balance

    Learn more about your account closure.

    What happens when Google closes your account

    Account access
    You will no longer have access to view or alter any of your account details, including order details and your identification information.

    No future transactions accepted
    You will not be able to process any future transactions or receive payouts. In addition, any future Checkout accounts you attempt to open will be closed.

    No further payouts
    Any charged orders for which you have not been paid will be refunded back to your buyers' credit cards. We understand that this may interfere with your business practices and we hope that you are still able to reconcile these orders.

    Shipped orders
    If you have shipped any orders for which you have not yet received payment, we recommend ordering a 'stop/intercept shipment' with your preferred mail carrier for these orders.

    Reserves
    In some cases Google may retain a portion of your remaining funds to offset refunds, chargebacks, or other claims against your balance. If Google has instituted a reserve on your Checkout account, you would have received an email directly regarding this process. Learn more about reserves.

    Terms of service

    Per Google Checkout's Terms of Service (U.s. Section 2.3), GPC has the right (i) to change, suspend or discontinue the Service, in whole or in part, as necessary to perform maintenance or updates to the Service and (ii) to impose limits on certain features or restrict access to parts or all of the Service without notice and without liability. GPC may decline to process any Payment Transaction in connection with, among other reasons, fraud prevention activities, applicable law, or GPC policies.




    * Just go with EntroPay. They seem to be a perfect solution for the most part. I would've used them if they were able to serve US customers.
     
  14. ShadeDream

    ShadeDream Elite Member

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    Thanks for the tips and your opinion, but I don't think EntroPay would be helpful since I'm just 17 and my business is something small where I doubt that they would actually allow me to use it.
     
  15. black1411

    black1411 Junior Member

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    Any advice for Recuriing payment? I know paypal does it easily but i hate to risk my money because if they freeze my account, the whole payment system stops for 6 months and i can kiss my business goodbye. At least i need a backup option beside paypal, for RECURRING payment that is.
     
  16. CPACash

    CPACash Junior Member

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    I vote 2Checkout. I have used them for MANY years.
     
  17. showbizvet

    showbizvet Power Member

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    I've been hearing about alertpay.. any thoughts on them?