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Is it possible to survive without PayPal without jeopardising your potential?

Discussion in 'BlackHat Lounge' started by mightybh, Sep 19, 2010.

  1. mightybh

    mightybh Jr. VIP Jr. VIP Premium Member

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    Enough is enough. I had a freelancer run away with my money without ever delivering and PayPal decided in his favour after thinking for 3 months. They can't make a decision if the goods are intangible. ******** them! I've been with them since 2004 and almost quarter of a million went through my account and every time I had a problem they've screwed me. God knows how much they've made from me. If they don't appreciate my business then screw them.

    So I've decided to close all my accounts and start using alternative services. But can a webmaster actually survive without PayPal? I thought about it and it's proving to be pretty difficult. I think I may well lose more potential money/workers than the money that PayPal periodically steals from me. What do you think?
     
  2. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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    yea, it's a very legit question, but i think nobody can give you an exact answer

    it depends on quite a few things (where's your market, what do you sell etc.) and if you are with paypal since over 4 years, you can think about a rough estimate which was goin down the drain because of their incompetence (=lost disputes)

    of course there are alternate payment processors, which has been said here a million times before
    i see you're from the UK, good news if you market there: a lot of people has moneybookers account as well, but if you don't market there it doesn't help much
    you can also select 2co or plimus as a good alternate especially because you're still able to accept paypal payments using them, check their fees and i think you can tell yourself if it's worth burning all the bridges to paypal or not
    alertpay, authorize.net are other alternatives what you can take in consideration too

    but i'd say it's not the best idea closing your paypal account at this point no matter how desperate you are

    if i were you, i'd take a test run w/o paypal for let's say a month and see what happens: how much will be your monthly profit without them and how much was it before when you used them, this way if you used to have a roughly permanent, stabil monthly income, you can say, if it's worth w/o paypal or not
     
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  3. captinjamestkirk

    captinjamestkirk Registered Member

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    I believe you can use your CC to pay for items, in other words don't use your paypal balance but select to pay with a CC threw paypal.., Anything you buy using Visa/MasterCard gives you a lot more leverage and a simple call to your CC company would get your money back and CC company's favor buyers in almost any dispute especially an intangible purchase, this would take it out of paypals hands and you can make your complaint directly to your cc company. I think this is possible but paypal will probably have a maze of tricks to try and get you to pay with your balance or bank account instead of cc.
     
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  4. mightybh

    mightybh Jr. VIP Jr. VIP Premium Member

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    I think you guys are right. I should not be overreacting and just start using alternatives where possible/as much as possible. Next time somebody takes my money and runs I will do a charge back straight away and only then deal with PayPal. Coming to think of it it's simply impossible to cut it out completely.