Paypal alternative suggestions?

Hi all,

I've operated a dropshipping store for about 3+ years now. Because of the whole covid situation, between May-early July I had customers receiving their items later than usual which resulted in chargebacks. Because I had all the tracking, I was able to win all of these chargebacks but Paypal ultimately decided to put my account into a review whereby they asked for a several tracking numbers along with several invoices from my supplier that would have been sent to me. I provided everything and the review was complete.

One week later (now), I get an email saying they are removing my "Funds Now" option and adding a 20% reserve on my account because of 1) long delivery times 2) increased amount of transactions 3) "high risk" industry - this is complete BS.

I'm planning on disabling Paypal from my Shopify store and stick to their standard payment gateway or consider finding another third party provider. Can anyone provide recommendations? Any idea on this Paypal issue and a potential workaround? Help would be much appreciated. Thanks!

Stripe, 2Checkout, Authorize.net, EasyPayDirect, Emerchantbroker, FasterPay, Dwolla, Mollie, Shopify Payments...

Monzani said:

Stripe, 2Checkout, Authorize.net, EasyPayDirect, Emerchantbroker, FasterPay, Dwolla, Mollie, Shopify Payments...

Click to expand...

I believe that Shopify Payments uses Stripe as their payment processing provider. I feel that since more people are familiar with PayPal and find it more "secure" this is the go to option .

Stripe.

Payoneer, Venmo, CashApp, Bitcoin...

everyone chooses his own. first you need to do some research

I recommend you Stripe or VCC

Payoneer
Bitcoin

Stripe is the best option. Also avoid Payoneer because they have more issues than PP.

https://cardinity.com is a good option. They are known to work with high-risk industries so you will never experience issues with them. They even work with smm panels so that says something lol

Stripe, 2Checkout, Authorize.net, EasyPayDirect, Shopify.....

Thanks everyone for your feedback. From what I've been told, Stripe is the payment processor for Shopify Payments. I'm not sure about everyone else, but whenever I've had previous chargebacks on Shopify Payments, the team over at Shopify have told me that Stripe works with the customer's bank and 99% of the time the customer always wins those chargebacks even if we provide all the proof/evidence necessary.