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Private Investigation - Risky Online Business?

Discussion in 'Business & Tax Advice' started by flexcarrera, Feb 13, 2012.

  1. flexcarrera

    flexcarrera Newbie

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    Good evening folks,

    I'm looking for a little guidance really. To cut a long story short, I've worked within the Private Investigation field for some time now, the opportunity has arose to take limited services online which I've gladly welcomed. The website, design & content aren't a problem, however receiving payments and e-commerce in general isn't exactly a strong point.

    I was under the impression it would be a simple case of linking my business PayPal account to the websites payment system and bingo! Unfortunately I've stumbled across a number of business owners that have had their PayPal accounts permanently limited due to reasons unknown or deemed "high risk" due to the nature of the business.

    It seems this is a recurring theme with a number of online payment-processors, Google Checkout and 2Checkout are some more examples of companies clamping down on their clientele. As we are new to the online scene, we are not to sure on where we fit in, how do they classify a high risk business?

    We'll be offering strictly matrimonial based services with background checks available also.

    The process of getting set up was a breeze until now, the task of choosing the 'right' payment processor (or even a way for us to do it ourselves!) is very daunting - any advice would be GREATLY appreciated!
     
  2. clyde

    clyde Elite Member

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    Just use PayPal and withdraw frequently for now, when your PP account get limited, you can think about the alternative.

    Don't worry about problems that aren't there yet.
     
  3. flexcarrera

    flexcarrera Newbie

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    So it's a near enough certainty in this business? The main problem is I don't know how PayPal would categorize PI work, if it's against their ever growing policies. I've contacted them on two occasions but to no avail.
     
  4. iiaok

    iiaok Regular Member

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    Occupation:
    Pro Apple Bobber
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    Honestly, if you're going to be receiving regular payments online, get setup with a real merchant account. In the long run, the headaches and the fees will be lower!

    Paypal sucks. They're fees are high, they overcompensate to deal with fraud and as a vendor, you'll NEVER win a dispute.

    Go for a merchant that will allow for phone verification, as that will bring your fees down even more. Most merchant service providers have online gateways you can use, and will set them up for you for a nominal fee (most will wave said fee if you press them).

    Good luck. Avoid Paypal like the plague they are.
     
  5. flexcarrera

    flexcarrera Newbie

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    Appreciate the responses!

    Currently looking at Merchant Accounts, PayPal doesn't even look to be an option.

    Thanks again.
     
  6. USProxyKing

    USProxyKing Regular Member

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    MerchantOne, E Online Data are great companies :)