Use paypal? DON'T. Dwolla is better.

Brainstorming said:
Doesn't really matter. It will slowly rise and eventually (should) exceed the daily transactions that PayPal does. PayPal did tons of business with eBay, but eBay is dying now and PayPal has caused so many horror stories for so many users.

Don't forget that Dwolla is the same company Richard Branson just invested $300,000,000 into about a month or two. It's new and still has a long way to go.

OP, thank you for this info. I do tons of smaller transactions, under $10 and between paypal charging me 2% plus the .30 cent fee per transaction, this will save me a lot of money. Not to mention not being raked the 2% on my transactions for more than $100 that I get daily.
Click to expand...

2.9% you mean

I fucking hate ebay and paypal. I wouldn't mind the ridiculous costs if the service was at least good. You pay for quality afterall. But i'm a 100% white hat ebayer, COMPLETELY LEGIT from the ground up, and they've drug me through the mud more times than I care to remember at this point.

God please let paypal and ebay get stomped by a competitor. It wouldn't be TOO hard, a bit of marketing, and quality service, people would FLOCK to good service with lower fees I would think.
 
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Dragn said:
2.9% you mean

I fucking hate ebay and paypal. I wouldn't mind the ridiculous costs if the service was at least good. You pay for quality afterall. But i'm a 100% white hat ebayer, COMPLETELY LEGIT from the ground up, and they've drug me through the mud more times than I care to remember at this point.

God please let paypal and ebay get stomped by a competitor. It wouldn't be TOO hard, a bit of marketing, and quality service, people would FLOCK to good service with lower fees I would think.
Click to expand...

Mine is lower than that because I have a business account and the more money I send and receive, the lower my percentage fee gets per transaction.

I completely agree with you though, they are ridiculous at times, from what I have read. I have yet to have any major issues that could not be resolved within a day or two (knock on wood), but then again, that probably has a lot to do with what I said above: I do a lot of business with them.
 
i hear of new networks every year. the reason paypal wins is the trust it has gained over time. Heck some people are still afraid of using credit cards online. Dwolla must go global and quickly and needs massive advertising money to come to close to paypal. But don't I pray for the day paypal is removed.
 
Never heard of it.
And I am not sure if it can dominate paypal.
But I wish it should be that famous so that we marketers can use it.
Way to go now...
 
There's no way for this to beat out paypal. To avoid credit card fees it works on wire transfers, which take 2-3 business days to process. This isn't feasible for POS. I can't hold every customer's order for 3 days to wait for echecks to clear.

The reason why paypal seems so horrible is because it's so widely used that they have to stay aggressive against fraud.
 
Anything with servers outside of the US could be good. The US controls too much of the financial real estate. Dwolla would be good if outside the US - their servers are in the US.
 
Looks pretty good , They should open it up to Europe aswell and they would soon have alot more users!
 
blogbd1 said:
I am currently using alertpay and moneybookers. Never heard of dwolla, the way everyone is appreciating the site seems to be a good one. It will be popular if lots of websites like freelancing and affiliate network accept it as a payment option.
Click to expand...


I saw a post on Moneybookers, a US Corp whose server is in Europe.

What about Alertpay. It is in Canada. I wonder what its fees are? Anyone know?

Tnx,
DW
 
There are many others then PayPal which are much well known compared to this one. I've never ever heard of this until now.
 
There always some company...but no company offers flexibility of transacting from paypal with low cost and risk...
 
Dragn said:
2.9% you mean

I fucking hate ebay and paypal. I wouldn't mind the ridiculous costs if the service was at least good. You pay for quality afterall. But i'm a 100% white hat ebayer, COMPLETELY LEGIT from the ground up, and they've drug me through the mud more times than I care to remember at this point.

God please let paypal and ebay get stomped by a competitor. It wouldn't be TOO hard, a bit of marketing, and quality service, people would FLOCK to good service with lower fees I would think.
Click to expand...

They only fuck the sellers, not the buyers.
 
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