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What's a better company than Paypal to do business through?

Discussion in 'Business & Tax Advice' started by Storm020215, Oct 29, 2016.

  1. Storm020215

    Storm020215 Newbie

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    I'm all for digital banking, but Paypal is really busting my balls with their limits and lack of consistency.

    An ideal company would have a means of accepting payments online (like buttons and invoices)

    and would also issue a debit card.

    I got my first $4000 transaction last night and Paypal is going to hold 2k of it for 21 days... not acceptable. Especially since I'm going to have another multi-thousand dollar transaction in the next couple days.. who's a better digital bank or financial institution that's equipped to handle businesses making over 10K a month?
     
  2. TheNumbersGuy

    TheNumbersGuy Junior Member

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    You could always try to set up wire transfers between your clients and yourself.
     
  3. PHPInjected

    PHPInjected Elite Member

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    Payza, Payoneer, and Skrill are the only ones that I know that offer a debit card. I don't know if they still do though. Personally, you should just use Freshbooks. It allows invoicing and does really fast transfers to your bank.
     
  4. Android Tipster

    Android Tipster Regular Member

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    What about Stripe?
     
  5. knowing25

    knowing25 Elite Member

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    Here is some other option : 2checkout, Stripe, ACH Payments, Wepay, Authorize, Dwolla, Amazon Payments, Google Wallet, Payline, etc.....
     
  6. Kingam

    Kingam Regular Member

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    In all honesty there is really no payment processor that is good for people making big bucks! I personally use Paypal and have had no issues getting huge payments but ive had my account for 5 years and it's verified + the things I make money from are not risky. Sometimes if you sell training , or social accounts, etc. Paypal sees this as risky because if people keep charging back or filing disputes Paypal will lose money off of the small % they get from the business transactions.

    You should do bank transfers, stay with Paypal, or you could used any other processor (skrill, neteller, payza, perfect money, etc) but you will possibly run into the same problems.
     
  7. RightFootFanatic

    RightFootFanatic Regular Member

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    For webshops I go with Amazon Payments. Login and Payment with Amazon works really good for us.
     
  8. RuthSam

    RuthSam Jr. VIP Jr. VIP Premium Member

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    I have been using PayPal, Payoneer and Skrill for a long time. Just for a few months ago I add Neteller to the list as a valid option. Atm I testing a few other services all offering a debit card!
     
  9. ttmschine

    ttmschine Regular Member

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    I need to find another because out of the blue - after using them for maybe 4 years, Paypal have told me that "since I am a new customer money will be held for 21 days" - WTF?

    In the past I tried swapping to Google Wallet and saw sales fall by about 70%, I think Paypal works well at increasing conversions because so many people have a paypal account and they trust it.

    If they have to sign up, fill in details - whatever - rather than sign into Paypal and hit a button - it stops a lot of people from buying.
     
  10. superj2016

    superj2016 Newbie

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    if your transactions are already hitting thousands (First transaction 4k) why not get a direct gateway from bank?
    It'll be way cheaper then paypal and itll go direct to your bank account.
    they might charge a gateway one time fee of 200-1,000 depending on your country or bank.
    You should get better conversions then paypal cos not all people use paypal
     
  11. Low/No Income

    Low/No Income BANNED BANNED

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    I've called my local paypal agency here in Chengdu, China, and they've shut me off because they say I am not generating income for them.
     
  12. mrarowana

    mrarowana Junior Member

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    Payza and Payoneer