Has anyone used paypal to accept credit card payments? If so is it difficult? I set up an account but have not used it yet. I'm not the brightest when it comes to these things so I'm looking for advice from you all who might have used it.
I use PAYPAL on ebay and yahoo and other auction sites. I am verified 1313 right now meaning I have done business with at least that many people. I know it's more but it takes time for it to catch up sense it only logs your verified # every 3 months of each transaction. It takes a 3% fee for money coming in being PAID TO YOU, but does not charge to use it on your money going out paying for things on or off line. I use the money I make on ebay all over the world with my mastercard they issued me for it.
You will need to connect a bank account# or a good credit card to it to use it online though, if you haven't just yet you can only add money to it by having someone pay you for something and can't get it out or use it until you get your Bank account or credit card verified.
If you use your issued mastercard off line as a credit where you have to sign the reciept you get a small percentage of your purchase back, but if you use it as a debit card you get nothing back. Your debit card pin# will have to match the Credit card or bank account pin# to use it off line as a debit. You can put money into it directly from your bank account or creidt card, and you can transfere money into your bank account directly from paypal. And I go to kroger to with drawl CASH when I need to. Withdrawing your cash like that as a CASH BACK transaction and taking your money directly to your bank account for deposit is faster then waiting 3 to 5 days it takes paypal to clear it online.
I buy food, gas, clothes, and everything else with my PAYPAL master card.
I hope I didnt sound like a commercial LOL!
***Edited By: peanutmypoodle on 9/15/2005 11:11:02 PM*** Reason: *
Warning: Once you accept credit card payments on paypal they will charge you a fee here on out whether or not the buyer pays with a credit or a bank draft. So if I were you I will create two separate accounts. One for bank drafts only and one account for credit card payments only. I seel numerous things on ebay and when you sell something for cheap it sucks to pay ebay and paypal. They deduct too much. They don't charge a fee for bank draft payments.
I personally don't like PayPal. I will say this before you decide to use PayPal run a Google search on them. There are many people who have been run through the ringer and lost lots of money through PayPal. Make sure you do your reasearch before comitting yourself to them.
people had problems with paypal in the past. ebay bought paypal and ever since then i have used paypal and never had a problem in years. if you shop on ebay at all you would know that more than 90% or more (rough estimate) accept paypal. you will discourage many buyers if you don't accept paypal. they like to pay without having to buy money orders and money orders have to be mailed. too long a wait. when i sell i personally like paypal the best. i get the money right away and i can send the item the same day. waiting for money orders to come and checks to clear .. what a bummer. You can't send the item till the check clears.
toydoglover Yahoo auctions are FREE of all fees now. If you email me I'll send you another link to a site I use FREE, I didn't want to advertise it here.
lovinmyhubby Ask me anything you dont understand about PAYPAL it is a great way to do business online and reguardless of the FEES, it makes your life easier. I don't gripe about the fees because its paying for a service.
I have NEVER had a problem with my account and if a payment or something is pending, you can always call their toll free# and ask them to speed up the account. I do it all the time.
Also if you dont get your product from the person you buy it from within 10 days, you can go file a complaint, then if you dont get it back within another 10 days after that, you get a full refund if the seller can not prove delivery to you with a tracking#.
This one person bought a ebook from me then complained to me he didnt like the thing and he filed a complaint against me, so I went into my account and printed a lable with a tracking# on it, and sent the lable to his address proving delivery, paypal never did give him a refund.Because I proved delivery.I do not cater to buyers remorse on any level. And he knew what he was paying for. So I did what I had to do and he never did leave me any feedback LOL! I noticed in his that all he ever bought was ebooks, and he had a few complaints about how hed get a refund from paypal, but he didn't get one from me.
Some people think this internet thing is a big game they can fool with.
Not trying to start a arguement over this but...There was a class action lawsuit filed against PayPal-E-Bay and Essex Tech. on July of this year. All I am saying is see the full picture of a company before you decide. You may not have had a problem..Peanut may not have ever had a problem will PayPal but many many people have. And its all online for those that want to find out about it.
In March 2005, eleven dissatisfied customers filed a class-action suit against eBay, PayPal and the Essex Technology Group. The plaintiffs claim that PayPal customers forfeited charge-back rights contrary to the promises in PayPalís user agreement. Customers using bank accounts claim they sacrificed even more rights in that when products purchased by these customers were not delivered or were defective, the customers found they were unable to obtain refunds. The suit alleges breach of contract, fraudulent inducement and violations of the Racketeer Influenced and Corrupt Organizations Act.
Essex is an electronics liquidator popular with eBay buyers looking for cut-rate prices on electronic equipment. The suit alleges that decisions about charge-back disputes were generally at PayPalís discretion and frequently in Essexís favour. The lawyer representing the plaintiffs said their suit was based on, among other things, the findings of the New York Attorney General made in an investigation over a year ago which found that PayPalís user agreement misrepresented certain terms and conditions. That case was settled with eBay agreeing to pay $150,000 in penalties and costs.
*********Over 80% of registered eBay users accept PayPal. Only 11 customers sued LOL *****
Not trying to start a fight but your statement is quite misleading.
Do some sellers ask that the buyer pay that 3% fee? I would think that would be reasonable or atleast split it. It makes me nervous but I also don't want to discourage buyers since nowdays everyone wants the easiest route.
You mentioned the lawsuit so I wanted everyone to know what the lawsuit is about. I just wanted to share with everyone that ONLY 11 COMPLAINED. Paypal does business with millions on ebay and 80% of ebay users accept paypal. 11 is hardly a good representation. If you go anywhere on the internet it's not very hard to find a website hating something or someone. You can find sites praising something or someone too. The internet has every view point known to man. There are sites that praise Hitler too doesn't mean I believe them.
Why not let her experience the paypal she wants to enjoy instead of go to all this trouble to try and warn her about problems of the past?
Grant it let her look at those links they are public domain.
And like someone said, ever sense ebay took it over there have been no techinical problems with using their services. Just because other people don't like their service and file complaints,,, what was it? 11 people out of the rest of the world? Doesn't mean their services don't work for the rest of the world. I'm positive she could have found those links on her own search.
Oh well carry on your own debate..................................
Lovin, I make my living selling on ebay so that should give you an idea of how much business I do on ebay. I also buy everything on ebay. I hate paying full price for anything. I use paypal on every transaction. I have never had a problem. You stated you already use paypal so discouraging you from using it is out of the question. You are just asking about the credit card aspect. As a buyer I will not buy from a person who will expect me to split paypal fees. I am willing to bet it's against ebay rules but you can check on it. You do not want to alienate people. You should include all fees in your auction, make an estimate of the cost of gas, packing materials, ebay and paypal fees etc and include it in your price so you won't lose money. Like I said previously creat two paypal accounts. One for credit card payments and the other for bank drafts. If someone pays for with a bank draft you won't pay a fee but if that account accepts credit card payments you will be charged a paypal fee whether or not you get paid with bank draft or credit card.
lovinmyhubby inside your auctions YOU make your own shipping fees. I always charge my customers at least $1.00 over the accual shipping fee to make my customers PAY for my auctions and my paypal fees. Depending on what you are selling. I always and never charge under $3.85 a standard priority fee but I do not use priority mail in most cases. That is where I make my auction and paypal fees back. And with a fixed price for shipping I have litterally no complaints about any of my shipping fees.
No I don't charge my customers with a fee for packaging and gas and handling fees, because I believe if you are going to sell something it is the sellers responsiblity to PAY for their own shipping and packing supplies, just like any other vender does. I do not charge one because I'd rather have customers then them go somewhere else for the same thing without all the fees. I also do not buy from sellers who claim a handling fee will apply to my purchase. I simply do not mention anything inside of my fees. Because they arent paying anymore then the accual cost anyhow.
But this is totally up to each seller as they run their own business.
***Edited By: peanutmypoodle on 9/16/2005 12:34:54 AM*** Reason: *
peanut you and i do business on ebay so the newbies don't really know what they are talking about. rebel probably doesn't sell on ebay from the sound of it. she probably sold old clothes on ebay once last year hahaha. peanut you keep quoting me haha you can add the fees of packing gas paypal and ebay fees to the shipping cost because I do it all the time. hey i am not gonna give my stuff away for free . peanut i get pissed off if people say priority mail then ship my stuff regular mail that is lying. you can use the shipping calculator and add 3 dollars for the handling fee or however much you want(don't worry the customers won't see it) they just see the total. i use the calculator only if the item is heavy because you can't charge california and south carolina the same shipping. now if they item is not heavy you can have a set shipping cost and i pad that too. people expect it on ebay and if it's a fixed shipping they agree to it anyway before they bid