PayPal is a nightmare for the merchant if the client is not honest.
They are not a bank nor regulated as one, last I recall.
And if you do deal with them, take precautions.
setup a separate bank account to deal with them in a different bank
than you use for your main business accounts and never leave any
real money in it that you are not willing to loose.
And last of all, they can't be trusted, nor can you get a person on
the phone to fix things when they mess them up.
On 5/16/2012 8:19 AM, Faisal Imtiaz wrote:
If u think PayPal rates are low... Then u have not seen what
rates IP Pay offers... :)
The real benefit with IP Pay is that there is no finger
pointing between multiple entities involved with credit card
processing.
Pay pal is easy to sign up, easy to use, more expensive tan
other options....but pain in the rear to deal with when u have
charge backs and other issues....
Faisal
Guys..
believe it or not... paypal's rates
are really low if you're billing over 3,000 USD a month
AND as an organization like WISPA... someone can just call
in and get negotiated rates using a promo code...
I did it for several organizations i
was a part of!
WISPMon
and IP Pay handle this for me.
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