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The Water Cooler
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Question about Paypal?
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<blockquote data-quote="vvvvvvv" data-source="post: 2102605" data-attributes="member: 5151"><p>I've paid for stuff using PayPal out of necessity, but I avoid it. I won't receive business transactions due to their terms and practices. If I were selling tangible goods with tracked shipping, then I might accept it. But I sell services, and all it takes is for one complaint and you're screwed because you can't provide proof of delivery through a reputable shipper. Run a conference or something else where you have seasonal sales, and watch your funds get frozen for several months because you took in too much money in too short time.</p><p></p><p>As for swiping cards through PayPal, for the card reader they're only competitive to ~$5K/mo. For online transactions, they're only competitive to ~$2K/mo when their additional fee schedule is included. After that, they become one of the most expensive processors out there, assuming average transactions in the $20-$50 range.</p></blockquote><p></p>
[QUOTE="vvvvvvv, post: 2102605, member: 5151"] I've paid for stuff using PayPal out of necessity, but I avoid it. I won't receive business transactions due to their terms and practices. If I were selling tangible goods with tracked shipping, then I might accept it. But I sell services, and all it takes is for one complaint and you're screwed because you can't provide proof of delivery through a reputable shipper. Run a conference or something else where you have seasonal sales, and watch your funds get frozen for several months because you took in too much money in too short time. As for swiping cards through PayPal, for the card reader they're only competitive to ~$5K/mo. For online transactions, they're only competitive to ~$2K/mo when their additional fee schedule is included. After that, they become one of the most expensive processors out there, assuming average transactions in the $20-$50 range. [/QUOTE]
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