Out of 3 years working with PayPal, we have only ever received 3 fraud orders during the over 5000 transactions put through our account. Now that is some impressive fraud screening!

Compare that to 2CO where fraud is rampant. We had a 2CO account for a month - what a horrible experience. Chargebacks, fraud orders, and problems transfering money to our bank account - The charge for attmepting to transfer with incorrect bank account information is rediculous - especially when the problem is at 2CO and not the bank information. We lost $200 in fees trying to move our money over - what a nightmare.

I must stress however, there is no substitute to having a merchant account. Third Party Gateways are fine but you will never bring in the same numbers you would have if you had a merchant account. Just my opinion based on sales.