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  Post #16 (permalink)   06-14-2008, 02:54 AM
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I Had Quite A Lot Of Bad Experiences With 2CO
Highest Rates And Worst Service Is Their Motto
Hope You Get A Decision In Your Favour
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  Post #17 (permalink)   07-06-2008, 07:54 AM
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I havn't used 2checkout in a long time. I hope it works out for you.
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  Post #18 (permalink)   08-31-2008, 02:26 AM
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All guys reading this, --> stop using 2CO. they take high commissions and their service is average only. I have been trying to integrate 2CO with my hosting co i own, but their process is complicated. they make the complicated, uncomplicated.

I just hate it.
 
 
 


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  Post #19 (permalink)   09-01-2008, 07:20 PM
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I use 2CO, but would never try to send such a huge transaction through them or PayPal. I'd be afraid of the chargeback.
Even cashiers checks can be forged, so be careful there.
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  Post #20 (permalink)   09-16-2008, 08:10 AM
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Thats sad! However there are always exception.

We have been using 2CO since 2002 and really no issues!
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  Post #21 (permalink)   09-21-2008, 07:48 AM
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if you have such high voulme transactions why pay 5.5 % discount rate get your own merchant account and get 1.69% discount any way for 49k transaction they need to veify as lot of frauds happen on credit card
 
 
 


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  Post #22 (permalink)   09-30-2008, 05:17 AM
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Quote:
Originally Posted by shazim View Post
if you have such high voulme transactions why pay 5.5 % discount rate get your own merchant account and get 1.69% discount any way for 49k transaction they need to veify as lot of frauds happen on credit card
Well, what is the option if you are not US citizen ? One have to use 3rd party processors like 2CO
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  Post #23 (permalink)   11-11-2008, 07:31 PM
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We have used 2CO in the past and never had any issues with them either. We now use ECHO and they work great as our merchant account and they are great.

I certainly hope that nobody would do so much money through any type of a merchant account. You'd need to do a bank check and wait until the funds have cleared.

If you are overseas, then certainly do a wire-transfer. It may take a bit to get it, but atleast you won't be ripped off.
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  Post #24 (permalink)   11-12-2008, 05:59 AM
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I had my own problem with 2co recently.
I paid for a hosting account, in my name, with my credit card & they accused me of fraud, cancelled the payment but held the money.
Their support desk was useless & it took so long to sort out I had 2 websites down for half a week.
If paying for anything now I avoid companies with 2co & Paypal gateways. I only pay via Google checkout or Worlpay.

For anyone needing a gateway I have been looking at this one for my business http://www.free-merchant.com/
 
 
 


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  Post #25 (permalink)   12-26-2008, 08:11 PM
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I would stay away with 2co, they have high fee's! I believe its 5.0%+, paypal is around 1.9-2.2%. Your better of purchasing a real merchant account.
 
 
 


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  Post #26 (permalink)   01-23-2009, 02:59 PM
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Ouch, that really sucks. So far i've had a really good experience with 2CO but i haven't been dealing with payments anywhere near as large as that.
 
 
 


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  Post #27 (permalink)   01-25-2009, 08:00 AM
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Ouch. Sorry about your nightmare - I hope you get your goods back.

However, as what the others have said, 49K on 2CO is not a good idea. I don't think it would be a good idea on PayPal or any other payment proccessing service either, and a bank account transfer would have been the best way to avoid nightmares like this.
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