Do you payout by checks or payment processors such as Paypal?

Paypal, CC. If it's a refund then it goes back the way it came.

Paypal and CC.

PayPal in majority cases.

Paypal works and it is majority cases.

Paypal, cc, and pretty soon Google Checkout.

Agreed paypal is safe and secure and you dont have to worry about chargebacks.

I wouldn't if I were you. We lost xx $ from false orders using google checkout. It appears as if they dont check the cc numbers right away instead you can feed them false info the money appears in our account as pending so we accept the order then google cancels it because of a false cc number and we loose our $$ on domain and any hosting he used. Not to mention its a waste of time.

I was thinking of looking into Google Checkout, but with this mentioned I think I will wait to see more reviews on their system.

2co, cc and Google Checkout

It depends, we use PayPal and 2CO (for CCs) which is much better than processing the CC ourselves and having fraud issues. However even with 2CO this same issue comes up since fraud checks take a couple of hours to process. Luckily most people do not register a domain name and we just mark it as fraud.

My best advice is go with Google Checkout or whatever means of affecting cash you choose and use something like MaxMind BEFORE the transaction is even completed to catch fraudulent users before they can even enter false CC info. MaxMind is cheap, automated and catches about 90% of fraudulent users. The rest get caught by 2CO which is about 1 in 20 sign-ups.

The risk is always there but if you get more business due to Google Checkout or what have you...it can be worth it with some fraud check of your own.

That isn't entirly google's fault. Personally, you should also be checking payments manually. I always checked the IP's, home address and sometimes even called, if I felt it was a large order. It saved me a few times, since I did get a few fraud orders and when I called the CC owner, they never knew their card was even stolen.

If we suspect a fradulent payment, we will call the client just to verify then if it is fradulent we will immediatly cancel the payment and report it.

I agree but clients like quick and easy setup.

I'd say do check over paypal, but thats my stand. I just dont like the fact that paypal takes money out of the transaction

I use Paypal and soon moneybookers. I find PayPal to be quick, safe and secure. Most people have and prefer to use PayPal and some are requesting MoneyBookers.