Paypal vs 2CO
- Thread starter mmelen
- Start date
Caronet-Hesham
New member
2CO looks like a more professional solution for a webhost
Hypnotique
New member
I would use both, as it opens up your client range a little bit better. The more options they have, the more of a chance you have of getting those that don't have 2CO or vice-versa. I believe in offer as many options for clients as possible.
TorrentHost
New member
We use both, paypal might be a little easier since you can choose when to withdraw your money. And the Debit card you can get from them works great!
But if you want to accept credit card 2co is the way to go, 35 dollar on time setup fee is cheap compare to other merchants
But if you want to accept credit card 2co is the way to go, 35 dollar on time setup fee is cheap compare to other merchants
shotthebreeze
New member
I prefer 2CO over Paypal, not only because there's no monthly fee, but because Paypal locked my account for 3 months.
StackedTech
New member
I use 2CO and Paypal.
I preffer 2CO but most of my customers use Paypal.
Paypal have never locked my account, but they have put some payments on-hold without any reason. Then after 3-4 weeks, they reverse or release the money and don't tell you what the problem was. If someone claims an unauthorized use of his/her account, Paypal just reverse the payment. No matter if the information you have in your records (IP address, name, phone number, street address) match with Paypal records.
I preffer 2CO but most of my customers use Paypal.
Paypal have never locked my account, but they have put some payments on-hold without any reason. Then after 3-4 weeks, they reverse or release the money and don't tell you what the problem was. If someone claims an unauthorized use of his/her account, Paypal just reverse the payment. No matter if the information you have in your records (IP address, name, phone number, street address) match with Paypal records.
We use both PayPal and 2CO (not lately, as it's not real easy to setup with our shopping cart).
Both have advantages.
Out of the entire time we used PayPal, we had one major problem with them.
When we had AvidNewMedia, we had a customer who paid her monthly $18.99/mo bill, and was charged $789. It appeared on her card as a charge from PayPal AvidNewMedia. She of course, then did a chargeback.
PayPal told us that there was nothing they could do.
After a week of back and forth communication between the customer and us, the customer and PayPal, PayPal and us, etc, we found that it was PayPal's fault indeed. They used our transaction to bill the customer for an additional amount that she owed them. Since they used our charge to do it, it looked like WE charged her $800. Of course when she did the charge back, she did the chargeback for $789, which went against US. Again, PayPal stated that there was nothing they could do.
We faught it for the entire following week, and finally the chargeback was reversed.
Both have advantages.
Out of the entire time we used PayPal, we had one major problem with them.
When we had AvidNewMedia, we had a customer who paid her monthly $18.99/mo bill, and was charged $789. It appeared on her card as a charge from PayPal AvidNewMedia. She of course, then did a chargeback.
PayPal told us that there was nothing they could do.
After a week of back and forth communication between the customer and us, the customer and PayPal, PayPal and us, etc, we found that it was PayPal's fault indeed. They used our transaction to bill the customer for an additional amount that she owed them. Since they used our charge to do it, it looked like WE charged her $800. Of course when she did the charge back, she did the chargeback for $789, which went against US. Again, PayPal stated that there was nothing they could do.
We faught it for the entire following week, and finally the chargeback was reversed.
Paypal can be a good option to offer as it's used by so many people. Small time internet marketers that want to host affiliate or adsense websites like it because they have money in there already. I have them asking me constantly if I accept Paypal.
I don't have any issues with Paypal, but do recognize the downside of some of their policies.
I don't have any issues with Paypal, but do recognize the downside of some of their policies.
Birmingham
New member
i would use as many as possible to give my clients all the options. the best is paypal due to it's well-matured and trusted image, but in the future the best may be google checkout. does anyone have experience with using this? :santa:
Last edited:
ok then maybe it it's me having bad luck with paypal. But for awhile we had a total bad streak with them and it seemed to have happened when we started doing big number with them. We stopped using them for awhile and just starting using them again but with out the cc enabled thu them and things seem to be much better that way. We now us authorize.net for cc
We use both Paypal and 2checkout with our company. Paypal has always been my first choice. The reason being is we tend to see alot less fraud with it and it works well with our billing system.
Now 2checkout can be very good except for 2 things. The first one is their fraud checks are terrible. They will pass orders that are so apparent to be fraud that it almost pokes your eye out. We had to incorporate an additional system to do fraud checks.
The other downfall of 2checkout is that their reoccurring billing does not work with our billing system yet. I guess I can't hold that against them and maybe it should held against the billing system, but that is another downfall for us.
Aside from those 2 things 2checkout is not a bad way to deal with credit card payment.
Now 2checkout can be very good except for 2 things. The first one is their fraud checks are terrible. They will pass orders that are so apparent to be fraud that it almost pokes your eye out. We had to incorporate an additional system to do fraud checks.
The other downfall of 2checkout is that their reoccurring billing does not work with our billing system yet. I guess I can't hold that against them and maybe it should held against the billing system, but that is another downfall for us.
Aside from those 2 things 2checkout is not a bad way to deal with credit card payment.
The US Division of Paypal is much better the UK Division. In terms of Support, Response Times and policies.
However in the last 2 years Paypal has improved when to limit an account or not. Paypal does ask for two sides of the story and with the right proof, the issue can be resolved, and 99% the right result was favoured. Think of Paypal as Judge Judy. {Well that will sure increase accounts lol.}
However in the last 2 years Paypal has improved when to limit an account or not. Paypal does ask for two sides of the story and with the right proof, the issue can be resolved, and 99% the right result was favoured. Think of Paypal as Judge Judy. {Well that will sure increase accounts lol.}
Speaking of Paypal (UK),
I've noticed a law break. The Data Protection Act of 1998 clearly states that The data should not be kept any longer than necessary; in this case if you decide to close your account.
Somewhere in their database they have kept Bank Information as the system refuses you to add your bank account because you've opened one in the past with that bank account.
I've noticed a law break. The Data Protection Act of 1998 clearly states that The data should not be kept any longer than necessary; in this case if you decide to close your account.
Somewhere in their database they have kept Bank Information as the system refuses you to add your bank account because you've opened one in the past with that bank account.
; electronic-payments.co.uk/product_data.jsp
Forum supporters
Save 37% Off Plesk License
Official Plesk Partner, Instant License Delivery, No Contract Commitment. Grab Your Savings NOW!
cplicense.net
Official Plesk Partner, Instant License Delivery, No Contract Commitment. Grab Your Savings NOW!
cplicense.net
Up to 30% Off on KVM VPS
Significant discounts on KVM VPS SSD. Worldwide Locations. Full Root Access. Instant Deployment.
greenwebpage.com
Significant discounts on KVM VPS SSD. Worldwide Locations. Full Root Access. Instant Deployment.
greenwebpage.com