Question for members from Pro Tech
Posted 15 November 2012 - 05:51 AM
Thanks for your response,
Posted 15 November 2012 - 06:43 AM
I pay a monthly service fee regardless if I use the merchant service or not , also pay an additional fee becauee I have a wireless terminal for shows. if I don't sell a single thing via credit cards sales it still costs me about $60 (thats never happend btw ,,,,although I have got real close in the past few months )
I also do paypal ( currently ebay only though ) and I don't pay any fees if I don't use them for a sale .
Both have there vices , especially Paypal
IF you get a chargeback most merchants will take into considerations from both sides , Paypal could care less about the seller and in every instance ( that I am aware ) of has sided with the buyer
Posted 15 November 2012 - 11:54 AM
I use Paypal , and it's well worth it ! Thus far , only one problem ( yes. , paypal sided with the idiot ) . He returned the DVD , I refunded the money . You'll see your sales increase , that's a given . I haven't regretted it for one minute !
A word of advice .... Set up a separate free checking account to accept the paypal payments . Once the money is deposited , you can then transfer it over to a different account . This way your main bank accounts are kept safe if hacking should occur .
Posted 15 November 2012 - 12:11 PM
Posted 15 November 2012 - 12:30 PM
That's one regret I have with Paypal Donn. I'm paid by the US Government, one time per month. They give you a Mastercard that can be used as a Debit or Credit Card when making a transaction. My paycheck is direct deposited one time per month the third of each month therefore having the Debit/Credit card I have no need for a checking account. When I created my paypal account, I linked my Debit/Credit card to my paypal account. Because I don't have a checking or savings account I was never able to get verified because I couldn't link a checking or savings account to my paypal account. I can pay for items with the paypal account the same as having an account linked to my account but I can never with drawl money from my paypal account even if someone should pay me through paypal because the balance is just listed as a credit through Paypal. When I check my balance on my paypal account, it always reads $0.00 even though there's Thousands of dollars on my Debit/Credit card account. Its a weird setup but its how I'm set up so I have to deal with it.
So why don't you just open up a normal checking account somewhere and get yourself a paypal account?
Posted 15 November 2012 - 07:05 PM
Posted 16 November 2012 - 08:05 AM
Edited by sjordan2, 16 November 2012 - 08:44 AM.
Posted 16 November 2012 - 08:47 AM
It might result in you having to charge more for the product or adding a slight service charge for credit card orders but in the end it may be unnecessary if the increase in business generates enough profit to offset the extra costs.
Posted 16 November 2012 - 01:43 PM
Good Luck and keep us posted please.
Posted 16 November 2012 - 06:58 PM
The reason I can't buy from you direct before is the money order issue, the fee almost always costs more than the order itself and I'd need to get it during lunch hour, when everyone is going to the bank at the same time. I bought them from Model Express before, but it appears I'll need to find a new outlet soon and I hope I can finally get them directly from the source.
With credit card the setup will be more complicated with the online shop and such, but with Pay Pal you would not need to change much from your existing setup. Just send a Pay Pal request to your customers when they placed their order.
Edited by fumi, 16 November 2012 - 07:01 PM.
Posted 16 November 2012 - 07:02 PM
domestic and foriegn vendors. Secure credit / debit sales add an element of security for everyone involved. I have
been refused sales if using a domestic (US) money orders from overseas vendors who only want an international
money order that they don't get charged to cash. (Which on the buyer's end in a pain to find.)
I would be more likely to purchase from nearly any company who either offers secure online Credit / Debit Card sales
or Pay-Pal. I know that Debit Card and Pay-Pal have transaction fees associated with them, in most cases I would
be willing to bear some reasonable part of that fee. I purchase nearly everything on a cash basis, which includes checks.
I have had a vendor or two hang onto a check for almost 90 days and have had to contact them to process the check.
So if I am able to cut the check of money order out of the deal I will in a heartbeat!
Edited by Skip, 17 November 2012 - 12:46 PM.
Posted 17 November 2012 - 07:05 PM
Posted 18 November 2012 - 03:18 AM
Posted 18 November 2012 - 05:26 AM
Posted 18 November 2012 - 05:51 AM
Posted 18 November 2012 - 04:40 PM
Posted 18 November 2012 - 04:46 PM
Edited by martinfan5, 18 November 2012 - 04:46 PM.
Posted 18 November 2012 - 05:37 PM
Posted 18 November 2012 - 06:26 PM
Posted 19 November 2012 - 02:21 AM