I have decided not to use paypal anymore because of the following:
1) Their rates are too high - we are paying 2% which is their lowest fee.
2) They do not accept Maestro cards and other commonly used cards.
3) Refunds can take up to one month to reach our customer (ie 1 month after we have initialized a refund through paypal).
4) Their virtual terminal rarely works for international currencies.
5) Accounts and figures are often 'not available'
6) You can only take payments from one site for each paypal account.
7) If you open a second account for a second website you can't use the same bank account as the first site - What!? So need to budget for an additional set of business banking charges.
8) Authorsied orders often end up in the Actinic 'pending payment' folder.
I thought this information may assist some of you in deciding on your PSPs.
Best Wishes
Geraldine
1) Their rates are too high - we are paying 2% which is their lowest fee.
2) They do not accept Maestro cards and other commonly used cards.
3) Refunds can take up to one month to reach our customer (ie 1 month after we have initialized a refund through paypal).
4) Their virtual terminal rarely works for international currencies.
5) Accounts and figures are often 'not available'
6) You can only take payments from one site for each paypal account.
7) If you open a second account for a second website you can't use the same bank account as the first site - What!? So need to budget for an additional set of business banking charges.
8) Authorsied orders often end up in the Actinic 'pending payment' folder.
I thought this information may assist some of you in deciding on your PSPs.
Best Wishes
Geraldine
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