Re: Regarding PayPal (was Payments -> Bank Accounts)
This WebDNA talk-list message is from 2005
It keeps the original formatting.
numero = 63315
interpreted = N
texte = Same problem like before. The unique cc and bank account problem will = stay remain. These features like accepting the cc directly is not "new". = But the monthly fee $20 is "new" to me since I remember there is no = monthly fee in the past. -----Original Message----- From: WebDNA Talk [mailto:WebDNA-Talk@talk.smithmicro.com]On Behalf Of Terry Wilson Sent: Monday, October 31, 2005 5:36 AM To: WebDNA Talk Subject: Re: Regarding PayPal (was Payments -> Bank Accounts) This is great, except that they charge a $20/month gateway fee. This=20 pretty much rules out the client taking few payments or only doing=20 seasonal business. I didn't read the whole site, but if there are no=20 hidden costs, then 2.2% + .30 + $20/month really isn't too bad; about=20 the same as a normal merchant account by the time you factor in AVS=20 costs and other nickel-and-dime charges. I didn't see anything about=20 chargeback fees, but the intimation is that there is none. And there=20 is no setup fee. So maybe PayPal is finally doing something right. If they would drop that monthly fee, or even give a choice of a=20 higher percentage for no monthly, then we'd have something really=20 useful. My site lets organizations, businesses and individuals=20 collect money up front for events. Many organizations, such as social=20 clubs, and most individuals, don't have merchant accounts, and=20 therefore use PayPal to collect the $$. For them to maintain a PP=20 gateway -- or any merchant gateway -- would cost them $240 a year or=20 more. I have toyed with setting up a second Merchant account just for=20 WhosComing for the sole purpose of collecting payments for qualified=20 clients, but it's too soon for me to stick my neck out that way. With=20 the PayPal gateway and free chargeback protection, I might have a=20 look into it. If anyone has ever been down the road of collecting=20 money for other people (legally, within the limits of your merchant=20 account contract), I'd appreciate any caveats. Terry > "Dan Strong"
Paypal now has a direct payment gateway. >https://www.paypal.com/cgi-bin/webscr?cmd=3D_wp-pro-overview-outside --=20 Terry Wilson | terry@terryfic.com | http://terryfic.com http://WhosComing.com - a simplified, affordable online reservation = system http://TightPods.com -- stylish protection for your laptop -------------------------------------------------------------------------= - Attitude is the only difference between ordeal and adventure. ------------------------------------------------------------- This message is sent to you because you are subscribed to the mailing list . To unsubscribe, E-mail to: To switch to the DIGEST mode, E-mail to = Web Archive of this list is at: http://webdna.smithmicro.com/ ------------------------------------------------------------- This message is sent to you because you are subscribed to the mailing list . To unsubscribe, E-mail to: To switch to the DIGEST mode, E-mail to Web Archive of this list is at: http://webdna.smithmicro.com/
Associated Messages, from the most recent to the oldest:
Same problem like before. The unique cc and bank account problem will = stay remain. These features like accepting the cc directly is not "new". = But the monthly fee $20 is "new" to me since I remember there is no = monthly fee in the past. -----Original Message----- From: WebDNA Talk [mailto:WebDNA-Talk@talk.smithmicro.com]On Behalf Of Terry Wilson Sent: Monday, October 31, 2005 5:36 AM To: WebDNA Talk Subject: Re: Regarding PayPal (was Payments -> Bank Accounts) This is great, except that they charge a $20/month gateway fee. This=20 pretty much rules out the client taking few payments or only doing=20 seasonal business. I didn't read the whole site, but if there are no=20 hidden costs, then 2.2% + .30 + $20/month really isn't too bad; about=20 the same as a normal merchant account by the time you factor in AVS=20 costs and other nickel-and-dime charges. I didn't see anything about=20 chargeback fees, but the intimation is that there is none. And there=20 is no setup fee. So maybe PayPal is finally doing something right. If they would drop that monthly fee, or even give a choice of a=20 higher percentage for no monthly, then we'd have something really=20 useful. My site lets organizations, businesses and individuals=20 collect money up front for events. Many organizations, such as social=20 clubs, and most individuals, don't have merchant accounts, and=20 therefore use PayPal to collect the $$. For them to maintain a PP=20 gateway -- or any merchant gateway -- would cost them $240 a year or=20 more. I have toyed with setting up a second Merchant account just for=20 WhosComing for the sole purpose of collecting payments for qualified=20 clients, but it's too soon for me to stick my neck out that way. With=20 the PayPal gateway and free chargeback protection, I might have a=20 look into it. If anyone has ever been down the road of collecting=20 money for other people (legally, within the limits of your merchant=20 account contract), I'd appreciate any caveats. Terry > "Dan Strong" Paypal now has a direct payment gateway. >https://www.paypal.com/cgi-bin/webscr?cmd=3D_wp-pro-overview-outside --=20 Terry Wilson | terry@terryfic.com | http://terryfic.com http://WhosComing.com - a simplified, affordable online reservation = system http://TightPods.com -- stylish protection for your laptop -------------------------------------------------------------------------= - Attitude is the only difference between ordeal and adventure. ------------------------------------------------------------- This message is sent to you because you are subscribed to the mailing list . To unsubscribe, E-mail to: To switch to the DIGEST mode, E-mail to = Web Archive of this list is at: http://webdna.smithmicro.com/ ------------------------------------------------------------- This message is sent to you because you are subscribed to the mailing list . To unsubscribe, E-mail to: To switch to the DIGEST mode, E-mail to Web Archive of this list is at: http://webdna.smithmicro.com/
"Bess Ho"
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