Comments on: Why Paypal Is A ‘Must Have’ Payment Option For Your E-Business

By: Entrepreneur Solo

Entrepreneur Solo — Sat, 13 Mar 2010 23:43:08 +0000

Just found this and couldn’t believe the date. You were well ahead of the curve here Yaro. Paypal is totally necessary now in so many ways. I couldn’t imagine life online without it now. Is there anything better upcoming, I don’t think so.

By: janani

janani — Wed, 09 Dec 2009 11:41:16 +0000

There is a massive change underway in the mobile media market as it becomes unshackled from the operators’ portals that have dominated it for a decade, all without having made any significant inroads into the content use of mobile users. The new capped data packages, fuelled by further competition, will see a total revamp of the mobile media market. It will no longer be based on portals but on direct services by content and services providers via open source phones and mobile-friendly Internet-based services. The next step is the continued emergence of m-commerce and in particular m-payment services.

http://www.google.com

By: uchman

uchman — Sat, 24 Oct 2009 16:19:03 +0000

Paypal no doubt is the best online and widely recognise merchant account online as of recent,but i dont like thier monopoly of the online market because of product you will like to buy …requires you having apaypal account…

By: Digital Photography Basics

Digital Photography Basics — Mon, 07 Sep 2009 17:13:52 +0000

A friend of mine in 2003 lost about $14,000 after paypal blocked him. 6 months later when they released his account, there was nothing there. It took a long battle without much success.

By: How To Choose a Career

How To Choose a Career — Mon, 07 Sep 2009 17:12:41 +0000

Paypal is a must because we don’t have an equally good service or better.

By: Drum Loops

Drum Loops — Thu, 20 Nov 2008 16:15:59 +0000

I accept paypal payments for some of my products on my blog at the moment via the “linkloc” script but I was wondering if anyone could recommend me a decent (meaning pretty and quick) shopping cart plugin for wordpress that will accept paypal payments?

Thanks in advance,

By: Tony - Nigerian Entrepreneur

Tony - Nigerian Entrepreneur — Fri, 02 May 2008 15:57:04 +0000

Nigerians residing in Nigeria are not allowed to open paypal account. It is a major headache for many online businesses operating from Nigeria. The little transactions I have done with using PayPal were routed through friends living outside the country. I do wish there is a better alternative to PayPal

By: Manuel

Manuel — Sat, 18 Aug 2007 10:09:55 +0000

I hope that there will be a alternative to paypal soon.

By: How To Launch A Membership Site - Part 3: Technology » Internet Business Blog - by Yaro Starak

Mon, 06 Aug 2007 02:08:43 +0000

[...] The above providers are what I considered for Blog Mastermind and still consider for future membership sites. I’m also considering a fully fledged merchant solution with a local bank, which would hopefully eliminate unwanted cancellations. I’d offer it as an addition to Paypal because many people prefer to use their Paypal balance rather than their credit card (see this article to explain why not having Paypal is not an option – Why Paypal Is A ‘Must Have’ Payment Option For Your E-Business). [...]

By: Cristi Serban

Cristi Serban — Wed, 29 Nov 2006 10:24:33 +0000

We should try to use other payment methods and avoid pay-pal related sites…

By: Miha

Miha — Wed, 29 Nov 2006 09:07:20 +0000

I hate Paypal’s policy how they choose countries which can accept money through their program.

My country Slovenia is more than 2 years a member of EU and on 1/1/2007 we are going to use Euro as our currency but PayPal still doesn’t allow us to accept payments. It looks like this will never change.

By: Cristi Serban

Cristi Serban — Sat, 18 Nov 2006 13:04:48 +0000

Can you send ma an e-mail for “Iâ€™ll show you how to accept Paypal indirectly(higher fees may apply but it is still worthwhile)”?

I am from Romania too and I inted to use paypal for software sell/buy.

Thank you.

By: Lest You Think I Was Beating Up On PayPal at FreshBlogger

Lest You Think I Was Beating Up On PayPal at FreshBlogger — Thu, 09 Nov 2006 11:26:53 +0000

[...] I’m not backing off my criticism, of course, and no one has contacted me from PayPal regarding these posts. I do think their customer service could be improved a little bit to make it less rigid and more accommodating to users actual requests. I have to wonder, though, if this type of service is much better than the bored, gum-chewing customer service operators we used to get back in the good old days. Regardless, I’m thankful for a service like PayPal and I think they’re a necessary part of doing business on the web these days. For a more in-depth viewpoint on why you should be using PayPal, check out this post on Entrepreneur’s Journey. Share this post:These icons link to social bookmarking sites where readers can share and discover new web pages. [...]

By: The PayPal Rules: 123 Million Reasons Why Not Using PayPal is a Mistake : E-Auction-Air - eBay,e-Commerce News and Information

Fri, 03 Nov 2006 22:38:06 +0000

[...] In his Blog, Entrepreneur’s Journey, Yaro Starak makes some very good points re using PayPal as an e-commerce payment solution. Forgetting for the moment all of the PayPal negatives that pass for wisdom on-line(e.g. Google search results for “PayPal Sucks” = ~ 87,000 results) , Yaro instead focuses on PayPal’s strengths….and end-of-the-day, these strengths are foolish to ignore. [...]

By: Google Success

Google Success — Thu, 02 Nov 2006 14:30:21 +0000

Did you read today’s news that PayPal office was bombed? You can check it here

http://www.searchenginejournal.com/?p=3964

By: Cristian Mezei

Cristian Mezei — Thu, 02 Nov 2006 13:01:11 +0000

Got it. I have to go into a meeting now, but I’ll read it later.

Thanks a lot.

By: Andrew

Andrew — Thu, 02 Nov 2006 12:58:02 +0000

Christian I’ve emaield you at your blog.

Andrew

By: Cristian Mezei

Cristian Mezei — Thu, 02 Nov 2006 10:45:53 +0000

Andrew, I am open to anything, as lonmg as it’s legal and it doesn’t brake any TOS.

I sell only online services/products (marketing servics, links in directories etc). None tangible.

By: Andrew

Andrew — Thu, 02 Nov 2006 03:36:12 +0000

Christian let me know if you sell digital or tangible goods.
I’ll show you how to accept Paypal indirectly(higher fees may apply but it is still worthwhile)

Andrew

By: m

Thu, 02 Nov 2006 01:01:54 +0000

Cristian Mezei’s problem is an example of how PayPal has been a blight on ecommerce for the past 9 years.

But of course only those in his pradicament understand or even care.

I could go on but I’ll stop right there

By: Cristian Mezei

Cristian Mezei — Thu, 02 Nov 2006 00:08:38 +0000

I can’t have Paypal. Romania is not on their list of accepted countries.

Even If i get an account with one of my off-shore companies, I still can’t access it with a Romanian IP. So damn them.

I think I get an e-mail from 1 in 5 customers, asking me : “Can’t I pay with Paypal ? I can’t pay trough 2CO, sorry”.

So, bad business for anyone who wants to sell products/services to US, and doesn’t have a Paypal account.

By: Google Success

Google Success — Wed, 01 Nov 2006 22:12:18 +0000

PayPal is easy to set up on any website for accepting payments but one should not ignore the negative factors which are not favourable especially for online merchants selling digital items. Paypal always favor customers and even if customers send fake complaints to paypal that they could not download the product, Paypal refunds the money to the customer. It is a loss for the merchants.

For online merchants selling expensive tangible items like cars, car Parts etc. PayPal is not recommended. Why? PayPal is a favorite target of phishers. Many times you would find unexpected money in your PayPal account – which the scammers get from PayPal accounts they have phished. And then they will demand a refund of the money. In the mean time the genuine PayPal account holder complains to PayPal about the fraudlent activity and your PayPal account gets frozen for something which is not under your control. Once the account is frozen your online business comes to standstill.

By: Andrew

Andrew — Sun, 29 Oct 2006 00:30:25 +0000

Rita I think you’ll find Premier and Business account holders can indeed accept credit card payments.

While I realise it’s not the point of Yaro’s post, it is certainly another big reason to use Paypal.

Andrew

By: Yaro

Yaro — Sat, 28 Oct 2006 15:40:31 +0000

Right Rita, which is exactly why I have the caveat in my artitlces.

By: Rita Wilhelm

Rita Wilhelm — Sat, 28 Oct 2006 15:39:36 +0000

I can see the benefit of ‘play money’ for existing paypal users. I think, for a merchant, paypal can be an additional option. I wouldn’t keep it the only option for payment, as many people will be unable to pay, or give up trying.

By: Yaro

Yaro — Sat, 28 Oct 2006 15:35:57 +0000

Andrew – that’s true, but again, not the point.

The point is people keep a running balance in their paypal account which is their play money. This is money they have built up from perhaps selling on ebay or just from the course of buying and selling online.

People also have an established comfort barrier with buying using paypal.

It’s about the marketing psychology, not the practical abilities of the Paypal service.

By: Rita Wilhelm

Rita Wilhelm — Sat, 28 Oct 2006 14:18:18 +0000

That’s if the merchant has a Paypal Pro account. A regular business account requires the buyer to have a paypal account too.

By: Andrew

Andrew — Sat, 28 Oct 2006 06:53:22 +0000

Buyers don’t need to have a Paypal account to make purchases. They can pay with their credit card.

Andrew

By: Yaro

Yaro — Sat, 28 Oct 2006 02:15:47 +0000

Rita I can see your point. What I am saying is that there are millions of people online who keep a running paypal balance which they like to use to spend online.

If they come to your site and don’t have the option of spending their “play money” in paypal you may just lose the sale.

By: Rita Wilhelm

Rita Wilhelm — Sat, 28 Oct 2006 01:53:07 +0000

I would have agreed with you about a year ago, but I have to say that I now strongly disagree with your statement. The reason is that Paypal has made alot of changes to their security.

If someone does not have a paypal account set up and ready to go, you can forget about a spur of the moment buying decision. Now, Paypal requires the every new paypal account to be validated by the bank, and once that is done, the credit card needs to be validated. This entire process can take up to 10 days. Most likely the buyer will give up on the purchase.

Additionally, if you have a subscription through paypal, and you set it up on a credit card, only the first payment is done on a credit card. The subsequent payments are taken out of the buyer’s bank account, which can be a surprise to the buyer, as they assume that the charge will occur on their credit card. This leads to a bunch of customer service issues for the merchant.

I think Paypal was a good service at one point. Now… I don’t have alot of good things to say about them..