My PayPal alternatives:
* Green pieces of paper with pictures of dead presidents on them
* Credit card
* Bank wire transfer
The only time I use PayPal is when I buy something on eBay.
Purchased an item on ebay and paid for it with my CC through paypal. Item was not as described , opened a pp claim and after 5 weeks it got closed. My CC can't do anything as it has been 30 days so we are looking at alternatives to avoid a situation like this in the future.
Paypal is a pain the ass. I had my account hijacked a couple years back resulting in the hijackers pulling a bunch of money out of my checking account. I freaked out, threatened legal action and finally got it returned. After that, I removed my bank account info from paypal because I figured it would be easier to get money back from my CC company if anything happened.
I didn't use my paypal account for a few years, but a month or so ago, I decided I was going to buy a new mountain bike. I've got a 12 month interest free introductory rate on my Amex, so I decided to just charge the new bike on my credit card using paypal. Well for some reason, they took the money out of my checking account (THAT I'D REMOVED FROM THEIR SYSTEM) and overdrew my checking account by 900 dollars. OOOOH I was seething mad. I had to file a fraud claim with my bank to get the money and the overage charges back, and it took the money back from the seller of the bike (who was then pissed at me). I eventually got everything straightened out after hours on the phone, but if they had just ACTUALLY deleted the information I wanted deleted, I'd be much happier.
I've bought one thing off Craigslist in my life (paid cash) and I'm unlikely use that to buy things very often. Once in a blue moon, I run into a retailer who won't take credit cards.
A couple of times every year, I have to pay for something by wire transfer. That's a serious PITA... particularly international transactions denominated in a foreign currency.
I only use PayPal for eBay transactions and I always pay by credit card when I use PayPal.
however I am looking for a payment system outside of paypal for processing small transactions (for e.g. buying a set of wheels on vortex or helix lights on craig list).
Google checkout? Does not seem that popular.
That goes with anything online, you're lucky it's not your bank acct.
All you have to do is get a security token added to Paypal to enable 2 factor sign-on so the hackers need more than just your password.
I don't really accept any of these because they really all have similar policies to Paypal.
If you ever setup ecommerce with other CC merchants then you may realize that Paypal is actually pretty reasonable.
- No admin fees
- No business requirement
- Money transfer pretty quick
If you can, only link an American Express card to Paypal. In my experience, as long as you've got your documentation in line they'll go to bat for you a lot harder than the other card associations.
MemeGate 2012 - First Responder, post #2
Originally Posted by .skully.