Paypal can sometime hold money for an extended period of time until your account is cleared by a representative. They also don’t have anyone you can actually speak with. Lastly 2.90% for a transaction (because it’s online) is very high.
Hi Randy, The one and only time I had an issue with a PayPal payment was when my client’s bank disputed the payment for security reasons because it was an “unusual” payment from her account. She was taken off guard because there was no communication from her bank regarding this. She couldn’t even remember which card she used and called all her credit card banks. No help on their part.
I called PayPal, talked to a representative and they were able to tell me the bank that initiated the dispute. I relayed the info to my client and she contacted the bank after they had already denied it was them. Ahhh, but looking into it further, the bank “found” it and corrected it.
If it wasn’t for me contacting and talking to a PayPal rep, the issue could have been strung out much longer,
Ditto that… 21 years for me… ZERO problems. In fact, they discovered and blocked two separate attempts at hacking my account, with no BS hassles on their part!! $600 annually is chump change for the peace of mind from a quality provider!!
Not true at all.
If you’re using their site or app, you can get on the phone in seconds with support, and they have always repaired/fixed/corrected etc whatever I’ve needed.
Been using them since 2004, fee structure is predictable and clients trust them (just an FYI).
I use their mobile card reader for onsite transactions (when applicable) and the rate is 2.7%, but yes, it’s higher when remote or online.
if you accept payments through paypal using their QR code the fee’s are only 1.9 %
you can print it out and have customers scan it with their phone to pay.
thanks for catching that. Auto correct on the phone.