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December 19, 2005 6:02 AM PST

PayPal's back-office appeal

  • 4 comments

Some small businesses find PayPal more cost-effective than credit card companies for processing transactions.
The New York Times

The story "PayPal's back-office appeal" published December 19, 2005 at 6:02 AM is no longer available on CNET News.

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Need some competition
by Dead Soulman December 19, 2005 8:55 AM PST
I think Google, and Yahoo should step in with their services. Yahoo did great, at least for me, with the introduction of their music service. Now, if these two gorillas step in and bring some competition into the online pay services like PayPal, it would be nice.
I'm not looking forward to MS doing it. The Bill Gates model is "charge subscription fees." I'm not for that.
I use PayPal, but competition is always welcomed.
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PayPal no good for business....
by December 19, 2005 10:06 AM PST
PayPal sucks, they cannot be relied on for business use. I ran a legit business for over 4 years using PayPal to accept payments. One day they cut me off because a site (unauthorized by myself) linked to my site. PayPal cut off my account with NO WARNING citing that I violated the TOS.

They are VERY heavy handed, they do not appeal and nor can you get a hold of a person who can explain exactly what happened. Who in the right mind would use a company that can cut off your revenue stream with no questions asked, had I received a warning I would have GLADLY complied. I spend hours of phone calls with no avail.

Just a warning to anyone considering PayPal for revenue... Have a backup plan. I finally switched to a merchant account with my local bank. FYI, I am a shareware developer who sells software I wrote on my site. The software is system utility for network auditing. My customers include fortune 100 companies. So all legit. I was doing > 10,000 USD/Month with them.


My story is featured on Paypalsucks.com and Paypal warning.com.
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Pro Pay
by codazoda December 19, 2005 10:42 AM PST
There is a similar service called ProPro (www.propay.com). I use it myself, and it works as well (in some ways better in some ways worse).
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whoa!!!
by zmanzero December 19, 2005 12:00 PM PST
i've read some legendary horror stories about paypal at paypalsucks.com. just real horror stories...
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