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Australia eBay & Paypal General discussions about eBay.com.au Suspensions and Paypal.com.au limited accounts. This forum is geared towards AU.

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  #1  
Old 01-23-2011
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Default PayPal Alternative Merchant Acc

Hi,

Has anyone used or heard of this company:

PayPal Alternative, Alternatives To PayPal, Merchant Account, Accept Credit Cards Online - Home

The following is copied directly from their landing page:

Quote:
With our FREE Online Application, you can Accept All Major Credit Cards on your Website or eBay auction in less than 24 hours! Plus, you'll also get a *Free Virtual Terminal, so you can process credit card transactions manually, from any computer with online access!

Fact: Accepting credit cards with a Real Merchant Account adds credibility to your business, while increasing the potential for impulse sales.

Sign up today for a credit card merchant account with our FREE online application and pay No Application Fee and No Set Up Fee. You will be able to accept credit cards including Visa, Mastercard, American Express and Discover for your products and services in less than 24 hours upon completion of the online application.

With a Real Merchant Account, your funds are directly deposited into your personal or business bank account, which you control and which is also protected by Federal Banking Regulations.

With PayPal, your money is deposited into a PayPal Account, which PayPal Fully Controls. Since PayPal is NOT a bank, they do not need to follow federal banking regulations. These regulations are designed to help the "Average Joe" avoid issues like having their bank account frozen for weeks or months with no explanation.

"Who would trust their money with a bank that could do that?"

Sadly, Paypal routinely freezes its customers' accounts for almost anything and without warning. Once an account is frozen, the funds are often held by PayPal for months on end with Absolutely No Recourse for the merchant.


A domino effect occurs when a PayPal account is frozen, leaving the merchant with No Means To Fill Orders. Those orders are then disputed by customers, creating more chargebacks and the illusion of fraudulent activity on the part of the merchant. The Bottom Line? Accept credit cards with a Real Merchant Account.
It looks good. Just after some feedback if any. Looking to stop using PayPal all together, as they are just a pain in the ass!
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Old 01-23-2011
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Paypal can be a pain but they're good for stealth purposes, if you have plenty of backup accounts you can be alot better off.
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Old 01-24-2011
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Paypal can be a pain but they're good for stealth purposes, if you have plenty of backup accounts you can be alot better off.
Thanks mate, I know, but I am just tired of the never ending ups and downs with PayPal, and I dislike the way they treat people. They are the major players and I may need to bite the bullet and continue to use stealth accounts.
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Old 01-24-2011
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Just realised I should have posted in Merchant Account section sorry people!
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