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-   -   Is paypal the only way on ebay? (https://www.aspkin.com/forums/ebay-discussion/18355-paypal-only-way-ebay.html)

cb3 05-06-2010 09:47 PM

Is paypal the only way on ebay?
 
I had my paypal account frozen a few months ago and have been using merchant plus, the main problem is that it takes about 5 business days for the funds to get into my bank account, where as paypal they are available immediately and can pay for new inventory immediately, but now I cannot touch that money for 5 days, which hurts my business because it's all about quick turnaround, the faster I can pay for my new inventory the more money I can make, where as now I just have to sit and wait until that money is deposited.

Is there anything similar to paypal where you can spend the money immediately instead of waiting for a deposit? Are they any merchant services such as from a bank where it will go into your bank account within 24 hours?

slapped 05-07-2010 09:56 AM

If you have a LLC, or a Corporation and can get a proper Merchant account instead of a Third Party Merchant account like Merchant plus, or CCNow, Authorize.net, ect,ect wil you be able to access your money the Next business day, but have to pay a little extra for that feature, which will still cost you less than a third party Processor.

Emanresu 05-08-2010 03:15 AM

I thought that Authorize.net was a proper merchant account. Did you mean getting the merchant account through your bank? When I looked into that, the fees were higher than Authorize.net.

First Edition 05-08-2010 08:57 AM

I use authorize.net in conjunction with bluepay. I love it.

incniu 05-08-2010 09:12 PM

How to do it? What are the fees?




Quote:

Originally Posted by First Edition (Post 137274)
I use authorize.net in conjunction with bluepay. I love it.


cb3 05-11-2010 05:48 AM

Thank you for the information. I am currently signed up with merchantplus, what are some companies where you can get your money the next business day? and are any compatible with authorize.net?

aking 05-11-2010 09:21 AM

I use Paypal and if it goes down, I process payments with GCO. They have automatic payouts to your bank account every 2 days.


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