PayMate Removes Volume Requirements for eBay and Online Merchants

eBayNews · #1 10-29-2009

PayMate is opening its online-payment service to smaller eBay sellers and online merchants by removing minimum volume requirements. The service is one of only several third-party services integrated into eBay Checkout.(full text retrieval failed)

#2 10-29-2009

We are pleased to announce that effective 29 October, 2009, we will be making several changes that will make it easier for eBay sellers and small businesses to sign up with Paymate.

So what will be different?

No minimum volume: We have removed the minimum volume requirements for merchants! This means the smallest eBay or website seller can sign up to accept payments via Paymate.
Simplified eBay criteria: We have reduced and simplified the criteria for eBay sellers. All you need is a ‘yellow star’ (10 feedback points) and at least 98% positive feedback overall.
Instant Approval: We have automated our system to give you immediate approval of a merchant account when you submit the Merchant Details after registration. No more waiting for bank approval! Once approved, you can start accepting payments right away.

So why wait? Experience the Paymate difference:

1. Buyers do NOT have to register to pay you via Paymate and we are integrated into eBay Checkout for ease of use.
2. You can get paid directly into your bank account - faster with no fees for transfers!
3. You can reduce the risk of loss from fraud with our proven risk assessment.
4. You don't have to waste time on paperwork or the back office - we handle refunds and chargeback inquiries.
5. You can enjoy our personalized Client Service.

Click here to log into your Paymate account now to submit Merchant Details: www.paymate.com.

If you have any issues with your new application or integration of Paymate with eBay or your own website please feel free to contact us at clientservices@paymate.com. You may also contact us at 1-866-376-7028 or marketing@paymate.com. Thanks much, and hopefully, you will soon be a member of a growing Paymate family.

shoot2kill · #3 10-29-2009

Do they require SSN at sign up?

Eye Candy Lingerie · #4 10-29-2009

NICE!!! This makes me so happy and warm and fuzzy inside....

Burst · #5 10-29-2009

In order to accept cc payments, you need to supply a SSN. I believe it is validated.

OfficialGenius · #6 10-29-2009

I really hope this is it!

Quote:

Originally Posted by POWderPUFgrl

We are pleased to announce that effective 29 October, 2009, we will be making several changes that will make it easier for eBay sellers and small businesses to sign up with Paymate.

So what will be different?

No minimum volume: We have removed the minimum volume requirements for merchants! This means the smallest eBay or website seller can sign up to accept payments via Paymate.
Simplified eBay criteria: We have reduced and simplified the criteria for eBay sellers. All you need is a ‘yellow star’ (10 feedback points) and at least 98% positive feedback overall.
Instant Approval: We have automated our system to give you immediate approval of a merchant account when you submit the Merchant Details after registration. No more waiting for bank approval! Once approved, you can start accepting payments right away.

So why wait? Experience the Paymate difference:

[COLOR=black]1. Buyers do NOT have to register to pay you via Paymate and we are integrated into eBay Checkout for ease of use.[/COLOR]
2. You can get paid directly into your bank account - faster with no fees for transfers!
3. You can reduce the risk of loss from fraud with our proven risk assessment.
4. You don't have to waste time on paperwork or the back office - we handle refunds and chargeback inquiries.
5. You can enjoy our personalized Client Service.

Click here to log into your Paymate account now to submit Merchant Details: www.paymate.com.

If you have any issues with your new application or integration of Paymate with eBay or your own website please feel free to contact us at clientservices@paymate.com. You may also contact us at 1-866-376-7028 or marketing@paymate.com. Thanks much, and hopefully, you will soon be a member of a growing Paymate family.

EmptyPockets · #7 10-29-2009

sounds promising....

is it open to U.S. sellers?

#8 10-29-2009

http://www.paymate.com/cms/index.php/us-services

For info pertinent to U.S. Sellers

Paymate offers online credit card payment services to buyers in 57 countries and sellers in the USA receiving funds into an USD bank account held in the USA.

There's more at the link above.

OfficialGenius · #9 10-29-2009

Please use this system wisely and most importantly DON'T ABUSE IT.

EmptyPockets · #10 10-29-2009

thanks powderpuf :D

aksjkas · #11 10-30-2009

can you use the same paymate account on multiple ebay user ids?

OfficialGenius · #12 10-30-2009

You guys got a possible paypal killer here and this thread is dead? I thought this is what you all have been waiting for!?
Anyone tried it or tested this yet?

I eventually will but I'm not fully prepared to do so

superking · #13 10-30-2009

Quote:

Originally Posted by aksjkas

can you use the same paymate account on multiple ebay user ids?

no, one per id.

swalby · #14 10-30-2009

does anyone know if one person can have more than one paymate account with same ssn?...THANKS

superking · #15 10-30-2009

Quote:

Originally Posted by swalby

does anyone know if one person can have more than one paymate account with same ssn?...THANKS

no , but you may able to use it with different ebay accounts( not at the same time)

Burst · #16 10-30-2009

Unless you can bypass SSNs, this payment system doesnt work for stealth.

OfficialGenius · #17 10-30-2009

I guess that means everything on your ebay account has to match everything on the Paymate account. Looks like my dreams of not using paypal anymore has shattered.

aksjkas · #18 10-30-2009

paymate shares the full social security with ebay?

yaw1800 · #19 10-30-2009

What about "limitations" on their end as well?? There are way to many unanswered questions before we can even consider this a viable alternative...

#20 10-30-2009

If they do, they are violating privacy laws, unless the user signs a release to Paymate giving user consent for Paymate to divulge the user private data to parties outside the user/Paymate relationship.

Personally, instead of saying 'I can't consider these people until psychic subliminal info given to me by somebody else...' - I'm already considering them, and finding or at least searching for answers to every question that enters my mind. I'm doing MY OWN homework. They have a website and a telephone number. You can read the site contents and you can call them to ask questions, just as easily as I can. If you do so, you don't have to take my word for whatever I say - You can find out YOURSELVES, firsthand, and can ask your own questions that I might not think of.

Hercules · #21 10-30-2009

Yea! whats the big deal in reading and sniffing around on your own. Just get on one of your suspended IP's and ask away. You have to be maniacal in your search for stuff!

yaw1800 · #22 10-30-2009

Quote:

Originally Posted by Hercules

Yea! whats the big deal in reading and sniffing around on your own. Just get on one of your suspended IP's and ask away. You have to be maniacal in your search for stuff!

ok so how about you be the guinea pig.. sign up for paymate with your real info and try it out with a eBay Stealth account.. that'll help big time!!

there was another paymate thread where someone asked paymate how much info they share with ebay and they would not say.. im guessing the only way to figure this out is by the sarcastic idea i posted above???