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-   -   For high amount transaction, which one do you recommend, ccnow, 2co or plimus (https://www.aspkin.com/forums/payment-gateways/16446-high-amount-transaction-one-do-you-recommend-ccnow-2co-plimus.html)

skyichigo 02-09-2010 09:45 AM

For high amount transaction, which one do you recommend, ccnow, 2co or plimus
 
Hi everyone

which one of following merchant services yousuggested :

If you are going to do high amount transaction, let say 3k-5k a week

1. 2co
2. ccnow
3. plimus

just said I am creating website for my customer, I do not have my own website and I just send invoice to my customer.

I don't want to use paypal itself as for that large amount, chance of limited are even higher

Thanks for your opinion

aspkin 02-09-2010 12:29 PM

CCNow should be okay as long as you're not doing any VeRO stuff.

Plimus is somewhat the same way, but they're pretty strict with stuff as well.

I would sign up with all of them, and try and use them together for your site. If one goes down you'll have a backup.

simogold 02-09-2010 03:13 PM

Quote:

Originally Posted by aspkin (Post 123797)
CCNow should be okay as long as you're not doing any VeRO stuff.

Plimus is somewhat the same way, but they're pretty strict with stuff as well.

I would sign up with all of them, and try and use them together for your site. If one goes down you'll have a backup.

What do you suggest for the launching IM product or flipping websites as merchant accounts for High amounts ? i am using GC now so far so good but what about Escrow.com?

aspkin 02-09-2010 07:13 PM

Quote:

Originally Posted by simogold (Post 123811)
What do you suggest for the launching IM product or flipping websites as merchant accounts for High amounts ? i am using GC now so far so good but what about Escrow.com?

I was going to say Google Checkout, they're pretty solid. Another would be Authorize.Net merchant account with something like e-junkie or another shopping cart. PayPal might be good if your product isn't high risk. Working with PayPal OUTSIDE of eBay is a lot easier I find.

Escrow.com is said to be pretty good; reminds me I need to do some website flipping of my own.

skyichigo 02-09-2010 09:29 PM

Will they held payment? like I heard a lot of horror stories about them.

and what do you mean by "Working with PayPal OUTSIDE of eBay is a lot easier I find. "

Thanks aspkin

aspkin 02-09-2010 09:37 PM

Quote:

Originally Posted by skyichigo (Post 123851)
Will they held payment? like I heard a lot of horror stories about them.

and what do you mean by "Working with PayPal OUTSIDE of eBay is a lot easier I find. "

Thanks aspkin

I was replying to simogold with that last message. What payment processor are you talking about in regards to held payment?

And what I mean about PayPal is that taking sales outside of eBay, for example from your own website, you'll have less of a chance of being limited. Once you have eBay in the mix you can increase your chances of being limited by at least 200%.

That's why using 3rd party carts like cart manager with PayPal for your eBay sales, makes your PayPal account stronger. That's something else though.

skyichigo 02-09-2010 10:55 PM

what do you think if I use ejunkie with my paypal on oztion.com.au?

Do you think it is better?

Thanks

411guru 02-16-2010 02:18 AM

e-junkie is great if you sell non-tangible items like ebooks which have to be delivered via email download link. I did 2.5k per week on average with paypal on my site linked with e-junkie for 2 years. But I lost my paypal account due to bad credit.

skyichigo 02-17-2010 07:05 PM

Quote:

Originally Posted by 411guru (Post 124647)
e-junkie is great if you sell non-tangible items like ebooks which have to be delivered via email download link. I did 2.5k per week on average with paypal on my site linked with e-junkie for 2 years. But I lost my paypal account due to bad credit.

Hi there for 2.5k, can I know if you successfully withdraw all of it to your bank account from the paypal account?

And can you let me know what do you mean by bad credit?

Thanks

411guru 02-17-2010 07:29 PM

Quote:

Originally Posted by skyichigo (Post 124946)
Hi there for 2.5k, can I know if you successfully withdraw all of it to your bank account from the paypal account?

And can you let me know what do you mean by bad credit?

Thanks

At one time I had 30k in my paypal. Then I started to withdrawl 600 per 2 days. Eventually I had 11.5k left in there. Then I upgraded to paypal pro or something which would have saved me $40 per month in transaction fees. Then the next week paypal pulled my credit and closed my account. I have outstanding student loans of 30k. You can read here:

http://www.aspkin.com/forums/paypal-...ad-credit.html

So I recommend you not upgrade your paypal or it will raise flags and they'll check on you. Also don't get money so fast into it. I got 10k into it in 1 week one time. Even tho I was withdrawing 1200 per week, I was making more than I withdrew, so I used my paypal debit card to pay expenses. Overall, a merchant account is better but then you need good credit.


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