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Old 05-04-2009, 05:57 PM   #1
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Default Payment Processing: Paypal Vs Clickbank

Hey guys, im setting up my first website for my first product and im wonder what a good option for payment is? I prefer clickbank because i get a cheque and i feel overall more secure with them because i do not hear stories about peopels clickbank accounts being hacked unlike the paypal accounts.

However does the lack of affiliate tracking that has been running rampant at clickbank affect product vendors or only affiliates?

Can someone also outline the pros and cons of paypal vs clickbank?

thanks
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Old 05-04-2009, 06:08 PM   #2
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Default Re: Payment Processing: Paypal Vs Clickbank

I prefer to use ClickBank's own payment system.

Some people prefer to use Paypal, because the payment is instant and one doesn't have to wait for checks to arrive.
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Old 05-04-2009, 06:44 PM   #3
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Default Re: Payment Processing: Paypal Vs Clickbank

PayPal is the more popular of the two, I think.

Bear in mind too that if you sell to anyone living in the UK or the EEC, then they will have to pay a tax of up to 17.5% on every purchase made through ClickBank, which could affect your levels of sales.

If they pay through PayPal, then the tax does not apply.

It might be worth considering using both payment processors, but in a way that does not confuse your customers.

Oh, and if you do a search on the forum, you will find many a thread that points to ClickBank commissions being either hijacked, or otherwise not paid.

I guess that nothing is perfect on the Internet!

Regards,
Jeff.
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Old 05-04-2009, 06:56 PM   #4
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Default Re: Payment Processing: Paypal Vs Clickbank

anyone actually done a split test between the two? I have heard gurus say your losing sales if you use the paypal checkout.
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Old 05-04-2009, 07:13 PM   #5
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Default Re: Payment Processing: Paypal Vs Clickbank

Quote:
Originally Posted by Jeff Henshaw View Post
PayPal is the more popular of the two, I think.

Bear in mind too that if you sell to anyone living in the UK or the EEC, then they will have to pay a tax of up to 17.5% on every purchase made through ClickBank, which could affect your levels of sales.

If they pay through PayPal, then the tax does not apply.

It might be worth considering using both payment processors, but in a way that does not confuse your customers.

Oh, and if you do a search on the forum, you will find many a thread that points to ClickBank commissions being either hijacked, or otherwise not paid.

I guess that nothing is perfect on the Internet!

Regards,
Jeff.

I know about the clickbank problem however i heard it was mostly affiliate ids which were cookie stuffed and hi jacked. since i'm the vendor their is no affiliate id associated with it. However im still trying to clear up whether that applies to vendors aswell or just affiliates.
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Old 05-04-2009, 07:22 PM   #6
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Default Re: Payment Processing: Paypal Vs Clickbank

Use Clickbank - Paypal can close your account any time for any reason and that can do damage to your business - stick with Clickbank.
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Old 05-05-2009, 09:36 AM   #7
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Default Re: Payment Processing: Paypal Vs Clickbank

Thanks for the replies everyone, anymore opinions on which to use?
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Old 05-05-2009, 10:33 AM   #8
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Default Re: Payment Processing: Paypal Vs Clickbank

Hello Mr Vanquish
Both are good but the advantage of paypal to clickbank is that you get your money straight into your account without you waiting.Another advantage of paypal is that people get to buy from you more because they get to trust paypal when it comes to buying digital product.My advice for you is that you use but payment processor.How?
You can set your product on e-junkie and at the same time you can set it to clickbank.Any other question i will here live to answer you.
THANKS
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Old 05-05-2009, 10:41 AM   #9
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Default Re: Payment Processing: Paypal Vs Clickbank

I'd say ClickBank are easier to setup and everything. They also do seem more reliable (won't close your account) plus the affiliate systems in place.

The only advantage I see in PayPal is the instant commissions.

BTW: ClickBank can send you wire transfers if you're a big enough player.
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Old 05-05-2009, 11:11 AM   #10
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Default Re: Payment Processing: Paypal Vs Clickbank

Quote:
Originally Posted by mteach651 View Post
You can set your product on e-junkie and at the same time you can set it to clickbank.Any other question i will here live to answer you.
I was wondering about that when I was looking at E-Junkie the other day. How does that work? Does Clickbank then become one of the checkout options a customer can opt for?

Any idea if you can accept paypal direct payments at the same time through e-junkie? If you can, do you know what would then happen if you had affiliate referring sales to you?

Thanks for any info.
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Old 05-05-2009, 02:43 PM   #11
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Default Re: Payment Processing: Paypal Vs Clickbank

paypal is very responsible on your money. paypal is very easy to use and fast. but a lot of hackers everywhere. but I believe paypal can overcome this problem
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Old 05-05-2009, 08:46 PM   #12
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Default Re: Payment Processing: Paypal Vs Clickbank

Thanks for the advice everyone! Is the clickbank tracking problem a problem faced by affiliates only or vendors as well?
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Old 05-05-2009, 08:52 PM   #13
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Default Re: Payment Processing: Paypal Vs Clickbank

There are some third party vendors that sell security programs that boost your safety regardless of which one you choose. They offer alot of features inlcuding protecting your download page, might be worth looking into.
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Old 05-05-2009, 08:58 PM   #14
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Default Re: Payment Processing: Paypal Vs Clickbank

I'd go for PayPal.

No, I don't care about the recent issues faced by Clickbank's tracking but the fact is I've never used PayPal.

I would integrate PayPal to 1shoppingcart or amemberPro or Easy member pro and have my affiliates paid whenever they want. This way, they neveer have to wait for PayChecks.

- Lokesh Sharma
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Old 05-06-2009, 01:09 AM   #15
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Default Re: Payment Processing: Paypal Vs Clickbank

I prefer clickbank. Paypal is not reliable, they(Paypal) can close your account anytime without notice.
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Old 05-06-2009, 01:26 AM   #16
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Default Re: Payment Processing: Paypal Vs Clickbank

I use clickbank. However I am switching to Paypal to customize the checkout process. Conversions are greatly effected by the shopping cart. Being able to add videos and testimonials INTO the check out is critical, which clickbank does not let you do.
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Old 05-06-2009, 01:32 AM   #17
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Default Re: Payment Processing: Paypal Vs Clickbank

I use Paypal , for the sites i manage , it comes in handy .
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Old 05-06-2009, 04:25 AM   #18
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Default Re: Payment Processing: Paypal Vs Clickbank

Clickbank, hands down. If you want something comparable to Paypal, go with AlertPay. Considering how Paypal's reputation is worsening I would say AlertPay will replace them within a year or so (and hopefully history doesn't repeat itself... so far, AP is reliable).
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Old 05-06-2009, 01:30 PM   #19
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Default Re: Payment Processing: Paypal Vs Clickbank

I haven't used Clickbank yet but I just signed up with Paypal about a few weeks ago and I like it so far.
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Old 05-07-2009, 09:59 PM   #20
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Default Re: Payment Processing: Paypal Vs Clickbank

Click bank take more, but I prefer them. They also include an affiliate program and a platform for affiliate to find and promote you. They also include Pay Pal as part of their collection, so I think CB suits me better.
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Old 05-08-2009, 01:14 AM   #21
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Default Re: Payment Processing: Paypal Vs Clickbank

There were couple of threads about paypal freezing accounts.
If you get large number of sales quickly and end up with some refunds then you are always at the risk getting your account limited.

In my opinion, start with paypal and improve your conversion. Once you have a solid converting offer, switch to Clickbank so that you will have lot of sales from affiliates as well.

-Neo
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Old 05-15-2009, 11:26 PM   #22
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Default Re: Payment Processing: Paypal Vs Clickbank

Quote:
Originally Posted by Sheryl Polomka View Post
Use Clickbank - Paypal can close your account any time for any reason and that can do damage to your business - stick with Clickbank.
Totally agree. My Paypal account had been blocked twice. If you are selling, on eBay, you have no other choice but to use Paypal.

But otherwise, use either Clickbank or 2Checkout.
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Old 05-19-2009, 01:18 PM   #23
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Default Re: Payment Processing: Paypal Vs Clickbank

I use clickbank and then paypal with PayDotCom.

Go both.
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Old 05-20-2009, 07:17 AM   #24
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Default Re: Payment Processing: Paypal Vs Clickbank

I always recommend not to depend on the single type of payment processor .

For instance , if you use paypal , for some reason your account could be suspended which jeopardizes your business .

So , try to diversify among best processing systems .

Mike
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Old 05-20-2009, 09:30 AM   #25
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Default Re: Payment Processing: Paypal Vs Clickbank

When eBay bought paypal I was screwed even after sending proof they wanted me to pay for something that was not my fault so I do not use paypal but inside of i.e e-junkie and 2checkout.

I hate Pay-pals monopolistic dictatorship but I also know people who swear by them.
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