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What is The Best Payment Method if you Sell Services?

by kochtgr
19 replies
This a question mostly to warriors who have an online business and sell services like SEO, internet marketing etc. and not products like ebooks, software or even services with standard rates.

I need to know an easy but still professional way. For example sending a PayPal email and asking to send money to this email it's not too professional. Having a cart it's not easy because there will be different rates depending on what each client needs. So what is the best solution?
#method #payment #sell #services
  • Profile picture of the author Victoralexon
    Well, you can always send them an invoice with PayPal. I do not see how that is not professional but maybe that is just me.
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    • Profile picture of the author stevenfabian
      Originally Posted by Victoralexon View Post

      Well, you can always send them an invoice with PayPal. I do not see how that is not professional but maybe that is just me.
      PayPal is not only professional, it also increases conversions because of the credibility and trustworthiness it provides. Everyone knows and trusts PayPal so it can help you a great deal in conversions! Even if you plan to offer other payment methods, I'd strongly recommend that you offer PayPal as well.
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      • Profile picture of the author Centurian
        I find it funny how much credibility is given to PayPal on the forum, but then I'm biased. Even PayPal only claims a 28% buyer preference for it's services.

        The main reason for giving PayPal more credit than they are due is because the entire system here was built on their easy solution. The trouble arises because they are "keeping" our money for us. Possession is 9/10's ownership. Your money belongs in your bank, not PayPal's.

        As you know, PayPal is now moving into mobile retail and starting to move away from some IM niches. Fortunately, there are some new developing options.

        2CO has become a default option, but their rates are double what some warriors need to pay. Some international locations do have less options though. Standard rates are 5.5%, but I've talked to some warrior clients who were paying 10% in restricted countries. I do have a partnership arrangement with 2CO that offers discounted fees for those that want to use them.

        We are launching a new advanced technology payment suite that includes online and offline push-button payments, billing options, and direct deposit banking or you can integrate with Authorize.net.

        Our ezPay system combines the flexibility of PayPal with advanced and recurring billing options with a pre-approved merchant account. We have new options coming online next week for high-risk and international accounts. U.S. based marketers can cut their current payment processing costs too.
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  • Profile picture of the author Mantasmo
    If you create custom quotes for every client - use invoices through Paypal. Worry less about appearing "professional" and focus on acquiring clients, lulz.
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  • Profile picture of the author freddy87
    What about linking that email link to a payment button in your sales letter..
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  • Profile picture of the author WillR
    Personally I don't see the problem with Paypal. You will probably find more people would prefer to pay you with Paypal rather than some unknown shopping cart system on your website. Online payments have a lot to do with trust and no one can argue that Paypal is still one of the most trusted online payment processors and customers also know if you don't deliver the services they paid for, they still have a chance of getting their money back.
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  • Profile picture of the author kochtgr
    Paypal invoicing sounds good but what exactly is the process? I mean when a client is going to pay you after he gets the paypal invoice he will have to write how much money he is going to pay you or the amount of money is ready and he just have to confirm it. Additionally not everyone has paypal and you cannot use a credit card to pay on paypal in all countries. Another problem is that it's not the best option to rely only on paypal...
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    • Profile picture of the author WillR
      Originally Posted by kochtgr View Post

      Paypal invoicing sounds good but what exactly is the process? I mean when a client is going to pay you after he gets the paypal invoice he will have to write how much money he is going to pay you or the amount of money is ready and he just have to confirm it. Additionally not everyone has paypal and you cannot use a credit card to pay on paypal in all countries. Another problem is that it's not the best option to rely only on paypal...
      Yes, it does depend what country you are selling to as to how effective Paypal will be for you.

      The Paypal invoicing process is quite simple. You create an invoice for the specific amount and then an invoice email gets sent to your customer. They then click on the button to pay that invoice and are taken to Paypal where the exact amount is already entered, they just need to enter their payment details and confirm.
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  • Profile picture of the author Mantasmo
    For non-recurring payments Paypal is quite reliable. If you require better cc facilities, sign up with 2checkout or get a merchant account. 2checkout let you invoice clients as well and they take various credit cards with ease.
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    • Profile picture of the author InquisitiveMarketer
      Originally Posted by bnetwork View Post

      For non-recurring payments Paypal is quite reliable. If you require better cc facilities, sign up with 2checkout or get a merchant account. 2checkout let you invoice clients as well and they take various credit cards with ease.
      Why do specifically say 'for non-recurring payments' ?

      Have you personally run into problems with PayPal for recurring payments?
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  • Profile picture of the author Jack Coxill
    I always use PayPal, it hasn't let me down yet, and I've always kept up to date with the latest terms and regulations with them. Plus there is some awesome free info here on the WF that can help you avoid getting your account frozen and things of that sort.
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  • Profile picture of the author creativesnaps
    I consider PayPal to be the best, I think they have the highest sign up of any payment type. they quote 3,000,000 transactions a day seems a lot to me
    Also anybody who uses eBay will use PayPal
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  • Profile picture of the author celente
    paypal for me, but always have a backup plan or merchant facility. I think that is a good backup incase paypal try to ban your for some odd reason.
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    • Profile picture of the author InquisitiveMarketer
      Originally Posted by celente View Post

      paypal for me, but always have a backup plan or merchant facility. I think that is a good backup incase paypal try to ban your for some odd reason.
      I totally agree with that. A back up payment system is a REQUIREMENT.

      Otherwise, you can be out of business overnight - with no income for the foreseeable future, if paypal freezes you for whatever reason. Even if you do get it sorted out - it may be no time soon.
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  • Profile picture of the author Randall Magwood
    I want to say escrow.com.
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    ==>> Free book reveals make money with affiliate marketing
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  • Profile picture of the author chinadigipro
    As per me, Best payment method is paypal...cuz that's the only payment method i've used so far...and since haven't had any issues regarding payment.
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    • Profile picture of the author chansgrose
      I've had problems with Paypal before when accepting payments for consulting services, and I've had my account for years and put 100's of thousands of dollars through it and I still get frozen or my money held sometimes. So now I use an actual merchant account. Never had any problems since switching.
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  • Profile picture of the author merryscanlan
    Banned
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    • Profile picture of the author Teez
      Originally Posted by merryscanlan View Post

      There are many payments method available for payment.

      PayPal is one of the best and famous payment system used by most people in all over the world. But many countries does not support PayPal.

      MyCheckFree is also one of the popular payment systems. This allows you to receive your bill on your email and you can pay to your affiliate stores.

      Paytrust is also a most comprehensive online billing system to pay your bill.

      CCNow is shopping cart electronic payment system that accepts all major credit cards.
      ProPay is an electronic payment system that processes credit cards through the Internet via touch-tone phones.
      iKobo is an electronic payment system that allows you to send and receive money in more than 170 countries.
      Moneybookers is an electronic payment system that allows you to send and receive online payments in real time via email from your credit card or bank account.
      Hi Merry Scanlan are all of these like paypal where you only pay the fees of transactions or do they charge monthly fees.


      basically want to create a site which offers membership at various packages.

      It will be a UK site and lets say
      Package 1 = £1
      Package 2 = £2
      Package 3 = £3
      (NOT real figures)


      Now with all the warnings about not using PAypal for large recurring fees I also heard about Freshbooks but then I saw when I skimmed through freshbooks that they used paypal.

      I've been too busy to get round to taking the tour on freshbooks or authorize as these have been recommended.

      But the whole thing is confusing me especially as it's a new business start up so won't have enough working capital for the expenses of a Merchant account even though after reading through this Im still not sure I know what a merchant account is.

      My initial thought was set up 3 paypal subscription buttons and send them via email after deals closed but with all the paypal warnings saying that could be dangerous for recurring fees I'm kinda back to square one and a lil confused.

      So all help and advise will be appreciated especially as these other payment processors eg Authroize.net and Freshbooks are brand new to me so I also want to reduce the learning curve as much as possible.
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  • Profile picture of the author Jamie Lin
    Get a bank transfer if you are doing local market, and paypal still the best when dealing with online business. Refund is another thing you should watch for when dealing with messy buyers.
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