I'm Switching To A No PayPal Biz Model

PayPal is how many/most customers want and expect to pay, I think?

When you say you'll still use JVZoo and W+, presumably you mean that your customers will still be able to pay by PayPal, but you're not going to use your own PayPal account to collect your money from the affiliate network? No great problem with that, as far as I can see? As long as your customers can buy by PayPal?

(I also wouldn't want the bulk of my own income to be PayPal-dependent, but the majority of my income comes from ClickBank and Amazon, and they don't pay out by PayPal anyway.)

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The number of extra customers you get by offering Paypal as a payment option should far outweigh the number of customers you get refunding because of Paypal. If not then it's an issue with your product that needs solving, not your payment processor.

Also, I win every single digital refund request with Paypal if they are obvious serial refunders. So this has never been an issue with me.

I'm guessing from your title and sig that you are selling get rich quick info products. Refunds are just a fact of the niche. Process the refunds no questions asked and move on. It sounds like you are trying to push back and prevent the refunds. At that point they are going to call their credit card company and chargebacks are going to kill you.

You may want to check out DealGuardian: Fees | DealGuardian

Also, take a look at the homepage of the site and click on the vendors tab... they have a lot of the same features as JVZoo and W+

Your customers can still pay via PayPal, then DealGuardian can pay you through bank wire or check.

That means YOUR PayPal account is never in jeopardy.

How about you launch products that don't attract serial refunders?

Serial refunders is a sign of a crappy product and good for Paypal they lock accounts from people who deal with them.

I am 100 percent dependent on Paypal and never did I have an issue with them, sure they locked my account once but that was solved in 48 hours and for my own safety as I typed my password wrong a few times due to capslock being enabled, this required some documents to be send but that should never be a problem. In fact they wanted me to verify by creditcard but when I told them I didn't have one it could be done in different ways as well, they were very helpful and very fast. Ok it happened on a saturday night but monday morning 9:30am they got back to me immidiately and at the end of the day I got my documents with them and in a matter of hours my account was accessible again. So if it happened on a week day it would have been taken care of in a matter of hours instead of 48 hours.

Another time they asked some questions about my business eg where my clients came from and I told them I have several sales threads on this forum and once again everything was fine.

People should stop blaming Paypal and do a reality check on their selves.

Have to say of the 1000's of sales I made I only had to refund a dozen times or so and mostly cause a client forgot to cancel their subscription on time (like few days too late) so my account is in very good standing.

In case you run an LLC you are a bit limited and then it can become nasty based on what my lawyer told me.

Don't these two companies require you have a refund policy in place before they accept your business? Don't these two companies deal heavily with the IM "Industry?"

Bitcoin is now being used increasingly as an alterative to pay pal. Due to its irreversible nature. It also has low fees to send.

You should switch to an affiliate manager that does more than just PayPal anyway. I have been using PayGear on my site and it is wonderful. You can run instant commission with PayPal, Bitcoin or Authorize.net. Your not just stick in PayPal.

I communicate good with PayPal, let them know when I'm doing something that will bring in a lot of money. I keep wondering what you are selling that gets so many returns.

Rick

Bitcoin is a lot more powerful then you think, theirs even an dedicated bitcoin social network

http://www.warriorforum.com/social-m...l-network.html

I didnt stop paypal for my business but did add an extra payment option bitcoin, best thing i did

I know a person. He used to use pay pal a lot years ago. Did many thousands of dollars per year. Then the serial refund game came. Like they would download the product and claim all kinds of things such as my son stole my credit cards - yes my son.

Well, he got tired and tired so uses western union now. People need to pay up. He sends the reports via snail mail now. There is no more digital delivery and he is doing super. Old ways are the best ways says me.

I know a guy, who knew a guy, and he said...

I think, you will loose some prospects because of the limitation that they could not be able to pay using their PayPal account, anyway good luck !

I accept other methods of payment than PayPal. If someone wants to give me money, I try to make it as easy as possible. Usually that's PayPal, but other people have their own preferences.

Paypal can and do freeze accounts for no reason at all. This was even on BBC Watchdog. They now even sometimes ask for documents that you wouldn't have or don't exist. For example; If you've only been trading 3 months they ask for 6 months accounts! How is this possible? Yet they do it.

Unfortunately, as an internet marketer you have no choice but to accept this, as i think even with their problems and risks, Paypal is an option that is expected by the consumer and by not accepting paypal you stand to lose alot of potential sales.

I use DealGuardian to sell my products. It is similar to ClickBank where you can list products and have affiliates promote it. They can pay out through check, bank wire transfer, or (the dreaded) Paypal haha.

Try it out

We are up to 9 payment processors we use and growing. Don't see any reason to limit yourself. Paypal is one of the best for receiving payments from all over the world, but the rates are a little higher. I like Bluepay, Bluefin, and Meritus for Bank/CC transactions.

for everyone here that thinks paypal is a necessary evil or a must have..
do you guys ever get outside the WF?

If you did, you'd realize there are TONS of better solutions out there.

Most big launches (7 figure +) all run on other platforms and they do just fine.

Right now all my products are selling through other platforms - (samcart, stripe, authorize.net, 2checkout) and I don't miss paypal one bit.

There's no shame in offering paypal as a payment option..

but having your business solely depend on paypal is a terrible decision. As they have a history of freezing accounts with no notice.

I've run paypal business accounts that processed millions of dollars a year, had a long history with them in good standing, Had my own rep who worked closely with me and had an extremely low refund rate.

But still.. all it takes is one complaint to set it off and they can limit your account and freeze any money you have there.

It will be interesting to see how this works out. Keep us posted on progress

Braintree and Stripe are working well for me. I also use Paypal. It's best to diversify your merchant accounts. They are a dime a dozen. If you spread your funds to multiple accounts then you don't take a huge hit when an account gets frozen. I've seen several businesses go out of business because of a frozen merchant account.

I dont understand the trend that was set to allow refunds on digital products and services. Places like xbox google marketplace and ios dont allow it after certain time, you cant buy a cd and open it and refund it..



Anyways, isnt a solution to having paypal..just withdrsw money from paypal and keep minimum.balance?

yeah PP is a bit*h , but most people only trust paypal.. Skrill though seems to be coming more trusted and recognised at the moment

get a merchant accout with you bank very easy to do and its worth the money

In reply to
He is making over $5,000 per month and that is over $60,000 per year.

Pay Pal was always a pain. They would order him to refund people and the scam artists would get the reports for free and he would get zero. Well, he uses western union now. If people want to get the reports they have to pay. Yeah, the FREE RIDE is over!

Hi

'Serial Refunders' ? If I'm not mistaken PP currently advise that if someone wants a refund they should first contact the vendor as part of their resolution process.

If after contacting the vendor the buyer is still not satisfied, PP also gives the vendor a chance to 'make good' or negotiate a settlement.

Its only after going through that process PP gives the refund.

Maybe I'm missing something here, but are you offering value for money?

LB.

Refunds are something you have to accept no matter what platform you're using, it's just the nature of this business.

If you start designating an "absolutely no refund" type of policy on your products, be prepared to see your conversion rates fall drastically.

With that said, it would be prudent not to have all your eggs in one basket, and use several payment processors so you're not completely at the mercy of Paypal. I have found that their customer service and responsiveness has improved a lot over the years, and you can typically get many issues resolved and cleared just by calling them up on the phone.

checks and bank transfer....i am not after people that will only deal with p.p. and there's no quick sell needed. Much better. I'd hate to think someone could charge back after 5 1/2 months.

paypal takes 30 cents for every dollar I make. I still use them but I use my own merchant provider as well. I make a lot more money paying only a few cents compared to 30 cents that paypal takes.

Paypal is a very high cost merchant provider for people and business that don't want to go through the process of getting your own shopping cart. In return you pay high fees...

30% Damn, I need to invest in PayPal.

They get me for 2.5-5% -- how are you paying 30%?

I have a little experience using Authorize.net. As an Authorize.net merchant, you accept credit card payments directly from your site. I remember having to conduct an annual security audit on the site and I believe you have to purchase SSL for your hosting. The fees are higher than PayPal and you also pay a monthly subscription whether you sell or not. I think there is a $25 fee for chargebacks. =\

Paypal is good for the buyer due to their very lenient refund policy. It is equally not good for the seller due to the very same reason. I know a handful of seller's who have used PP in the past, but because of their fairly recent changes to their affiliate program policy, the risk of having your account shut down due to a variety of reasons, is quite high.

To answer the second part of your question, I know authorize is becoming more and more popular with various sellers. Having your own merchant account is, in my opinion, the way of the future.

As a vendor can you sign up to JVzoo and link it to authorize.net and then still pay affiliates?