Why do Warriors still use Paypal

I've been using Paypal since they first launched, and have never had an issue. The bottom line is that it has a low barrier to entry, lots of people use it, and lots of people trust it. Hell, Allen Says uses Paypal, and I would hazard a guess that he's running six figures a month through his account.

I'm not saying it's the best solution, but as long as you abide by their terms, I don't see a good reason not to use them.

Like John I've used them since they began and never had an issue with them.

I've never had an issue with PayPal either, and have had tens of thousands of dollars pass through my account this year alone.

The main reason is customers.

If I go to a sales page that doesn't take PayPal, I don't buy.

Mahlon

My understanding is that with the WarriorPlus (ran by Mike) being separate from the Warrior Forum (ran by Allen) once respective payments have been made, they're out of it (WarRoom, WSO, any bumps, WSO affiliate program). So there's no "benefit" for them to encourage anyone to use Paypal, Alert Pay, 2checkout or whohaveya.

Everyone here is running his or her own business and Mike nor Allen are "partners" in that business. So if someone loses all their money due to PayPal closing their account, it's not going to hurt Mike or Allen any. Just as everyone should investigate any business they're looking at, they should explore all payment options. Having multiple options and not having all your "eggs" in one basket is good as well. I know some have had their 2Checkout accounts closed even though they had a stellar history. But that's up to the seller & what options they set up.

The majority of folks have PayPal accounts and feel safer with that and not just giving any Joe Blow out there, their credit card number. And there are many Warriors in non-PayPal countries who would love to purchase WSOs but can't. But that's up to the seller who they choose to use & who they choose to allow to purchase their product in a sense.

Not having sold a WSO I don't know all the ins and outs of that process. I know with WSOPro/Paypal you can track certain information. I don't know if you can link another processor & have the same information available. So that might be part of it as well.

Even if you wanted to use another payment processor for a WSO, could you with WarriorPlus or JVZoo or another affiliate marketplace? As far as I know you can't, they ask for your Paypal email address when you sign up. And a WSO without affiliates probably won't do that well, or at least not as well as you could do if you had affiliates promoting for you.

I've never had any issues with PayPal. As long as you follow their term, I think you don't need to worry that your account will get limited or closed completely.

And also as a customer, I don't want to buy a product if there is no PayPal button there. The reason is simple, I don't have another payment processor account and I don't want to use my credit card for security reason.

Probably because members who don't have a problem with PayPal tend not to start threads saying so.


Frank

I have heard of people receiving thousands of dollars through PayPal and their account then being froze. I know PayPal has helped protect my account from being hacked and have been very informative. Many marketers and businesses still use it simply because of the demand from their customers.

You are talking about a VERY small number of sellers on this forum who have had an issue with their account.

In a lot of cases those problems occurred because people were not adhering to the terms of service OR they had an abnormally high spike in their account activity, at which time their account was manually reviewed and Paypal found something they did not like. I have seen several people complain about problems with Paypal and after taking a quick look at their offer, it was perfectly obvious to me why they had those problems. High income claims, ridiculous hype. Yes, that's all stuff Paypal do not want to be associated with. But you'll find no one wants to be associated with that crap nowadays -- it's not just Paypal.

Play by the rules and, for the most part, you will be fine. There are way way more people in this forum who have been using Paypal successfully with no problems whatsoever. The problem is you only ever hear from those having issues so it makes the problem seem a lot bigger than it really is.

I'm using paypal, my account was hacked and money was sent to 4 different "sellers".

within two weeks paypal smacked that ***** up and gave me my money back.

I'm still using paypal because they have a great support team, especially in israel.

and because most buyers are comfortable with paypal, most affiliate programs are comfortable with paypal And basically everyone are lovin' paypal.

before you are about to recieve the "thousands" of dollars in sales, inform paypal that you are launching a product and that you are expecting lots of transactions...

Tom Yevsikov.

As long as you play by paypal rules then you should be fine.

I have been using PayPal for 5 years now and still counting. I had issues with them before but they only do what they suppose to do to protect the account holder and customers.

At the end of the day, it has been widely used by people around the world. It's by far a convenient way to send and receive money.

There might be thousands of threads talking about paypal sucks but there are also tens of millions of happy users having no problem at all.

In short: opportunity seekers are more likely to have a paypal account than a credit card. and alot of people feel safer buying with paypal online than with a credit card.

Thats all there is to it.

What I've always wondered is, how does the Warriorplus Paypal account (Lexico LLC?) not get scrutinized by Paypal? Due to the sheer number of affiliate refunds being proessed at any given time?

Paypal is still one of the most popular e-wallets. You cannot run online business without paypal

I have never had any problems with paypal. They are reasonably easy to use and reliable. Most of all they are a highly trusted name in the online world. There are still a lot of skeptical online shoppers around and the last thing you want is them seeing a payment processor they don't trust and not wanting to use their card therefore loosing you a sale.

The only reason that people of WF still use paypal, because of it's reach. It is available in almost all countries around the world. Very easy process of sending and receiving money.

I am using PayPal from a very long time now.. I never had a issue with it.. And even if I had any it was solved very fast.. And majority of the buyer use PayPal to make their payment..

all people trust paypal thats why wf also uses paypal.

People are always moaning about paypal and it's even getting to the point where they are getting 'scared' to use it.

Like Will said above, not many sellers from the forum have actually had a problem with them - maybe 1% or something (That's a guess) and even from that 1%, many get to use their accounts again.

But like any business, Paypal has terms and if you break them they are gonna' chuck your ass - if someone was mis-using your business, would you chuck them?

People give Paypal a hard time when they are banned, but Paypal do have legit reasons for doing so, which is why the have T&C's - so people follow their rules. If you break those rules, of course they're going to want you gone.

When setting any new project up I always contact paypal and ask to speak to someone as well as putting it in writing. Tell them exactly what your plans are for the business and they will advise the best course of action for you! By doing this i've never had a problem......and should I ever have one, I have the back up in written form and phone records that a Paypal representitive advised me! stay on their terms and all the paypal problems you read about will NOT affect you.

I use it because:

It's easy
Widely accepted by my customers
I don't sell the type of products that are on their radar. I sell graphic design services and websites primarily.
I've never had a single problem with my account, so why switch?

I can switch to another solution should the need arise, but it has never been necessary.

I've been fine with Paypal so far, so I haven't had any real reason to change over. Customers use it all the time to pay with, it's the most common way to pay and it's fair to say that you can be missing out on customers by not having an option to pay via Paypal.

If you don't offer the payment options that customers want to use they'll go somewhere else, plain and simple. Ignore that and you'll be out of business real quick.

If you use your account legally you have nothing to afraid about. Many marketers use PayPal without any problem.
The main reason of choosing PayPal and not any other payment processor is that most people use it. So you have less chances to loose a customer because he cannot pay with your method.

I'd love to switch for lower fees..
I wish Dwollo was available in other countries!

But like everyone said, Paypal's tried and trusted. Most of my customers have never heard of any other payment system.

I use PayPal because it's easy and I have had no problem with them. I have actuallyl found them helpful and willing to work with me if I have had any challenges.

Marg

Because that's how so many customers want to pay.

And especially in the Warrior Forum (for people selling WSO's and services) there are many people who are unable and/or unwilling to pay in other ways.

Nobody wants to be the fruit and vegetable seller standing at his market stall in the middle of the Chicago fruit and vegetable market explaining apologetically to customers "No, sorry, I don't take US dollars", because those traders don't earn as much.

It's also probably a good idea to be able to take payments in at least one other way too, both to give customers a choice and to be ready for accidents/problems, "just in case".

Hundreds of us here have heard that recorded call, if it's the very well-known one I'm thinking of, and you've actually slightly but significantly misrepresented what the PayPal rep says in it. That was what you (and many others, admittedly) thought he meant, not what he actually said.

Interesting question.

As many have pointed out the main reasons are:

1. Paypal is widely-accepted as a standard for on-line transactions. (which means customer trust and compatibility)

2. For all it's faults, PayPal is good at what it does. Not perfect, but for many - good enough.

3. The alternatives are few and costly.

For example @stevenh512 mentioned PCI compliance and SSL.

The later is not a option by itself, as it still requires 3rd party solution. As for PCI compliance, this is not an easy task at all as it requires you to meet numerous DDS standards as described here: PCI DDS standards & procedures

Most of these are traditionally "out-of-reach" for many SMB sites and only recently some advances were made to help smaller vendors achieve PCI compliance. For example: demands made by dreaded Section 6.6 which calls for Web Application Firewall installation (an expensive process) were resolved by implementation of shared PCI compliant Cloud WAF that takes the cost down from "several thousand" to "several dozen" bucks.

Still, for most Small sites PayPal (or other 3rd party vendors) will remain the only solution, at least until we`ll witness a rise of another, more cost-effective, way for independent handling of on-line transactions.

the reason maybe is that the number of people who still trust paypal outweighs the number of people who hates it. The truth is that most consumers prefer paypal rather than just giving away their credit card info online. How could you go on targeting thousand customers when you cannot offer them the mode of payment they prefer?... simple plain and easy... go by the rules, no reason to fear your account getting frozen.

Never had any issue regarding payments. And I can't rely on anything else other than this. There are some others but not really alternatives.

Because it is the best. I have never faced any problems with PayPal and I recommend it.

I've been using PayPal since Napster was all-the-rage. It's never been turned off for me.

After my biz picked up some, I started using a merchant account for direct CC acceptance. I offer both options since some will only make a purchase one way or the other.

As it turns out, I complain more about my merchant account than I do my PayPal account (unless I call PayPal phone support... ugh!).

The only issues I've had with PayPal all resulted from returns. Paypal needs to cover potential losses so they hold cash in an account for a period of time especially if there has been a high return or refund request rate.

One company I was working at was running 6 figures through PayPal monthly; however, the returns were high and they would hold 10% of the funds to account for the returns. It amounted to about $50 - $80k per month.

I've also been using PayPal for several years. The one problem I had with them was when I'd first set up my account. I hadn't intended to use it as a payment processing gateway, but for web design payment as some of my clients requested it.

Then I launched my online business/got into affiliate marketing and began receiving large returns. That sudden influx of money alerted PayPal, they froze my account temporarily, and a representative gave me a phone call--I'd indicated that my avg. monthly transactions would be ~$XXXX and when more started coming in, it threw a flag on the play--but it was all sorted in less than 24 hours. No harm, no foul.

And I also remember a few times when I've traveled abroad and I receive a phone call from PayPal asking about strange transactions to ensure that my account wasn't hijacked or my card stolen. To me, that's darn fine service...and built-in peace of mind.

PayPal is convenient for both sellers and buyers and as long as you abide by their terms, you won't have a problem with them. The Warriors still using PayPal for their WSOs are the ones who haven't had any problems with the service and therefore have no reason to cry and moan about their accounts being suspended or closed.

We uses PayPal, this is the safest way to transfer money today.
We only accept this method. And if you play by their rules you will have no issues.

I've been searching for a good payment processor. Considered 1shopping because I'm selling a $97 product and paypal requires splitting it into 2 payments (i'm told).

But all you guys out here have convinced me that Paypal is probably the best way to go. So thanks to all. Save me money as well as time... that's why I always come to the WF before making these kinds of decisions.

Paypal is a must have for anyone selling anything on the internet.. PERIOD.

We use TSYS & Authorize.net. I just heard of a really good system I am looking into now: Cornerstone.

I LOVE Paypal lol!
Maybe I am one of the only Warriors out there who really loves it! Yes I have had a problem in the past they blocked my account but it was resolved very quickly and with excellent customer service!

I find the service excellent. Money in my bank account the next day! Quick payments. Easy payment button set up. Dispute handling I find excellent and always communication is perfect!

I also use moneybookers and find Paypal soooo much better.

So YES I love paypal and will continue using it for a long time I hope

Even if you have had a great relationship with PayPal for the long term, it is always advisable to have at least one backup payment processor ready to go in case of any unexpected issues. It is a good idea that you set up an account with another payment processor prior to needing them. (even if you currently only choose to use PayPal). You should be able to switch from one to the other at a moments notice. Here's a fun test! For those of you running several sales pages or websites on PayPal alone, pretend your PayPal account was frozen right at this moment, how many of your sales pages and products and services of yours online would this affect? Another question would be, do you have important income generating accounts on certain sites that only payout what they owe you via paypal? And how long would it take you to switch ALL of your sales pages and related sites that make you money via paypal so that you can accept money again? Would you be scrambling to look for other payment processors and to set up an account with them while you sort out the issue with PayPal (which could take months)? if so, don't wait until it's too late.

The thing about Paypal is that thousands of IMers use it which makes it easy to pay for services and software through our community. Also the main reason people use it is there is no other good alternative. Paypal does everything you could ever really want to do and it does it will. Yes there are some problems with it and people complain about it, but that is going to be with every service. Nothing is perfect.

I would give you the main reason. Yeah, it is convenience. People are lazy and do not want to switch to another service. Most of use started on E-bay many years ago. OK so E-bay had a product called bill point, but they dropped bill point and bought up pay pal, and now force us to use pay pal, as in no checks, money orders, or cash money. This means we are use to pay pal and there is no learning curve.

I have had my Paypal account for over 7 years and never had an issue. If you play by the rules, keep your dispute count low, you should be fine.

I did sell a website for $12,000 and had to wait 7 days to access the funds, but in the end I got my money and the buyer felt secure.

You know why PayPal doesn't like to deal with Internet marketers that push WSO's?
Because they sick of processing refunds! Just think for a second, if you were a middle man in the transaction, how would you like to give your "transaction fee" back?