Payment methods

[W.Y.Photo]

What are your most commonly used methods of accepting payment?

I've been using paypal but I'm fairly unhappy with them taking a percentage of my money and taking 7-21 days to process payments. Anyone using anything faster or cheaper.. or both??

 

[Vtec44]

I rarely accept CC but I also use PayPal. I give clients a bit of a discount if they pay by checks or cash.

 

[tirediron]

I use Square for CC; works very well, fee is reasonable (2.5% I think) and money is posted to my account within 48 hours (usually a lot less). I don`t know what PayPal`s fee is (I thought it was around 2.8%), but you`re really not going to get anything significantly cheaper unless you`re using one of the big credit-card services and processing transactions on a Wal-mart level.

 

[Braineack]

aking 7-21 days to process payments.

so what you really mean is you dont like ebay?

as for fees:

paypal is 2.9% + $0.30 and everyone has it and works in conjunction with ebay.

google wallet is *gasp* 2.9% and no one has it

Square is 3.5% + $0.15 and requires a physical credit card in hand.

 

[W.Y.Photo]

aking 7-21 days to process payments.

so what you really mean is you dont like ebay?

Yes. and waiting. waiting is the killer. lol

Thanks for the info though. Now I know which service I should use when; and that Google failed to take control of one corner of the web... At least for now.

 

[tirediron]

Square is 3.5% + $0.15 and requires a physical credit card in hand.

If you swipe the card, it`s 2.75%, if it`s manually entered, then it`s 3.5%+$0.15; you do NOT need the card in-hand to do a manually entered transaction. Take client`s card information over the telephone all the time.

 

[Braineack]

Blame all the scammers selling on eBay, not paypal.

holding your payments is an eBay policy for "new" sellers, not paypal.

I sell on ebay all the time, my payments to pp are instant.

 

[Braineack]

Square is 3.5% + $0.15 and requires a physical credit card in hand.

If you swipe the card, it`s 2.75%, if it`s manually entered, then it`s 3.5%+$0.15; you do NOT need the card in-hand to do a manually entered transaction. Take client`s card information over the telephone all the time.

ah cool. thanks.

 

[jsecordphoto]

I use square as well sometimes and paypal, but most of my sales are through my smugmug site

 

[W.Y.Photo]

Blame all the scammers selling on eBay, not paypal.

holding your payments is an eBay policy for "new" sellers, not paypal.

I sell on ebay all the time, my payments to pp are instant.

Ahh, so I just have to get payed more then I won't need to wait as long?

That's reassuring as that's the main reason I am not too fond of paypal

 

[minicoop1985]

Paypal, checks, and cash. I gave a cash discount, but VERY rarely got cash.

 

[Forkie]

Err, is 7-21 days a business account thing? When I withdraw from Paypal it's usually in my account within a few hours.

 

[Braineack]

they do it with sellers with less than 100 sales and/or 100% positive feedback. something like that.

once youre a proven reliable seller, they wont hold payments.

 

[Mr. Innuendo]

I accept credit cards with Square, and have had zero issues. I also accept cash, and checks, although if someone wants to pay via check, the check clears before anything is handed over to the client. Period...

 

[imagemaker46]

My web site is all based on downloads payments using paypal. I invoice all my clients, most pay by cheque and some use direct wire deposits.