Thread: Best payment systems for your site?

Originally Posted by firetown

Thank you everyone for your advice, has any of you tried 2checkout yet?

I have been using 2Checkout for almost a year now. Only thing I don't like about them is extra High Fees other than that they are superb (never had any problem).

They are very easy to setup, their payment processing system for credit cards is quite fast but they are a bit slow in processing PayPal payment (But they clear all payments before next payment cycle).

Let me know if you need to know anything else about 2CO.

I also have 2CO account. But used it only once, since customer was able to pay with CC and I was not able to accept payment via PP.

My experience: high fees, quite long time to clear payment, lack of support....

I think 2CO is good for e-commerce site, online shop or hosting service.

But for personal payments PP or MB much better....

I use 2Co for one of my websites but I am sick of their fee system. Have to pay a lot of fee.

On every $100: 5.5%
On every transaction:0.54%
Reserve: 5%

Paypal is always a good option but I am from a non-supported country so, its not helping me much. I have to accept PayPal payments on 2Co.

Originally Posted by JimmyK

On every $100: 5.5%
On every transaction:0.54%
Reserve: 5%

Those fees are just horrible. I wouldn't use this place.

Originally Posted by Desan

Those fees are just horrible. I wouldn't use this place.

Agreed! Fees are way too much high but when you have no other choice you are kinda forced to use such systems. I'd consider my case the same.

Originally Posted by Khan

Fees are way too much high but when you have no other choice you are kinda forced to use such systems.

Yeah. That sucks big time. Maybe one day you find an alternative with smaller fees.

Originally Posted by Desan

Yeah. That sucks big time. Maybe one day you find an alternative with smaller fees.

I'm not quite sure if I could find a payment processor with low fees.

Plimus seems to be an alternative to 2Checkout but they have high fees as well and they pay on monthly basis (I don't really like that). I'm more comfortable with 2CO at the moment for the reason they pay every week (Maybe that's the reason I'm still using them).

Originally Posted by Khan

I'm not quite sure if I could find a payment processor with low fees.

For someone with enough money, time, skills, and resources, this would be a great opportunity. Create a payment processor with low fees.

Originally Posted by Desan

For someone with enough money, time, skills, and resources, this would be a great opportunity. Create a payment processor with low fees.

Now that's not really a good suggestion It would need heaps of money to start something like that and I doubt anyone here could afford that.

Maybe Will and some other guys start something like this as a joint venture

Originally Posted by Desan

For someone with enough money, time, skills, and resources,

There must be someone in the world with enough money, time, skills, and resources.