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Why isn’t everyone selling on the net accepting paypal yet?

Jim Kukral says:

I don’t get why every online store doesn’t have a PayPal option? I mean, if you’re going to accept credit cards, and even checks, why not have a PayPal option?

I couldn’t agree more. from an e-retailer’s point of view, especially if you are selling cheaper goods, you are making a huge mistake if you are not accepting payments via paypal.

if you don't accept paypal on your e-retail site, you suck

There is a reason paypal has as many as a hundred million users worldwide - it’s probably one of the first media of online transactions for internet users (they are after all, the primary method for paying on ebay!).

Paypal is also VERY easy to use. Sometimes I’m just too lazy to take out the credit card and type in the credit card number, expiry date and CVV2 number, along with my name, address and telephone number to pay for something on the internet. It’s just easier to type in the paypal username and password, press next and finish the transaction.

Jim writes that he uses Paypal as “Fun money” to make impulse purchases, and buy stuff he’d rather not use his credit card for.

If your e-retail website isn’t a huge brand yet, it makes a lot of sense to accept payments via paypal. A buyer doesn’t have to think 10 times before buying from you. if a store doesn’t deliver, it’s super easy for buyers to lodge a complaint with paypal, and paypal will make sure that fraud isn’t happening on it’s platform - a lot of buyers know that.

If you aren’t accepting paypal on your web-shop, I have a two words of advice for you - ACCEPT PAYPAL!

———-

oh, and talking about paypal, I recently filled out a survey for CJ, one of the questions there was if publishers would like CJ to make payments via paypal. - if they do that, that’d be super-awesome.

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Discussion

8 comments for “Why isn’t everyone selling on the net accepting paypal yet?”

  1. Well Paypal is not accepted in all the countries around the globe, if they made a much greater effort in making the service more widely available then I’d say much more people would use them.

    http://www.txcreditbank.com

    Posted by Danny | July 29, 2007, 10:41 pm
  2. I always ask for and pay by USPS money order.Paypal is the biggest con in the world.

    Posted by Rick | July 30, 2007, 3:55 am
  3. I have many reasons for NOT using PAYPAL - first I don’t use credit cards, second I don’t use cheques, third, I will not divulge any of my bank account details to anyone. PAYPAL has been hacked at least once. Either I use Cash, or I will make the effort to use Postal Money Order or a Bank Draft - all of which are cheaper and more secure , in my mind at least, than credit cards or other online payment methods. Sorry, but PAYPAL is just another money making scheme and puts my personal information at risk.

    Posted by phil | July 30, 2007, 4:03 am
  4. Why shouldn’t a merchant accept PayPal? http://www.nopaypal.com would be a good reason!

    Posted by Tom Mahoney | July 30, 2007, 11:10 pm
  5. You get next to zero fraud protection from PayPal, despite what they say. I have read countless episodes of people thinking they were protected from fraud but weren’t. The best thing to do is either use/accept credit cards or if you must use PayPal, insist on the buyer using their credit card, NOT money transfers. That way, there’s no ambiguity about fraud protection.

    Posted by kevin | July 31, 2007, 4:15 pm
  6. […] the US when this was first announced.  Nevermind though, paypal still rocks! (Yes, I read all the negative comments about paypal, but it’s just a question of using the service wisely and not falling for phishing, etc. […]

    Posted by Amazon Flexible Payments Service is US only | Final Tag | August 3, 2007, 10:58 am
  7. The fact that not every country is eligible to use such great service is the service’s downside.

    http://www.markettreasure.com

    Posted by markettreasure.com | August 20, 2007, 5:09 pm
  8. I want to buy a vehicle from Portugal but we have heard negative response about pay pal please advise me I cannot afford to loose my money I am disabled and people say they will go ahead and pay the seller before you get to examine the vehicle.I want some comments on this.

    Posted by kenny lewis | March 6, 2008, 2:16 am

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