can I do this with paypal?
- Thread starter blue141
- Start date
Yes you can.
Trial period 1, trial period 2, recurring after.
You will need 2 different buttons though.
Trial period 1, trial period 2, recurring after.
You will need 2 different buttons though.
just to clarify, one button for option A ($1997 + $399 per month) and one button for option B ($1247 first month, $1247 second month then $399 per month)?
^ Agreed.
paypal is known for shitting on accounts when there is big money involved. Plus looking after a big rebill that's random throughout the month for xx or xxx customers would be a nightmare with paypal alone imo. Unless you prove a squeeky clean record and ease into these numbers or call/show full transparency and dump good money into paypal first to show some weight I wouldn't bother with this route.
Most I've done was $350 upfront and $250/month for forex a few years ago and it was with clickbank, got to low xxx members and it turned into a nightmare. I applaud your goals but I'll be realistic and agree with the rest. Rebills of this size have very little retention, CC's stop working, chargebacks come in, people leave, want refunds, and your 3-6 month customer just went to shit after the 2nd month and you lost their monies anyway...
You're the real estate guy right? Tried that too << Has a rebill of $49/month on level 3 of an upsell of a tiny up front fee for this niche. These are people WITH money and it's a bitch to retain them too.
Also with any kind of affiliate support, expect to be targeted for fraud, they seem to love higher ticket items lately and you'll see 5 orders come in and get charged back/stolen/bang there goes your paypal/other merch. account (random example)... Tread carefully and choose your processor wisely for those figures.
paypal is known for shitting on accounts when there is big money involved. Plus looking after a big rebill that's random throughout the month for xx or xxx customers would be a nightmare with paypal alone imo. Unless you prove a squeeky clean record and ease into these numbers or call/show full transparency and dump good money into paypal first to show some weight I wouldn't bother with this route.
Most I've done was $350 upfront and $250/month for forex a few years ago and it was with clickbank, got to low xxx members and it turned into a nightmare. I applaud your goals but I'll be realistic and agree with the rest. Rebills of this size have very little retention, CC's stop working, chargebacks come in, people leave, want refunds, and your 3-6 month customer just went to shit after the 2nd month and you lost their monies anyway...
You're the real estate guy right? Tried that too << Has a rebill of $49/month on level 3 of an upsell of a tiny up front fee for this niche. These are people WITH money and it's a bitch to retain them too.
Also with any kind of affiliate support, expect to be targeted for fraud, they seem to love higher ticket items lately and you'll see 5 orders come in and get charged back/stolen/bang there goes your paypal/other merch. account (random example)... Tread carefully and choose your processor wisely for those figures.
Even with a squeaky clean, long history and full disclosure that account will be limited, guaranteed. At LEAST for a period of time while you jump through hoops and send in your statements only to be held to the mercy of some dingbat Paypal account rep that couldn't give a rat's ass about you. And during this time (and it will take time for them to decide your fate) you're stuck scrambling for another payment processor, losing orders, and at the whims of Paypal to recoup the funds for the orders they did allow you to take in.
Attrition will happen in any recurring billing model. After a while, you'll learn what the lifetime value of each customer is but I wouldn't PLAN for the average to be any more than the initial payment plus one month. That's just the way it goes no matter how good your product may be.
And don't go to Google Checkout thinking it's any better. In fact, it's worse...MUCH worse. Whereas Paypal will limit your account and hold your funds for 180 days before releasing it to you, at least there's a good chance you'll actually receive that money; albeit probably 6 months in the future. Google Checkout, on the other hand, will simply deny you access to your account (including transaction records and customer contact information) and refund everything, even if there isn't ONE SINGLE CHARGEBACK, REFUND REQUEST, or COMPLAINT of ANY KIND.
Ask me how I know. :angryfire:
Yeah, its only one of the largest payment processors in the world with over 220,000,000 accounts worldwide. Nobody's ever heard of them.
I have a feeling you will do well on these forums. Keep up the stellar work.
Good feedback...the paypal is 5 years seasoned, and i've run 20k+ thru it on a monthly basis before, but after thinking it thru, I better just take the extra time and effort to run this thru a merchant account.
I haven't really been using PayPal for anything more than personal and small transactions the last 2 years and NEVER keep more than a couple hundred dollars in there because they are extremely risky. My story:
I previously had an account with PayPal and had a couple issues with customers (I was running a hosting biz at the time - young gun) who had used fraudulent cards to send ME payments that resulted in my account being limited and DELETED a few weeks later. It was a nightmare of hours on the phone speaking to 3-4 tiers "up" the supervisor chain to absolutely NO avail. They refused to give me reasons why my account was limited (or deleted a while later) and I had over $1K (at the time that was big money to me) in my account prior to the incidence occurring which I still have not seen to this day.
I have an account now (no idea how I was able to re-register) but I don't trust them at all.
I previously had an account with PayPal and had a couple issues with customers (I was running a hosting biz at the time - young gun) who had used fraudulent cards to send ME payments that resulted in my account being limited and DELETED a few weeks later. It was a nightmare of hours on the phone speaking to 3-4 tiers "up" the supervisor chain to absolutely NO avail. They refused to give me reasons why my account was limited (or deleted a while later) and I had over $1K (at the time that was big money to me) in my account prior to the incidence occurring which I still have not seen to this day.
I have an account now (no idea how I was able to re-register) but I don't trust them at all.
Trusting Paypal with anything is just asking to get fucked. They suspend accounts at random and can hold your funds for months for no reason.
Get a merchant account.
Get a merchant account.
^HAHA
yeah dude don't fuck with Pay Pal...They will locked you account and all the money in for 180 days for no reason.
Got $4,000 locked for doing "High Risk Business", I was just selling cellphones international. After hours on the phone...they explain they felt "the international buyers I sell to run a high risk getting scamming me".
Glad they decide to protect me, and lock my account.
yeah dude don't fuck with Pay Pal...They will locked you account and all the money in for 180 days for no reason.
Got $4,000 locked for doing "High Risk Business", I was just selling cellphones international. After hours on the phone...they explain they felt "the international buyers I sell to run a high risk getting scamming me".
Glad they decide to protect me, and lock my account.
Holy shit dude you don't have to reply to every fucking thread on the board.
Notice they're all a minute or 2 apart, too... someone's trying to get their post count up. Ban.