Never keep money on your paypal account, withdraw as fast as you receive them
this^
or paypal alternatives
Never keep money on your paypal account, withdraw as fast as you receive them
There's some other good news articles about it from guys like BBC, etc... but I can't be bothered to search for them. I always wondered why VISA and Mastercard didn't capitalize on this sooner. They could wipe out every 3rd party payment processor out there with one swoop. I guess they were just waiting for the online P2P payments industry to get large enough to warrant destroying all profits from providing merchant accounts?Visa is implementing a new money transfer service to allow customers send funds in real-time to other cards using the VisaNet [COLOR=blue !important][FONT=inherit !important][COLOR=blue !important][FONT=inherit !important]network[/FONT][/FONT][/COLOR][/COLOR]. For the first time the service was activated by Russia's largest payment kiosk operator, 1st Processing Bank (QIWI Group), and Ukraine's largest bank, PrivatBank earlier this week. Now Visa plans international roll-out.
Using the service customers just specify their Visa card number to initiate the payment. It eliminates any need to fill out different forms and give away routing information such as bank codes and branch addresses.
When processed through VisaNet, funds are credited directly to the eligible Visa credit, debit or prepaid account in minutes, freeing recipients from having to visit agent locations to collect cash.
Normally in non-computer life if I hate something, I'll just fucking punch the person. Paypal has some fucking nerve to hold my money for 180 days as they grow interest in their bank accounts... I dont know who the fuck they think they are. Has anyone ever tried pursuing legal action against them regarding this?
Can't find any decent articles about it, but I'm too lazy to search. Anyway, once this goes international, it should pretty much kill PayPal off altogether:
Visa allows direct money transfer from one card to another | Ecommerce Journal
Can anyone who uses 2Checkout for a service / invoicing-based business comment on using it? I was thinking of switching for my content stuff but I pretty much forgot about it.
They keep 5% as a reserve for 3 months and then release it back to you. IMO, it doesn't affect you at all as far as the reserve is concerned.
They also charge you a 5.5% + $0.5 fee per transaction. It is higher than paypal's I think (not sure, I never used paypal). But since paypal has bad reputation I sticked with 2co.
In 3 years I've been using it, I've never had any problems with them, no matter the volume. They assign you a personal assistant after some time if you have enough sales and sale volume. They respond pretty fast if you have any questions during normal working hours.
They send out money every 7 days to your specified bank account. I personally have it connected with payoneer account, which allows me to withdraw my money with payoneer mastercard from atm's anywhere.
It's great so far, can't complain.