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Does Paypal ameliorate the problem? Is there less fraud if you accept Paypal only?
by hughw 11y ago
Does Paypal ameliorate the problem? Is there less fraud if you accept Paypal only?
- cpncrunch 11y agoYes, paypal seems to have very good fraud detection. I've been using them for the last 9 years for mostly $10 transactions (about $30k a year or so) and I don't think I've had a single fraudulent transaction in that time. Before paypal I used worldpay, and although their support is infinitely superior (paypal's support sucks balls), I did have a few fraudulent transactions a year. Also, paypal's refund fee is just $0.30. (Not sure if it costs any more for a chargeback).