4 ms·

I am considering on using Paypal in my startup business. How do you feel about it? I attended a startup conference 6 months ago. Paypal was also there claiming

• patio11 11y ago
  Will you have delivered the product/service at issue at the time you charge the card or within a short period of time thereafter? If so, it is highly likely you will not have any issue with Paypal. If you are accepting pre-payment for something which cannot be delivered in full shortly after payment, it is likely that you'll have to become conversant with Paypal's published guidelines about this. Spoiler alert: if you are in an events business, "We emailed a ticket" does not constitute delivery of the purchase. Successful conclusion of the event constitutes delivery. Most events businesses structurally need to pre-sell tickets. They will, virtually inevitably, have more issues with collecting payments than e.g. a software company which says "You give us a credit card we give you a working download link." This is not a result of caprice by Paypal -- more than 1% of scheduled events fail to actually happen; when that happens, Paypal gets hit with hundreds of chargebacks. More details: https://www.paypal.com/webapps/mpp/brc/presale-policy-and-reserves https://www.paypal.com/webapps/mpp/brc/presale-policy-and-re... Events businesses: https://www.paypal.com/webapps/mpp/brc/account-reserves-tickets-and-reserves https://www.paypal.com/webapps/mpp/brc/account-reserves-tick...