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> I still don't understand how anyone does business with Paypal. I run a business which takes PayPal and there's one reason we take PayPal: Everyone has it and

> I still don't understand how anyone does business with Paypal. I run a business which takes PayPal and there's one reason we take PayPal: Everyone has it and everyone expects it. I'm speaking solely from annecdata here, but in my experience at least, if you don't have PayPal, you're probably giving up a huge potential amount of revenue even if you take CCs via another means. PayPal makes buyers feel very much in control, if you're doing recurring payments, there's a cancel button, it's easy to challenge a seller and win and they take so many different methods including CCs, bank accounts, "instant bank transfer" (where they'll do bank transfer but fall back to CC, allowing your transaction to go through instantly which many people love). As a buyer, PayPal is very good. If you don't compromise and meet your buyers, selling is a lot harder. Unless someone can make buyers move, there's not much recourse a seller can take.

FussyZeus 10y ago
^ Same, and that's the exact reason. I don't trust them at all though, as soon as I get payment for any work performed it's out preferably via debit card or EFT if it's over the limit. PayPal balance is never over $20 if I can help it. Necessary evil.
philipov 10y ago
As a buyer, I consider credit cards the greater of the two evils. Because I don't use credit, I can't get credit large enough for the purchases I wish to make above my debit limit, and so I continue to not use credit. So I use Paypal because they offer bank transfers with a limit higher than my debit card, and don't require me to buy into the ridiculous credit game we've got going on. From my point of view, regardless of my disdain for Paypal as an organization, if you don't accept them and I'm buying something worth more than a thousand dollars, I have no way to give you my money. It's remarkably difficult to pay for large transactions with cash without using Paypal.
- mordocai 10y ago
  Direct bank transfers and a debit card with a high/no limit are other options. I have both. Of course, that doesn't mean you have either easily available to you.
- khedoros 10y ago
  > It's remarkably difficult to pay for large transactions with cash without using Paypal. When I've done that in the past, I called the bank to have my debit payment limit raised for a short time. It took about 10 minutes, but I don't make >$1000 purchases in cash often enough for it to really matter. Given the rarity, I'd rather make the call than use Paypal.

FussyZeus 10y ago

^ Same, and that's the exact reason. I don't trust them at all though, as soon as I get payment for any work performed it's out preferably via debit card or EFT if it's over the limit. PayPal balance is never over $20 if I can help it. Necessary evil.

philipov 10y ago

As a buyer, I consider credit cards the greater of the two evils. Because I don't use credit, I can't get credit large enough for the purchases I wish to make above my debit limit, and so I continue to not use credit. So I use Paypal because they offer bank transfers with a limit higher than my debit card, and don't require me to buy into the ridiculous credit game we've got going on. From my point of view, regardless of my disdain for Paypal as an organization, if you don't accept them and I'm buying something worth more than a thousand dollars, I have no way to give you my money. It's remarkably difficult to pay for large transactions with cash without using Paypal.

mordocai 10y ago
Direct bank transfers and a debit card with a high/no limit are other options. I have both. Of course, that doesn't mean you have either easily available to you.
khedoros 10y ago
> It's remarkably difficult to pay for large transactions with cash without using Paypal. When I've done that in the past, I called the bank to have my debit payment limit raised for a short time. It took about 10 minutes, but I don't make >$1000 purchases in cash often enough for it to really matter. Given the rarity, I'd rather make the call than use Paypal.