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I run BitBuffet.com where we enable end users to sell digital downloads and we use PayPal exclusively. These horror stories are somewhat uncommon (we've never e
by bryanh 16y ago
I run BitBuffet.com where we enable end users to sell digital downloads and we use PayPal exclusively. These horror stories are somewhat uncommon (we've never experienced one or heard of a customer experiencing one).
My advice: go with PayPal until you are making well over $2-4k a month, then switch to a dedicated merchant account once you have proven volume. There are 100 other more likely points of failure than not getting your money from PayPal.
- cullenking 16y agoThat's what we have done. Paypal horror stories freak me out, so I regularly withdraw to my bank account and then transfer to another account so paypal can't go after the withdraw. Paranoid, yes, but better than nothing. Now that we have $1.5k a month in donations, we are using Braintree. Wasn't worth setting up before proving financial viability, but definitely worth the peace of mind with a proven business. Great piece of advice.