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How is this related to just conferences? PayPal doesn't have an anti-conference agenda.. There seems to be two things that set PayPal off. 1) Small volume to h
by omfg 14y ago
How is this related to just conferences? PayPal doesn't have an anti-conference agenda.. There seems to be two things that set PayPal off.
1) Small volume to huge volume in a matter of days.
2) Taking payments for something happening in the future.
Story after story about both of these scenarios.
It seems obvious at this point that PayPal is not a good processor for things like pre-sales or events. It may be annoying but it's a liability for them and they do what they need to minimize it.
PayPal may be attractive because it's quick to setup but it seems easier for people to get in touch with a proper merchant account provider, discuss what you'll be selling ahead of time so they're prepared, and not get your funds frozen.
Update:
For anyone who is interested, here is PayPal's policy on pre-sales.
https://www.paypal-businesscenter.com/content/presale-policy-and-reserves https://www.paypal-businesscenter.com/content/presale-policy...
- pydanny 14y agoYou're right, it's more than just conferences. But conferences and the will of the developer community are a critical factor in PayPal's ongoing success. Stripe and it's competitors are making inroads because of PayPal's difficulty of use AND their forbidding anti-fraud policies. As for proper merchant account providers, tell that to people in countries where the majority of residents can get PayPal but not credit cards.
- omfg 14y agoI understand that. We're in the same boat. We have to use PayPal because it's what our customers want. But it's up to the business / organizer to minimize the risk, same as it's PayPal's job to minimize theirs. Could split processing between merchants, attempt to get authorization for capturing at a later date, etc. Great book by the way, just picked it up yesterday.
- pydanny 14y agoGlad you liked the book!