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Alternative ways to get paid apart from PayPal


jamesbyrne5566
Full Member
  • Posts: 14
  • Joined: 03 Feb 15
  • Karma:
25 Aug 15 03:11:53 pm
Are there companies out there that offer accounts with some kind of credit arrangement for a month to beat paypal, for instance, if i sell an item then paypal tie the money up for a certain amount of time. If i do this every day then every month, then this is a large amount of money constantly tied up. The only way to get this money is stop drop shipping.


James Byrne

fudjj
Site Admin
  • Posts: 6305
  • Joined: 27 Jul 07
  • Karma:
25 Aug 15 08:50:20 pm
Hi James,

There are alternatives to PayPal, however you have to also take into consideration your customers requirements. Most have no issues trusting PayPal's gateway, so you can risk sales by not offering what most consider to be the industry standard. The other point I would make is that it's only an initial hold, once cleared, funds flow without regular holds.

What you can also do is get on the front foot and contact PayPal to asj them what account information they would like to assist in verifying your account as quickly as possible. You can also ask your customers to inform PayPal of the successful delivery when they receive it, this will see PayPal then release the funds.

So yes, holds car be a pain, but you can quite often minimize the drama with a little forward planning.

Cheers


Mark (fudjj)

Community Manager
SaleHoo.com

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william232
Full Member
  • Posts: 208
  • Joined: 19 Oct 08
  • Karma:
11 Dec 15 09:06:13 pm
Hi James

there are 2 options

1. Upload tracking number to ebay and paypal so funds get released faster

2. Sell Recipes as well as other items to build up feedback and to get past the/off paypal hold/jail


 

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