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E-Commerce Discussion Web Hosting Forums - Payment processors, payment systems, merchant accounts, online banking, shopping carts and billing systems.

View Poll Results: Which Is Better
Paypal 6 66.67%
2Checkout 3 33.33%
Voters: 9. You may not vote on this poll

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Old 09-18-2005, 07:24 PM   #1 (permalink)
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paypal vs 2checkout.com

Hey guys, just wanted to share some collection information with you guys. I wanted to see which method was better/user friendly, 2checkout.com and paypal. Here is what I found.
www.2checkout.com
• $49 one time signup fee
• $0.45 per Sale
• 5.5% of Sale Amount
• 30 Day money back guarantee
• No application fees
• No monthly fees
• No statement fees
• No leases
• No SSL certificate to buy
• No fees for ACH deposits to U.S. or participating Canadian bank accounts
• Check Payment or Low Cost Wire to Non U.S. Bank Accounts
• FREE shopping cart
• FREE code for your web site
• FREE on-line tech support
• No waiting weeks (Getting started immediately)
• No term contracts
• No equipment or software needed
• Easy to use plug-n-play code
• Simple commission fee structure
• International suppliers accepted
• List products & services just about anything
• Supports recurring billing
• Works with existing shopping carts
• Authomatic purchase order notification
• State of the Art fraud detection
• Great for simple or complex needs
• Comprehensive account management tools
• Robust shipping options

Paypal
Merchant Standard
Pricing
• No monthly fees
• No setup fees
• No cancellation fees
Transaction Fees
1.9% to 2.9% + $0.30 USD


Merchant Pro





Pricing
• $20.00 USD monthly fee No monthly fee until 10/31/2005
• No setup fees
• No cancellation fees
Transaction Fees
2.2% to 2.9% + $0.30 USD†


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User Friendly: Who doesnt know how to use paypal, you put your info and your done.

2checkout.com is a little harder, go to buy a 2checkout.com item and right before you buy refresh, and your cart is doubled, visit the checkout again, and your order is doubled. People get so messed up when they order 4 $500 things when they meant to order one (happened to a business that got sued).


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Overall, Paypal is what I use, and you should to.
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Old 09-19-2005, 01:09 PM   #2 (permalink)
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Hey Hey Hey
i have paypal account cuz i had to open one (or i wont recieve any payments for freelancing and other services i provide)
Paypal is not world wide - i cant transfer my paypal money to my bank or add my credit card to my paypal account (yes my paypal account is unverified)
i use my paypal money to pay for hosting - domains - services - ....

in the other side 2CO is worldwide but $49 one time signup fee is a lot
i am planning to open account at 2CO when i am ready to accpt payments via my web site
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Old 09-20-2005, 05:40 AM   #3 (permalink)
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transaction fees are more than paypal. my moms work was going to do it and accept fees for there appraisels, but if they get $500 a report, like a grip of it gets taken. not worth it.
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Old 09-20-2005, 04:47 PM   #4 (permalink)
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hmm.. i think i might go for both on my hosting

so i cant pick one
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Old 09-23-2005, 12:25 AM   #5 (permalink)
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paypal rulz 8)
__________________
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Sorry for my englsih but i am from Argentina (a spanish speaking country)
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Old 09-23-2005, 05:54 PM   #6 (permalink)
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Both paypal and 2Co are good payment processor and they provide good service and support,however it also depends upon the location you're based and the amount you process usually.
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Old 10-07-2005, 09:30 AM   #7 (permalink)
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Hey thanks that lists out the Differnces clearly I am still Debating with myself what to use
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Old 10-09-2005, 05:32 PM   #8 (permalink)
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i think paypal is good though 2checkout is not bad so far.
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Old 10-10-2005, 05:01 AM   #9 (permalink)
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Paypal doesn't accept my country
Though I have a credit card, I can't use it with Paypal.
2CO.com is the best option for me
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Old 01-22-2006, 09:35 PM   #10 (permalink)
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2checkout is worth the it, $49 aint allot compared to loosing all the money in your account. They play clever tricks and you need to watch out!

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