eBay’s electronic payment division PayPal is responsible for the bulk of eBay auction payments, and a new beta version is in the process of being launched. Against this backdrop is a groundswell of disgruntled Internet Marketers. Is it too little, too late?
PayPal (part of eBay’s Payments division) is one of the key pieces of the auction giants empire, powering it’s payment capability. It’s in the process of launching a revamp:
Although these are somewhat pleasant features to have, they’ll have to contend with a group of disgruntled Internet Marketers, particularly users of Jonathan Leger’s $7 script, which administers a mini affiliate marketing scheme through PayPal’s APIs.
Read through this thread at Jon Leger’s 7Dollar Forum and you’ll get the distinct impression that PayPal’s frontline customer service seems ill equipped to deal with the issues that (more…)
As an Internet marketer, you will inevitably collect payments and PayPal is one of the better payment providers.
- fairly simple to use
- transaction fees are fairly acceptable for low transaction volumes.
Having established itself as a primary mode of payment for eBay auctions, it’s been an easy to transition to becoming a mainstream payment option.
I’d say that the PayPal it’s a reliable way of doing business in your sales volumes $5,000 a month or lower. However, once you are doing sales of at least $10,000 a month you’d want to get your own payment gateway. (more…)