Paypal

I don't care what the reason is . I just don't like anyone telling me what kind of business I do and with whom. I am researching alternative sites and will let y'all know.
I currently have Stripe, their policies are just as crazy as FB and Paypal. It was recommended to me to use "2checkout" and "authorize.net" which I am doing as I type this. But this recommendation was not because of guns or knife selling, I just don't like their insanely liberal policies.
 
I currently have Stripe, their policies are just as crazy as FB and Paypal. It was recommended to me to use "2checkout" and "authorize.net" which I am doing as I type this. But this recommendation was not because of guns or knife selling, I just don't like their insanely liberal policies.
Please tell us more about 2checkout and authorize.net
 
I'm still using PP because it's the only option I know of that allows me to take credit cards at shows. I've started using Wave for online invoice sales though also. When someone wants to pay with PP I get there email address and send them an invoice that has no mention of "K". It prevents the customer from just sending you payment and marking "cool big knife" in the comments.
I just received a Quickbooks module for card processing and I am about to use it next month at my first show. I currently use Stripe for my online payments but am checking out 2checkout and authorize.net among others. Stripe is mucho too liberal for me.
 
Please tell us more about 2checkout and authorize.net
Both of those were recommended to me by the person who manages my website for payment processing. I'm in the midst of being authorized by 2checkout (they ask a lot of questions) and authorize.net has higher processing fees so they are not my first choice.
 
I just received a Quickbooks module for card processing and I am about to use it next month at my first show. I currently use Stripe for my online payments but am checking out 2checkout and authorize.net among others. Stripe is mucho too liberal for me.
That's interesting, I checked with quickbooks and they stated that knives were not approved items.
 
So far, Wave seems like my first choice. I'll need to set up a bank/debit account to use with it, as right now I use my PP for knife only (and a few toys :)). As long as the average buyer is good with the payment protection offered by their CC/DC, Wave should serve me well.

Sound about right?
 
That's interesting, I checked with quickbooks and they stated that knives were not approved items.
hmmmmm. Well I'm not marketing using the term "knives", just outdoor "stuff". In fact, I listed "2checkout" in one of my earlier posts. They came back to me asking for PII information and so much other stuff I told them to "forget it", I'll go elsewhere. PII is sensitive info btw.
 
Not sure how this works in the US (I'm from Canada). I used wave in Canada but for US cards they use Stripe to process. My Stripe account was closed by them because I sell knives. I have been doing a ton of research on "high risk" payment gateways. I have opened one and I will make a thread about it when I have all the facts. Basically every provider considers all knives as high risk and most won't deal with us. There are extra costs to make this work but I think it beats risking having funds siezed.
 
A new payment provider is close to releasing their online payment solution which will compete directly against Paypal: Keep an eye on the social media provider : GAB.com. They have recently announced that they will be releasing in the near future a payment processor solution that will compete directly against Paypal. GAB is a free speech uncensored social media program (at least I've not seen any censoring so far) and I've been a member since their inception.
 
It reminds me of an experience! We do knife business. But many platforms regard folding knives as a dangerous thing. No matter in logistics or Amazon. That's too crazy!
 
I'm a hobbiest and my knifemaking is not a business although I sell about 30 knives a year. I don't pay tax on the income. The name on my PayPal account is W. Hammond, Silversmith. The only way I use Paypal is to have my buyer "Gift" me the money.That way I avoid the fees and it looks like a friend or relative sending me money or loaning me money. I never send an invoice, I've never had a customer balk at the request to just "Gift" me the money after I explain paypal's stance on selling weapons. I sell to good 'ol conservative boys and girls and the love screwing PayPal out of their fees. Paypal and the IRS can kiss my ass.
 
They have always been against anything they can labeled as "weapons"!

I learned from another knifemaker's error. He had his paypal account connected directly to his bank account in which he kept both the family and knife business money, and the credit card connected to his Paypal was also the "family" card....

He had a run in with Paypal, where a customer disputed a payment, and Paypal was able to, and did freeze everything in that account..... for nearly 90 Days!

It's a pain in the butt, however, I have a totally separate bank account, in a totally different bank for my Paypal account/activity, which is connected to a visa card that we have ONLY, to be connected to Paypal, and is NEVER used for anything else.

First NEVER write/type anything with the word "knife", into paypal..... it's either "cutlery", "camping tool", or "outdoors tool." Here's how I operate/try to cover myself with Paypal.....

As soon as a Paypal payment is in my Paypal account, the full amount gets transferred to the bank. As soon as the money hits the bank, I physically go there, withdraw it, and then go to another bank (the one where I keep my knife account) and deposit it. And I NEVER keep more then $50 in the actual Paypal account.
Doing things that way, Paypal can only freeze the bank account that is attached to Paypal (which never has more then $50 in it)..... and the only credit card they have any access to, is the one that is used for Paypal only. And in case you didn't know it, if (Paypal cannot freeze a credit card account) Paypal does a charge back to your credit card, you can dispute it, and in my case (it's only happened twice to me) the credit card company sided with me, recovered the funds that Paypal had charged the credit card, and locked Paypal out of that credit card account. Which also sucked, because after everything was done, Paypal would not allow me to connect that credit card account number to Paypal....which meant I had to cancel that card, and get a new account number/card.

Believe me Paypal IS NOT your friend! Cover your butt, or at the first opportunity, they will stick something right up it!
GREED
 
Back
Top