Which payment processor is the best for you?

[Kennysplash]

Which of these payment methods do you use and why?

 

[ken_gitahi]

I love PayPal because it is accepted and easy to use in my country. Many of the clients I work with are also familiar with it, so that's another reason to work with it.

I also have Skrill and Payoneer accounts for when a client insists on a different payment option. However, I do not use those as much, so I would not say they are my best.

 

[Uptrendfinancialsignal]

For me, what I do is choose a payment processor that aligns with my business needs. I do this by considering factors like fees, ease of use, security, and the integration options. I use PayPal, Cashapp, and Cryptocurrency for payment.

 

[ken_gitahi]

Fees is a big one. Currently, PayPal takes about 4.5% of the amount I receive when you factor everything including the currency conversion. That is not too bad as I have seen some charge 10% for the same service.

 

[Uptrendfinancialsignal]

Fees is a big one. Currently, PayPal takes about 4.5% of the amount I receive when you factor everything including the currency conversion. That is not too bad as I have seen some charge 10% for the same service.

Whenever I want to choose a payment processor, I research the fees because they matter a lot. For me, PayPal's 4.5% cut, including currency conversion, is still reasonable. Even at that, I still compare rates and factor in convenience to help me find the best fit for my freelance finances.

 

[Atikur2003]

I feel secured on PayPal.The most important merit is the strictest security and privacy measures to ensure your data is completely safe and that any threat of hacking is eliminated. PayPal also offers customers an extra layer of security with Buyer Protection.

 

[fdk]

I always mainly used PayPal to accept payments for all of my websites and forums in the past. I also had a period on my largest forum where I accepted Skrill (previously Moneybookers) and crypto-currency payments, however this was during a time when crypto was still its infancy adoption period so we didn't actually take many crypto payments at the time.

I had a few issues on occasions with PayPal disputes for members purchasing forum currency, but I quickly developed T&Cs to cover this after a couple of losses and developed a system of responding to the disputes where PayPal always seemed to uphold in my favour, so that was ideal. I know others have faced issues with PayPal disputes, sometimes a while after the transaction date, which can cause cash flow problems for small websites especially if they invest income quickly.

 

[Shawn Gossman]

PayPal for me. I'm used to it and established on it.

I do use Stripe for some business accounts, which makes using PayPal a pain.

I also use Venmo here and there.