So I have been using PayPal Payments on my website for almost 18 years. It's easy to set up, easy to manage, and major credit cards can be used through PayPal. Their fee structure has always been in line with other payment systems like credit card gateways, Square, Stripe, etc. But they just enacted a major fee increase for PayPal (Digital) Payments, basically going from 2.90% + .30 to 3.49% + .49! They included the usual bullshit about them being "focused on helping your business sell more", blah, blah, blah. That's a huge increase of 35%! And I'm paying more now when customers use PayPal Payments than when they use a credit card through PayPal. That's a big change in their fee structure. So I'm thinking about switching from PayPal Payments on my website to Square, Stripe or online credit card/debit card payments. Right now, those services advertise 2.90% + .30 which is what PayPal WAS. Those could increase as well, of course, but at the present time PayPal seems to be the only payment processor that has gone huge for my pocketbook.
One advantage of using a service like Square is that I can process a credit card over the phone along with accepting online payments. I can't process a credit card over the phone with PayPal.
What method of taking payments are you using, or recommend? I would appreciate any and all comments and recommendations, as well as positives and negatives with the available services. I know that pretty much everybody is comfortable paying through PayPal, but there are those who prefer using anything BUT PayPal.
In the meantime, I will talk to Square, Stripe and a couple of the credit card gateway services. Thanks for your help with this!
One advantage of using a service like Square is that I can process a credit card over the phone along with accepting online payments. I can't process a credit card over the phone with PayPal.
What method of taking payments are you using, or recommend? I would appreciate any and all comments and recommendations, as well as positives and negatives with the available services. I know that pretty much everybody is comfortable paying through PayPal, but there are those who prefer using anything BUT PayPal.
In the meantime, I will talk to Square, Stripe and a couple of the credit card gateway services. Thanks for your help with this!