Anyone Else Use Paypal For Ecommerce? Have A Rolling Reserve? They're Killing My Biz
11-11-2013, 03:59 AM
Paypal used to be 'not a bank' but is becoming more of a bank despite its shitty customer service. I spent about 5 minutes looking for a link but on the business accounts they now write that it is FDIC insured.
My clients that have rolling reserves are high risk businesses that get a fair number of chargebacks each month. Its pretty crazy but their only choice for an easy way to do business internationally. Not everyone around the world has a credit card to run through stripe.
So yes, its the worst customer service but also the only service that is relatively universal in terms of people having access.
My clients that have rolling reserves are high risk businesses that get a fair number of chargebacks each month. Its pretty crazy but their only choice for an easy way to do business internationally. Not everyone around the world has a credit card to run through stripe.
So yes, its the worst customer service but also the only service that is relatively universal in terms of people having access.
Why do the heathen rage and the people imagine a vain thing? Psalm 2:1 KJV