Paypal Alternatives?

[ptrthgr8]

I didn't see any mention of overseas transactions one way or another, so I'm assuming they don't really care where the buyers/sellers are located. (But we all know what happens when you assume.)

So, I sent them an email and heard back already. They said if you (as a seller) use a bank that has a branch in the US then they could help you out. So, there is some sort of limit to what they can do to help non-US sellers.

Cheers,

~ Greg ~

[Strick28]

Keeping an eye on this one. Agree PP is a painwhen dealing with tabac and fire arm stuff. Have used Amazon with no issues...

[SeeGar]

It's a bit grown-up, but for businesses that need to process international payments some of my clients use SagePay.

It's not too expensive, quite flexible, accepts all major credit cards (and other payment methods like PayPal) but is something of a faff to get set up.

[SiegeA]

Klik and pay works for other etailers in this industry, and personally, I've had no problem with it (yet) Might be worth a looksee.

[Jason55555]

Rob I left a private message in you inbox, I think it should solve your problem.

[BMWFan]

Klikandpay works great, have not had any issues.

[Cohiba Stevie]

Im so glad this topic has come up!

My mortgage advisor told me to get rid of my credit card last month as it would improve my chances of getting a mortgage offer.

Im up a creek without a paddle when it comes to ordering cigars from Rob now!

If there is any alternatives im all ears. There is a space in my humidor begging for a box of mag 46s to fill it.

[Patric M]

i'm not a techie guy but don't emt's work?

[mk05]

Definitely not a fan of international wires. Just a nightmare.

[Fuzz]

Definitely not a fan of international wires. Just a nightmare.

Agreed. A real pain in the tuchus.

[Random]

There are no online payment systems on Internet that are not risky. Dont forget, most of them usually have to work with banks through the SWIFT system and Visa/ MC systems which can ban anything any time they want. You can use them only for small payments with a very little accumulation on your acc in their system to cash out. Any serious amount accumulation (5k+) is risky.

[mk05]

Agreed. A real pain in the tuchus.

1) Bank tells me the wrong SWIFT code. Ate wire fee, wait 2 weeks for return to Rob.

2) Bank cancels wire because it was sent to my nickname czar uses instead of my account name that is on file (same as first time), have to show up at the bank because BAC investigating me for multiple failed wire flag. Another wire fee and lost time.

3) ForEx increased. Lost more with time.

4) Will lose another wire fee with next transaction.

Lost amount equivalent to box of Shorts +$12 to receive, plus one month of time thanks to wires. Annoying for both parties involved, never again.

Would have loved a check instead. FML.

[aes8]

Amazon payments

[MIKA27]

FOR ROB: PayPal Randomly Credits Man With $92,000,000,000,000,000

PayPal just made 56-year-old Chris Reynolds a quadrillionaire. Yes, a quadrillionaire. For a little while anyway.

When Reynolds opened his monthly email account update on Friday, he was pleasantly surprised with a balance of $92,233,720,368,547,800 — 922,337,203,685,478 times more than the $100 or so worth of transactions he usually does per month on PayPal. And very obviously some sort of mistake.

For the record, quadrillion is a real number. It’s 1300 times more than the entire world’s GDP, and trillions and trillions more than the $US73 billion fortune of Carlos Slim, the richest man in the world. And although there are random financial clerical errors all the time, this 17-figure sum is just about the biggest PayPal flub we’ve ever seen.

Unfortunately, Reynolds didn’t get to keep any of his accidental quadrillions; by the time he logged into his account, PayPal had already corrected his balance. Back to the soup line. [UPI, Philly.com, IBTimes via Circa]

MIKA: Yep... Definitely affirms your thoughts on PayPal

[Charltonc]

Chase quick pay, I think it's pretty good and no fees.

[nivanov]

Certainly PayPal is cruel and heartless, they slap members like me with a lifetime ban, I repeat lifetime ban, that's feels like a karate kick below the belt!

Imagine one day it will legal to pay for marijuana via PP and illegal to pay for cigars, ridiculous in my opinion.

I see on line retailers like J&R Tobacco prominently display a PP logo on their website?? What gives (under the table or politically)?

Interesting thread, hope for an alternate solution!

[PuffDaddie]

Paypal suck's.

[El Presidente]

1) Bank tells me the wrong SWIFT code. Ate wire fee, wait 2 weeks for return to Rob.

2) Bank cancels wire because it was sent to my nickname czar uses instead of my account name that is on file (same as first time), have to show up at the bank because BAC investigating me for multiple failed wire flag. Another wire fee and lost time.

3) ForEx increased. Lost more with time.

4) Will lose another wire fee with next transaction.

Lost amount equivalent to box of Shorts +$12 to receive, plus one month of time thanks to wires. Annoying for both parties involved, never again.

Would have loved a check instead. FML.

We send wire transfers almost daily paying for goods (shooaway, cigars, watches etal). it is imperative that we have the correct details. When we do it is seamless. In the end we can only send on the details we are given. If the details are wrong it is a cluster ****.

Our requests of information are always the same: Don't shortcut it.

Name of account.

Account Number

Swift

Iban

Bank Address.

5 easy steps and it works well 99.9% of the time. However the information needs to be correct.

As for Paypal alternatives we continue to investigate. Thanks for all the great suggestions. Most are US based which causes an obvious problem. We should have it sorted in a few weeks. I appreciate everyone's input

[cnov]

The problem with Bitcoins is that there is no stability in the value.

Take this as an example: Let's say you could buy a $25 cigar for 1 Bitcoin. A few months later the value of Bitcoins double. Now you can buy 2 $25 cigars for the one Bitcoin. Now imagine the value of Bitcoins going up 10x their original value, making the value of your goods severely deflated. Typically, a govt agency (Federal Reserve, RBA, etc) would step in to reduce the volatility in the market, but there is no such protection with Bitcoins.

Now if the value of Bitcoins are going up, people are going to hoard their stash like a paranoid crack addict. Sooner or later, those that got in early will offload and make a killing, while those that got in late will just be trying to recoup their losses. And what does this spell? Total collapse of the Bitcoin market.

Bitcoins are essentially an investment, not a currency. They have no inherent value except for what people believe they are worth.

I thought I would resurrect this thread again as there have been a lot of advances in how business' can accept Bitcoin as a currency. The price has obviously rocketed since this thread happened and interest has increased exponentially.

Bitcoin is not the easiest of beasts to get your head around but there are companies out there that can make things very simple for vendors, I would recommend www.Bitpay.com as they are even able to instantly change your Bitcoins into currency of your choice, which negates the risk of ever having to hold Bitcoin and possibly become a victim of the price dropping before you sell. I believe they even have an option to have part fiat currency as well as keeping some Bitcoin for the more adventurous out there.

This week I tried to make a purchase using my Debit Card, but it was unfortunately declined first time and I am now hoping that the second attempt goes through.

Personally, Bitcoin is more attractive to me as a customer because it by pass' international payments system which will save me from A: having to pay the banks exorbitant currency exchange fees and B: the flat fee they give me for sending an international payment, £10 in the case of the good economy draining people at Lloyds. The cost of sending a Bitcoin transaction is around $0.04 and is free to receive, the price difference is incredible to that of using a card.

After money, there is also the convenience, I can easily purchase Bitcoin from a UK supplier with a bank transfer in minutes, then forward on the Bitcoin.

There is also the bonus of not having to give out my card details over the internet.

As a business I think you could benefit from taking them by reducing the charges you pay to the bank and speeding the payment process up for yourself. There are a lot of people out there in the Bitcoin community that are always looking at new ways to spend their coins, there are a lot of companies that have done very well from the advertising that the community it self does at the prospect of being able to spend their currency. One massive plus for any business is that there is no possibility for a fraudster to charge back a payment, wchih is all too common with methods such as Credit Cards and Paypal.

There is another cigar company out there at the moment (not that I use them, or will use them) that is accepting Bitcoin at the moment, I think you could easily take a slice of that market as they do not have a great reputation at all.

There have been a couple of really interesting bit of news recently. Overstock.com (US) started accepting Bitcoin earlier this month and took over $130k in their first day of accepting it! There are some good interviews with their CEO http://www.businessi...-bitcoin-2014-1 , as Overstock do not have huge profit margins, they have opted to exchange into Fiat ($ in their case) currency straight away and are therefore taking no risk involved with the general market.

I may be quite biased, but it seems that Bitcoin could be the perfect alternative to Paypal for some people like myself.

I am no expert in the field, but will be happy to try and answer any questions people have (if any).

And finally, to Rob and Co. If you are interested, I am more than willing to be a Guinea Pig if you want to test the waters. I am still obviously trying to pay by card but I would make another order if it meant I could send Bitcoin

Apologies for the essay, but sad as it seems, I am quite excited about Bitcoins believe it or not.

Thanks for reading

[Fshaw]

Amazon payments is great

[AhmedAloub]

Try Google wallet. It is great services I am using it a lot

Sent from my GT-I9505 using Tapatalk

[cnov]

I'm not sure that you will be allowed to buy Cigars legitimately through either of those methods, I could be wrong but would they not have the same rules as Paypal?

[mgravito]

Add me to the list of Google Wallet fans. I've used it a few times and it works great. You can send funds right in gmail. It might make for a smooth process for those ordering from the Czar.

[Louich]

i'm not a techie guy but don't emt's work?

And it work great !

But I do not know if there is annoffer outside if Canada?

[Hiroshiro]

Klik and pat works but from when I order cigars the tattled to my credit card company