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Alternative to paypal

Discussion in 'General Business' started by nekowai, Sep 8, 2019.

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  1. #1
    I have a site where users win money by publishing ads on their personal site's advertising spots.
    From time to time they need to withdraw money from the site's global balance.
    Paypal seems quite the wrong choice to manage such type of site:

    - Fees for clients to deposit money
    - Fees to send (withdraw) money to clients
    - Send money page only covers purchases and personal payments (the withdrawal operation to clients is not a purchase, yet not a personal payment either?).

    Are there any more suitable services for this?
     
    Last edited: Sep 8, 2019
    nekowai, Sep 8, 2019 IP
  2. ShortGuyzRule

    ShortGuyzRule Active Member

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    #2
    No matter who you go with, it's gonna cost something... Payment processors/enablement platforms have to charge something in order to be able to exist to provide those services - what country are you in? They're not allowed in the US - but *edit - from what* I hear Webmoney, Payeer, Perfectmoney etc are going to be your best bets for what you're trying to accomplish...that or bitcoin
     
    ShortGuyzRule, Sep 8, 2019 IP
  3. walantoklen

    walantoklen Peon

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    #3
    Hm, 2Checkout is not so bad. But PayPal is preferable to everyone.
     
    walantoklen, Sep 9, 2019 IP
  4. NetStar

    NetStar Notable Member

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    #4
    Who should be charged the fees: the users withdrawing or the company paying out? Someone has to pay the fees.

    Generally companies that have a system have a minimum withdraw amount because THEY are going to pay the transaction fees.
     
    NetStar, Sep 14, 2019 IP