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Alternative to Paypal for facebook store

  • 19-07-2014 4:42pm
    #1
    Gem40
    Registered Users, Registered Users 2 Posts: 1 ✭


    HI. I currently run a store on facebook and charge people with paypal by sending them invoice requests. It works great but the monthly charges from paypal are huge. I need instant payment. Does anyone know of any alternatives that work in the same way? Or even of a link that l can put on my fb page. I do not have a website at the moment.
    thanks


Comments

  • #2
    professore
    Closed Accounts Posts: 5,857 ✭✭✭professore


    Gem40 wrote: »
    HI. I currently run a store on facebook and charge people with paypal by sending them invoice requests. It works great but the monthly charges from paypal are huge. I need instant payment. Does anyone know of any alternatives that work in the same way? Or even of a link that l can put on my fb page. I do not have a website at the moment.
    thanks

    Bank transfer? With SEPA it should be easy in the EU in theory.


  • #3
    pedronomix
    Closed Accounts Posts: 997 ✭✭✭pedronomix


    Stripe! and take all credit and debit cards no brainer!! www.stripe.ie


  • #4
    Kenny Logins
    Registered Users, Registered Users 2 Posts: 9,060 ✭✭✭Kenny Logins


    pedronomix wrote: »
    Stripe! and take all credit and debit cards no brainer!! www.stripe.ie

    Fees are almost the same, no?


  • #5
    dbran
    Registered Users, Registered Users 2 Posts: 2,094 ✭✭✭dbran


    Hi

    There is also sofort for European sales

    https://www.sofort.com/eng-INT/buyer/sb/overview/

    Regards

    dbran


  • #6
    pedronomix
    Closed Accounts Posts: 997 ✭✭✭pedronomix


    Kenny Logins wrote: »
    Fees are almost the same, no?

    Yes if you are doing over €100,000 sales per month See https://www.paypal.com/ie/cgi-bin/webscr?cmd=_display-receiving-fees-outside


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  • #7
    Kenny Logins
    Registered Users, Registered Users 2 Posts: 9,060 ✭✭✭Kenny Logins


    pedronomix wrote: »
    Yes if you are doing over €100,000 sales per month See https://www.paypal.com/ie/cgi-bin/webscr?cmd=_display-receiving-fees-outside

    Stripe fees are quoted without VAT though, bringing it up to ~29c + ~2.9%, or am I missing something?


  • #8
    CarlowGraphics
    Registered Users, Registered Users 2 Posts: 11 ✭CarlowGraphics


    Kenny Logins wrote: »
    Fees are almost the same, no?

    Most importantly - it is Irish business, set up by two young Irish brothers entrepreneurs.


  • #9
    Kenny Logins
    Registered Users, Registered Users 2 Posts: 9,060 ✭✭✭Kenny Logins


    CarlowGraphics wrote: »
    Most importantly - it is Irish business, set up by two young Irish brothers entrepreneurs.

    How many people are employed by Paypal in Ireland? ...and how many by Stripe..?


  • #10
    delahuntv
    Closed Accounts Posts: 1,532 ✭✭✭delahuntv


    Paypal is still the biggest brand name in payments and the trust it gives is worth the money it charges.

    If you went the credit card route with someone lke realex you would be charged €30/month by realex + about 2% to 2.5% by the credit card company unless you had turnover in the hundreds of thousands.


  • #11
    pedronomix
    Closed Accounts Posts: 997 ✭✭✭pedronomix


    at 10K per month you can get under 2% but you need a merchant account and a gateway(not expensive) The big issue faced by many PayPal sellers is the actual transaction value limits they impose. The bottom line is that if the fees are a decent number, you can save money


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